Friday 22 November 2024
 
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Barter

Oil traders in barter deals with Iran

Global oil traders have entered into rare barter deals with the National Iranian Oil Company (NIOC), supplying Iran with much-needed gasoline in exchange for high-quality fuel oil, after most economic sanctions against Tehran were lifted in Ja

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Skills swapping platform launched in Dubai

Swappaholics Holdings, an innovative startup, that recently graduated from the TURN8 Accelerator programme (Round 4) in Dubai, has launched a skills swapping portal, a disruptive platform, modeled after the barter trade system that will allow

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Barter booms as Iran's exporters struggle on

  At an international food industry fair in Dubai last week, prospective buyers, many from Africa and south Asia, flocked around 45 Iranian stands selling products such as dried fruit, pistachio nuts and saffron. &nb

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No Iran requests for Malaysian palm oil barter

Iran has not approached Malaysia for barter deals to keep its palm oil supplies flowing as Western financial sanctions hurt it ability to pay for imported food staples, two Malaysian government sources told Reuters on Friday. One of the s

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No Iran requests for Malaysian palm oil barter

Iran has not approached Malaysia for barter deals to keep its palm oil supplies flowing as Western financial sanctions hurt it ability to pay for imported food staples, two Malaysian government sources told Reuters on Friday. One of the s

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Expert backs barter deals to boost airlines

The International Air Transport Association (IATA) has forecast that airlines in the US are set to witness a 10 per cent reduction in net profits in 2008. This is mostly due to high fuel costs from $5.6 billion to $4.5 billion as had been

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Barter exchange opens in Dubai

BizX Trading, the international division of the US-based BizXchange (BizX), a leading corporate business-to-business barter exchange, was officially launched today (June 10) in Dubai. BizX plans to develop its Dubai operation to become the

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