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commerce

Granting oil block in South confirms our right to maritime border

Beirut - Arab Today

Foreign Affairs and Expatriates Minister, Gibran Bassil, deemed Saturday that granting the oil block in the South confirms Lebanon's right to the maritime border with Israel. "Granting an oil block in the South is an affirmation of our right to the maritime border between us and Israel, despite all the direct political pressures or through the media," Bassil said duringRead more

Recruiters say Omanisation drive is working

Muscat - Arab Today

More than 80 per cent of all job vacancies currently posted in Oman are for Omanis only, according to recruitment agencies, as nationals begin to reap the fruits of a government Omanisation drive. Data from past two years shows that nationals are being hunted by recruiters as companies seek to hit targets set by the government regarding Omani staff. Dr.Read more

Dubai Chamber workshop examines legal aspects

Dubai - Arab Today

The Dubai Chamber of Commerce and Industry recently hosted a workshop at its premises to provide businesses with more clarity on the legal aspects of managing insurance claims in the UAE. The workshop, organised in cooperation with Fichte and Co., was attended by Dubai Chamber members, lawyers and legal professionals, general managers, business owners, corporate counsel, insurance professionals, insurance brokersRead more

US slaps anti-dumping duties on Chinese hardwood plywood

Washington - Arab Today

The United States said on Monday it would impose anti-dumping duties on imports of hardwood plywood products from China, a move decried by Beijing as based on "totally distorted" data. It was the latest move by the Commerce Department against Chinese goods it deems to have benefited from state subsidies, including fresh duties against aluminum foil unveiled last month. TheRead more

87,575 business licenses issued for Saudi women

RIYADH - Arab Today

The Ministry of Commerce and Investment issued 87,575 commercial registrations for women at the end of the Hijra year 1438. Licenses were issued throughout the Kingdom, with the highest number in Riyadh with 20,086, followed by Jeddah (13,826), Makkah (5,098), Madinah (4,400) and Taif (3,861), a ministry official said. They were issued for businesses in various fields, including trade, manufacturing, communications,Read more

Dubai Chamber, Panama's counterpart sign MoU to explore business

Dubai - Arab Today

The Dubai Chamber of Commerce and Industry concluded a delegation visit to Panama on Monday with the signing of a Memorandum of Understanding, MoU, with the Panamanian Chamber of Commerce, Industry, and Agriculture. The strategic agreement aims to boost bilateral trade and investment and build bridges between business communities on both sides. The MoU signing came during a high-level businessRead more

Saudi Arabia is on track in trade and investments

RIYADH - Arab Today

Minister of Commerce and Investment Majid Al-Qassabi on Saturday said that the Kingdom is marching in a steady line in trade and investments which has resulted in a total of 7,827 foreign projects in the country. Al-Qassabi made the statement to mark Saudi Arabia’s 87th National Day which was being celebrated by citizens and residents in all parts of the Kingdom.Read more

Sharjah Chamber concludes participation in World Chambers Congress

Sharjah - Arab Today

The Sharjah Chamber of Commerce and Industry, SCCI, concluded its participation in the 10th World Chambers Congress, WCC, held in Sydney, Australia, from 19th to 21st September, by signing a Memorandum of Understanding, MoU, with the Australia Arab Chamber of Commerce and Industry. This was the SCCI’s fifth participation in a row in the event which saw the attendance ofRead more

Emirati-Iraqi team to be formed to facilitate bilateral investments

Abu Dhabi - Arab Today

Sultan bin Saeed Al Mansoori, UAE Minister of Economy, has discussed the need to strengthen joint efforts to raise the level of economic, trade and investment cooperation between the UAE and Iraq with Mohamed Shi'a Al-Sudani, Minister of Industry and Minerals of the Republic of Iraq, during a meeting held recently in Abu Dhabi. The two parties agreed to formRead more

UAE-Iraq Trade and Investment Forum discusses increasing joint investments

Abu Dhabi - Arab Today

Sultan bin Saeed Al Mansouri, UAE Minister of Economy, said that economic relations between the UAE and Iraq have witnessed unprecedented growth over the past years due to the willingness of the two countries to strengthen their relationship on all levels. ''Volume of non-oil trade between the UAE and Iraq reached a relatively high rate at US$11 billion in 2016.Read more