Oman records USD 6.7 billion trade surplus: Data
The total value of merchandise imports into the Sultanate of Oman stood at OMR3.89 billion, up 6.9% from OMR3.64 billion during the same period the previous year, by the end of March 2024...
Tag : Trade
Saudi Arabia strengthens industrial ties with the Netherlands
The visit showcases Saudi Arabia's distinct prospects and competencies in the mining and industrial domains...
Saudi Arabia & Australia trade deal: All you need to know
According to the UN Comtrade database, Australia’s exports to Saudi Arabia totalled $789.65 million in 2023...
Ports in Oman show strong growth in 2023-2024
The number of cruise ship visitors at the ports of Sultan Qaboos, Salalah, and Khasab rose significantly...
Saudi Arabia sees 59% surge in commercial registrations
The percentage of young Saudis who registered as commercial establishments in the Kingdom was 38%...
PVcomBank: Empowering businesses with financial solutions
PVcomBank is a financial institution that supports businesses by offering preferential loan packages to provide timely additional capital...
IF Insights: Challenge for global trade to go green or crumble
Every year, over 11 billion tons of commodities, or 85% of all trade, are transported by sea...
Chinese Premier Li Qiang pushes for stronger economic & trade ties with United States
Chinese Premier Li Qiang said that United States companies are welcome to continue to invest in the country to share development opportunities...
Dubai’s non-oil PMI touches new peak as country’s economic diversification accelerates
Dubai's PMI was 56.6 in January 2024 as opposed to 57.7 in December and 56.8 in November 2023...
Understanding currency fluctuations
One notable instance of the chaos sparked by unfavourable currency fluctuations is the ‘Asian Financial Crisis’ that commenced in the summer of 1997 due to the devaluation of the Thai baht...