Saturday 4 July 2015
 
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Iran steelmakers request import duty hikes

Iranian steelmakers have asked the government to raise import duties for certain steels by up to 40 per cent as protectionism in the global steel sector gathers pace amid a flood of cheap sales mostly from top producer China. Chin

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Iran steelmakers request import duty hikes

Iranian steelmakers have asked the government to raise import duties for certain steels by up to 40 per cent as protectionism in the global steel sector gathers pace amid a flood of cheap sales mostly from top producer China. Chin

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Fruit imports law implementation delayed in Bahrain

The implementation of a 12-year-old law on fruit and vegetable imports that has never been properly enforced has been delayed until after Ramadan. Under the law, which was enacted in 2003, importers are obliged to provide the auth

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Saudi bans poultry meat import for 13 US regions, Bhutan

The Saudi Food and Drug Authority (SFDA) has temporarily banned the import of poultry meat, eggs, their products and equipment from five regions in the US, due to the spread of severe bird flu disease, according to a report. Monta

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Saudi exports drop 8pc to $342bn, imports rise

Saudi Arabia's total exports dropped 8.9 per cent to SR1.28 trillion ($342.28 billion) last year, while its imports rose 3.3 per cent to SR651.88 billion, according to a report. The kingdom’s oil exports comprised 83 per

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Egypt to launch up to $3bn LNG purchase tender

Egypt is set to launch what will be a highly sought after tender in early June to buy up to $3 billion of liquefied natural gas (LNG) over 2016 and 2017, senior state officials and trade sources said. Egypt has emerged as a major

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Arab team explores opportunities in Brazil’s Amazonas

A high-profile Arab delegation recently explored trade and investment opportunities between Amazonas, the largest state in Brazil and Arab countries, according to the Arab-Brazilian Chamber of Commerce (ABCC). The delegates compri

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Oil prices fall on oversupply fears, outweigh China imports

Oil fell on Friday (May 8), erasing gains earlier in the session, as concerns over oversupply outweighed strong Chinese import figures. Benchmark Brent crude was at $65.42 per barrel at 0500 GMT, down 12 cents after hitting a sess

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Aramco in negotiation to buy 1.7m barrels of gasoil for May

Saudi Aramco is in negotiation to buy 1.7 million barrels of gasoil for delivery in May, its largest spot requirement in recent months, to meet a potential rise in domestic demand for the power generation fuel in summer, industry sources said.

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Brazilian exports to Mena exceeds $1bn in March

Brazil exports $1.036 billion worth of products to the Middle East and North Africa (Mena) region in March, an increase of 1.03 per cent over the same period last year, according to latest statistics. The statistics released by Br

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