Forbes Middle East’s Post

Jordan-Qatar Trade📊 Hits $123M in H1 2024: A Testament to Growing Economic Ties Trade between Jordan and Qatar has shown remarkable growth, reaching $123 million in the first half of 2024 - a 4% increase from the same period last year. This upward trend highlights the strengthening economic relationship between the two nations. Jordan's exports to Qatar, primarily consisting of consumer goods like fresh and processed foods, have seen significant growth. Notably, Jordan's pharmaceutical sector demonstrated resilience with a 3.8% increase in exports of drugs and medical supplies. Qatar, in turn, is supporting Jordan's industrial needs through exports of chemical materials, automobile oils, and fertilizers. This growing trade balance reflects the complementary nature of both economies and the increasing demand for Jordanian products in Qatar. As these nations continue to foster their economic ties, we may see even more robust growth in various sectors. How do you see this evolving trade relationship impacting the broader Middle Eastern economic landscape? Read the full story here: 👇 https://lnkd.in/gu_muvSa #JordanQatarTrade #Jordan #Qatar #MENAEconomics #MENA #GlobalTrade #PharmaceuticalExports #EconomicGrowth #TradeRelations #MiddleEastBusiness #MiddleEast #BusinessNews #Rasmal #RasmalNews #MENABusiness

The UAE has pledged to extend a $2 billion loan to Pakistan, signaling strong bilateral relations and a shared commitment to economic growth. In a recent discussion, UAE President Sheikh Mohamed bin Zayed and Pakistan's Prime Minister Shehbaz Sharif agreed to accelerate investment projects and enhance cooperation. Prime Minister Shehbaz is set on driving economic reforms, with initiatives to lower electricity costs, bolster SMEs, and spur export-driven growth. These initiatives focus especially on textiles and emerging sectors. An important meeting is slated for later this week to discuss reductions in power prices, which align with broader economic goals. Pakistan is also actively enhancing trade relationships with Indonesia, aiming to expand Halal meat and rice markets while securing more favorable terms for edible oil imports. The government is also intensifying efforts to eradicate human smuggling, with ongoing strategic meetings to address this critical issue. #UAEInvestment #EconomicReform #BilateralTrade #SustainableDevelopment #ExportGrowth #AntiSmugglingEfforts #PakistanEconomy #TradeRelations #EnergySector #AdvancePakistan

India 🇮🇳 - Qatar 🇶🇦 Trade developments India, Qatar Commit To Address Bilateral Trade Concerns Promptly With bilateral trade reaching $14.08 billion in 2023-24, India stands as Qatar's second-largest trading partner. India and Qatar have agreed to swiftly address all pending bilateral trade issues and identified key areas to enhance trade and mutually beneficial cooperation in Doha for a Joint Working Group meeting. The Commerce Ministry highlighted significant potential for further economic collaboration, identifying key areas such as gems and jewellery, customs collaboration, local currency trade, pharmaceuticals, food processing, food security, and support for micro, small, and medium enterprises. There are possibilities and opportunities to increase the India’s exports to Qatar #kdsushma #eximcoach #exportimport #qatar #indiaqatartrade IGTD EXIM Chamber of Commerce Global Fortune

#India 🇮🇳 - #Qatar 🇶🇦 #Tradedevelopments India, Qatar Commit To Address Bilateral Trade Concerns Promptly With bilateral trade reaching $14.08 billion in 2023-24, India stands as Qatar's second-largest trading partner. India and Qatar have agreed to swiftly address all pending bilateral trade issues and identified key areas to enhance trade and mutually beneficial cooperation in Doha for a Joint Working Group meeting. The Commerce Ministry highlighted significant potential for further economic collaboration, identifying key areas such as gems and jewellery, customs collaboration, local currency trade, pharmaceuticals, food processing, food security, and support for micro, small, and medium enterprises. There are possibilities and opportunities to increase the India’s exports to #Qatar Thank you #Nikhilporeddiwar🤝🌏🌍🌎 #Nikhilporeddiwar #KDSushma #kdsushma #eximcoach #exportimport #qatar #indiaqatartradeIGTDEXIMChamber of #CommerceGlobalFortune

India & UAE Set Ambitious $100 Billion Non-Oil Trade Target by 2030! A new era of economic collaboration is on the horizon, driving trade diversification and stronger bilateral ties. Read more: https://lnkd.in/gCmVUzJh #IndiaUAE #TradeGoals #GlobalPartnership #EconomicGrowth #BilateralTies Ministry of Commerce and Industry, Government of India | ajay bhadoo | Juma Al Kait

#SouthAfrica is committed to boosting exports of value-added goods and services to #SaudiArabia, aiming for a more balanced trade relationship. At the South Africa-Saudi Arabia Business Forum, Minister #ParksTau announced plans to consolidate initiatives into a two-year action plan to strengthen economic ties. The focus will be on sectors like #agro-processing, #technology, #healthcare, and #infrastructure. Tau highlighted the growth in trade, with South Africa's exports rising to $8.1 billion in 2023, and encouraged Saudi businesses to invest in South Africa, leveraging the African Continental Free Trade Area. Full article: https://lnkd.in/esPtkTXr #SouthAfrica #SaudiArabia #TradeRelations #ValueAddedExports #EconomicGrowth #InternationalTrade #AgroProcessing #TechInnovation #AfCFTA #GlobalBusiness #InvestmentOpportunities #ColdChain #Africa #supplychain #Logistics #Imports #exports #shipping #containers #reefer #cargo #policy #coldcargo #temperaturecontrol #food #foodsecurity #colddrinks #pharmaceuticals

The UAE has announced an extension of $2 billion debt for Pakistan, following a meeting between Prime Minister Shehbaz Sharif and UAE President Sheikh Mohamed bin Zayed. The leaders discussed strengthening bilateral ties and fast-tracking investment projects, with the UAE president reiterating commitment to enhancing the partnership. Prime Minister Shehbaz highlighted the need for sacrifices to achieve economic prosperity, emphasizing measures to reduce electricity costs, support SMEs, and boost export-led growth, particularly in textiles and non-traditional sectors. A meeting is scheduled this week to address power price reductions. The government is also focusing on strengthening trade ties with Indonesia, particularly in Halal meat, rice exports, and edible oil imports. Efforts to combat human smuggling remain a priority, with regular meetings held to tackle the issue. #TruePakistan #EconomicPartnership #BilateralTies #TradeExpansion #SMEGrowth #SustainableDevelopment

𝐔𝐀𝐄-𝐈𝐧𝐝𝐢𝐚 𝐍𝐨𝐧-𝐎𝐢𝐥 𝐓𝐫𝐚𝐝𝐞 𝐒𝐮𝐫𝐠𝐞𝐬 𝟏𝟎% 𝐢𝐧 𝐅𝐢𝐫𝐬𝐭 𝐇𝐚𝐥𝐟. The UAE and India have witnessed a significant 10% increase in non-oil trade during the first half of 2024, reflecting the growing economic ties between the two countries. #UAE #India #TradeGrowth #EconomicTies #ArabNews #ArabTimes #ArabTimesNews

The UAE has announced an extension of $2 billion debt for Pakistan, following a meeting between Prime Minister Shehbaz Sharif and UAE President Sheikh Mohamed bin Zayed. The leaders discussed strengthening bilateral ties and fast-tracking investment projects, with the UAE president reiterating commitment to enhancing the partnership. Prime Minister Shehbaz highlighted the need for sacrifices to achieve economic prosperity, emphasizing measures to reduce electricity costs, support SMEs, and boost export-led growth, particularly in textiles and non-traditional sectors. A meeting is scheduled this week to address power price reductions. The government is also focusing on strengthening trade ties with Indonesia, particularly in Halal meat, rice exports, and edible oil imports. Efforts to combat human smuggling remain a priority, with regular meetings held to tackle the issue. #EconomicStability #BilateralRelations #ExportGrowth