Friday , December 15 2017

Tag Archives: Trade

Saudi Arabia to launch joint trade commission with Iraq – Sign of thaw

RIYADH, Aug 15, (AFP): Saudi Arabia and Iraq are to launch a joint trade commission, the Saudi cabinet announced Monday, in a sign of a thaw in ties between the two neighbours. “The cabinet has decided to approve the establishment of the Saudi-Iraqi Coordinating Commission and to delegate the Saudi …

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Trade surplus narrows to 11-year low in 2016 – Imports flat

KUWAIT CITY, March 28: Kuwait’s trade surplus retreated to an 11-year low of KD 4.7 billion in 2016 or 14 percent of GDP, as oil export earnings remained weak against a backdrop of limited import growth. Oil export revenues continued to be weighed down by lower oil prices, though we …

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Trade surplus slips KD 1.8 bln in Q3 of 2015

Kuwait’s trade surplus narrowed in 3Q15 on the back of lower oil revenues. However, the surplus remains relatively healthy at 17% of GDP. The surplus slipped to KD 1.8 billion in the third quarter of 2015 as lower oil prices continued to weigh down on revenues. The trade surplus is …

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