Thursday , September 20 2018

Tag Archives: Trade

Trump sees trade deal with Xi – ‘Great future for both countries’

WASHINGTON, April 8, (AFP): US President Donald Trump on Sunday said he sees an end to the escalating trade dispute with China, after tit-for-tat retaliatory tariffs and threats that rattled markets. “China will take down its trade barriers because it is the right thing to do,” Trump said in a …

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Kuwait investment forum highlights bountiful opportunities for investors – Arab nations urged to work together to fight terrorism

KUWAIT CITY, March 7, (KUNA): Kuwait’s investment forum showcases the bountiful opportunities that await investors from around the world, two national bodies said on Wednesday. The co-organizers of the His Highness the Amir-sponsored forum on March 20-21, Kuwait Chamber of Commerce and Industry (KCCI) and Kuwait Direct Investment Promotion Authority …

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Kuwait urges removal of ‘hurdles’ that hinder trade activity in GAFTA

Fatwa clarifies on news item CAIRO, Dec 26, (KUNA): It is imperative to eliminate any hurdles encumbering business in the Greater Arab Free Trade Area (GAFTA) “at this critical juncture,” said a Kuwaiti official on Tuesday. Heading Kuwait’s delegation to the 44th meeting of the Arab League’s Economic and Social …

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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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