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Turkish exporters lose nearly $140M in April as Ukraine war hits trade
Turkey’s exports to Russia and Ukraine fell by nearly $140 million in April, as Moscow’s invasion of its southern neighbor continues to disrupt shipments.
Sales...
Saudi Arabia transfers $80B of Aramco shares to sovereign fund
Saudi Arabia has transferred 4% of the stock in the state-run oil giant Saudi Aramco to the country’s sovereign wealth fund, the government said...
Iran to open trade center in Sulaymaniyah
Iran's Consul General in Sulaymaniyah Mehdi Shoushtari has said the Islamic Republic plans to open a trade center in the region for promoting Iranian...
Ankara-Mogadishu bilateral ties propel Somali businesses
The special relationship Somalia and Turkey share, which extends to trade, is encouraging the Somali business community to travel to Turkey to import everything...
Swiss testing firm SGS posts CHF 6.4 billion revenue in 2021
SGS Group, a Swiss leading testing, inspection and certification company, has recorded a total revenue of CHF 6.4 billion in fiscal 2021, up by...
Africa Finance Corps secures $400 million funding from South Korea and Dubai
Pan-African development financial institution, Africa Finance Corps (AFC) has raised $400 million in funds as its fundraising attracted new lenders from the Middle East...
China-Africa trade up by 38.2% YoY to $185.2 bn in Jan-Sep 2021
China-Africa trade rose by 38.2 per cent year on year (YoY) to $185.2 billion between January and September this year, reaching the highest level...
Togo considers new ways to boost women entrepreneurship
During a meeting held this week, the ministry of trade, representatives of the African Development Bank (AfDB), and a group of Togolese businesswomen (Nana...
Exclusive exhibit of Iranian goods to be held in Syria in early Dec
Syrian Capital Damascus is going to host the second exclusive exhibition of Iranian goods during November 29-December 3, IRIB reported.
The exhibition features companies active...
Tunisia’s real GDP up 0.3% in Q3 2021
Tunisia’s real gross domestic product (GDP) grew by 0.3% year-on-year in the third quarter (Q3) of 2021 (July-September), showing the gradual recovery of economic...
