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03 / 2024

Egypt continues to expand Suez Canal to meet shipping challenges

Despite the Houthi armed attacks, Egypt has continued its efforts to expand the Suez Canal to increase traffic.SCA has completed 75 percent expansion projects to strengthen the canal’s two-way capacity.

05

03 / 2024

Saudi exports declined 14 percent in Q4 and China remains leading trading partner

In the fourth quarter of 2023, Saudi exports fell 14.4 percent, and China continued to be its primary trading partner.The decline in oil exports affected the total, with non-oil exports slightly declining, with significant export growth.

01

03 / 2024

The WTO predicts lower-than-expected global trade growth in 2024

WTO Director-General Konzo-Ivila warned that global commodity trade growth could be below 3.3% by 2024, facing downward risks, facing challenges for the WTO and its member countries.

29

02 / 2024

India raises import duty on precious metals and jewellery accessories to 15%

The government has raised tariffs on imports of precious metals and jewelry accessories to 15% from 2024 to support agricultural infrastructure and the domestic jewelry industry, while adjusting the rate of waste catalysts and ashes.

29

02 / 2024

Yellen optimistically predicts global economic growth in 2024, inflation is expected to decline

U.S. Treasury Secretary Yellen, ahead of the G20 meeting of finance ministers, predicted that global economic growth would exceed expectations, with inflation in 80 percent of economies falling, highlighting global economic resilience.

27

02 / 2024

Qatar expands LNG production capacity, plans to increase production by 85% by 2030

Qatar has announced an ambitious plan aimed at significantly increasing LNG production and supply to strengthen its position in the global energy market and respond to changing international energy needs.While the United States has become the largest exporter, Qatar plans to increase its production capacity by 85% by 2030 showing its strategic thinking in global energy politics.