Global trade and supply chain are currently passing through the tough times because of coronavirus COVID-19. However, UAE’s federal export credit company, Etihad Credit Insurance (ECI), is committed to extend all its support to exporters and businesses.
The Chaman-Spin Boldak border between Pakistan and Afghanistan has on Saturday been opened for trade on the directions of Prime Minister Imran Khan as dozens of trucks crossed over into Afghanistan.
Industry body Federation of Indian Export Organisations (FIEO) has urged the government to immediately provide Rs 30,000 crore worth of interest-free working capital term loan to exporting companies
Global stock markets mostly fell on Friday as hopes faded for a quick recovery from the global coronavirus pandemic. Investors looked past new economic relief measures in the United States and Europe
India plans to fast track the review of some investment proposals from neigbouring countries such as China following concerns new screening rules could hit plans of companies and investors, three sources told Reuters on Saturday.
Abu Dhabi Exports Office (ADEX), has launched a national campaign to help business leaders use financial products and services to rebuild global export business and help the economy recover from the COVID-19 crisis.
Germany’s exports fell by 11.8% in March, their steepest drop since current records began in 1990, as the coronavirus crisis reduced demand for goods from Europe’s biggest economy, the Federal Statistics Office said on Friday.
The COVID-19 global outbreak heavily dented India’s merchandise exports in April, as they plunged by over 60 per cent on a year-on-year basis to $10.36 billion from $26.07 billion reported for the corresponding period of the previous year.
Strong German exports to the United States helped Europe’s largest economy to avoid a recession in the third quarter, a data showed on Friday, as companies benefitted from a weaker euro and trade diversion linked to the US-China tariff dispute.