Free Trade Zones

A year after the start of the Abrahamic Agreements, Israel’s trade with the United Arab Emirates exceeds $ 570 million.

A year after the Abraham’s accords began, some $ 570 million in business has been concluded between Israel and the United Arab Emirates, according to data from the Central Bureau of Statistics. In 2020 and in the first six months of 2021, Israel exported $ 197 million in goods and …

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$ 3.5 billion worth of projects ready for launch in free and special economic zones

TEHRAN – The secretary of the Iranian High Council of Free Zones has said that projects worth 150 trillion rials (about 3.571 billion dollars) are ready to be inaugurated in the free zones and special economic zones of the country of ‘within two months. As announced by Hamidreza Mo’meni, the …

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FG is committed to creating profitable businesses in free zones

The federal government says it will support activities that harness the immense benefits of free trade zones (FTAs) for the Nigerian economy. Speaking on Wednesday in Abuja, Nasir Sani-Gwarzo, Permanent Secretary of the Federal Ministry of Industry, Trade and Investment, stressed the importance of exploring the potential of investing in …

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Akufo-Addo appoints Mike Oquaye Jnr as CEO of the Free Zones Authority

Former Ghanaian High Commissioner to India, Michael Oquaye Jnr • Mike Oquaye Jnr has been appointed CEO of the Free Zones Authority • He will replace Okyere Baafi who is now the Deputy Minister of Commerce • He was Ghana’s High Commissioner to India during the first term of the …

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India Warehouse Market Growth Opportunities 2021-2026: Expected to Witness 9.1% CAGR – ResearchAndMarkets.com

DUBLIN – (COMMERCIAL THREAD) – “India Warehouse Market: Industry Trends, Share, Size, Growth, Opportunities and Forecast 2021-2026” report has been added to ResearchAndMarkets.com offer. The Indian warehouse market reached a value of INR 676 billion in 2020. Going forward, the Indian warehouse market is expected to grow at a CAGR …

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Why the proposed privatization of 36 state assets will not succeed and tackle over-reliance on oil – Report

A report by the Economic Intelligence Unit said that the proposal by Nigeria’s privatization agency, the Bureau of Public Enterprises, to privatize 36 state assets is likely to fail in its goal of generating revenue for the government. government. He said that despite the good goal of reducing operational inefficiencies …

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FTZ trade balance positive for 3 consecutive years

TEHRAN – The secretary of the Iranian High Council of Free Zones said that the trade balance of the free zones and special economic zones of the country has been positive for the past three years. “With the measures taken for the promotion of exports in the country, the trade …

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Extending the gains of upstream integration to sugar production

The Central Bank of Nigeria (CBN) yesterday gave its support to the Dangote sugar refinery, the BUA sugar refinery and the Golden Sugar Company to import sugar into the country, ordering no other company to have access foreign currency to import the product. According to the apex bank, this is …

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CBN says only Dangote, BUA and Golden Sugar can import sugar into the country

The Central Bank of Nigeria (CBN) announced the restriction of the importation of sugar into the country to only 3 companies. The umbrella bank said that only BUA Sugar Refinery Limited, Dangote Sugar Refinery Plc and Golden Sugar Company may be allowed to import sugar into the country through one …

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Pakistan strengthens its industrial power by mobilizing local talent

Abdul Razak Dawood, adviser to Prime Minister Imran Khan on trade and investment, in his interview with Gulf News. Image Credit: Sana Jamal Islamabad: Pakistan has implemented an ambitious strategy to strengthen industrial strength by mobilizing local talent and providing incentives to achieve export-oriented economic growth with a new emphasis …

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