UAE’s total trade with the European Union reached EUR 52 billion

DUBAI, 8th April, 2018 (WAM) — Two-way trade between GCC countries and the European Union has exceeded EUR143 billion in recent years, according to a senior official of the European Union visiting the UAE to attend the Annual Investment Meeting taking place in Dubai from April 9 to 11, 2018. This confirms that the European Union is the largest trading partner of the GCC, when counted as a single economy.

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Saudi Aramco announces commercial cooperation worth over $10 bn with 14 American companies

NEW YORK, 28th March, 2018 (WAM) — Saudi Aramco announced commercial cooperation worth over $10 billion with 14 American companies during Saudi-US CEOs forum in New York.

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Kuwait oil price down to US$64.72 pb

KUWAIT, 24th March, 2018 (WAM) — The price of Kuwaiti oil went down three cents to reach US$64.72 per barrel, pb, Friday after it was at US$64.75 pb the day before, said the Kuwait Petroleum Corporation on Saturday.

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