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Qatar + EU look to boost trade ties: Qatar’s Commerce and Industry minister Faisal Al Thani and State for Foreign Trade Minister Ahmed bin Mohammed Al Sayed met with EU Gulf Region Special Representative Luigi Di Maio to discuss boosting trade links and investments, according to a statement. The EU stands out as the GCC’s second largest trade partner, accounting for 11.1% of the Gulf’s total trade in goods last year. Some 16.2% of GCC imports came from the European Union last year, and some 7.5% of the Gulf’s total exports were shipped to the EU.
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Oman + Saudi Arabia eye stronger trade links: A delegation led by Oman’s Chamber of Commerce and Industry chairman Said bin Ali Al Abri held a meeting with Saudi officials to discuss bolstering trade and investment potential between the two countries, Muscat Daily reports, citing a statement made to ONA. The group looks to advertise new investment potential in Oman’s North Batinah region and facilitate new avenues of bilateral trade, Al Abri said in the statement. The pair also discussed the value of investing into Rub al Khali port, which connects the two countries, and facilitated the transportation of goods worth some OMR 159.6 in 1H of this year alone.
