Wednesday, June 23

Business

Syrian-Iranian forum to develop trade and economic cooperation between the two countries

Business
Damascus, Syrian-Iranian trade and economic forum debates focused on the most prominent stages of cooperation between the two countries and ways to develop them and overcome the difficulties facing joint trade and economic relations.The forum, which was held at the Dama Rose Hotel in Damascus, organized by the Syrian-Iranian Joint Chamber of Commerce in coordination with the Iranian Trade Center, brought together industrialists, investors and merchants from the Iranian-Syrian Joint Chamber of Commerce, the Federation of Syrian Industrial, Agricultural and Commercial Chambers and the Iranian Trade Center.Minister of Economy and Foreign Trade, Muhammad Samer al-Khalil stressed that efforts are exerted to raise the levels of bilateral trade exchange, discuss areas of cooperation through produ...

Syria, Iraq discuss means to enhance industrial, economic relations

Business
Damascus, Minister of Industry, Ziyad Subhi Sabbagh has discussed with his Iraqi counterpart, Manhal Aziz al-Khabbaz means to enhance industrial and economic relations and to establish partnerships in order to uplift the industrial sector in Syria and Iraq in a way that would achieve industrial integration and would serve the interests of the two brotherly countries.During the meeting with the Iraqi Minister and the accompanying delegation in Damascus on Wednesday, Minister Sabbagh affirmed the deep-rootedness of the brotherly relations binding the two countries and the necessity to develop industrial cooperation, especially as the industrial sector in both countries has been damaged which entails solidarity and coordination for uplifting it, and pushing the production wheel to meet the ne...

Syrian-Iraqi talks to boost industrial and trade cooperation

Business
Damascus, Damascus and its countryside’s Chamber of industry held discussions on Thursday with an Iraqi Industry delegation the about the investment opportunities between two countries and means to overcome the existing difficulties related to the flow of export of Syrian goods to Iraq. Participants in the meeting that was held at Damascus Chamber of Industry discussed the next strategic steps to build real partnerships that serve the industrial sector between the two countries, in addition to issues of trade exchange and sharing the industrial expertise. Members of Iraqi delegation proposed investment opportunities at the Iraqi industrial sector in light of the presence of about 40,000 suspended or partially destroyed industrial facilities in need of rehabilitation and re-operation with...

Saudi-Russian Business Council Proposes Opening Russian Bank in Saudi Arabia

Business
Riyadh, In a step that reflects the two countries keener to further facilitate trade and joint economic exchange and cooperation, the Saudi-Russian Business Council of the Federation of Saudi Chambers (CSC) proposed during its second meeting, which was held at the Federation headquarters, a proposal to open a Russian bank in Riyadh, in a step aimed at facilitating trade and economic exchange between the two countries.The meeting was attended by CSC President Ajlan bin Abdulaziz Al-Ajlan; Russian Ambassador to the Kingdom, Sergey Kozlov and Chairman of the Saudi-Russian Business Council, Tariq Al-Qahtani, as well as a number of Saudi businessmen.Al-Ajlan stressed the importance of the meeting which he described as a strong push towards developing more trade and economic relations.The Russia...

Syrian-Iraqi talks to develop bilateral cooperation in industrial field

Business
Baghdad, Iraqi Minister of Industry and Minerals, Manhal Aziz al-Khabbaz and Syrian Ambassador in Baghdad, Sattam Jadaan al-Dandah have discussed the bilateral relations and industrial cooperation between Syria and Iraq.Iraqi Ministry of Industry and minerals said in a statement to SANA reporter in Baghdad, “the two sides stressed the importance of historic relations and intellectual and social convergence between the two brotherly countries.”That statement noted that Syria is a deep-rooted country in the fields of industry and agricultural and it has advanced experiences in the field of spinning, fabric and cotton industry.Khabbaz expressed desire for preparing a working paper between the two countries in the industrial field, calling for continued coordination between the two countries t...

Delegate of German Industry and Commerce Visits Unaizah Chamber

Business
Unaizah, Delegate of German Industry and Commerce for the Kingdom of Saudi Arabia and Bahrain Dr. Dalia Samra visited yesterday Unaizah Chamber of Commerce and Industry.She was briefed on the Chamber's role in supporting investment and trade exchange, as well as samples of products exported from Unaizah to European countries.During the visit, a meeting was held with Chairman of the Board of Directors of Unaizah Chamber Nizar Al-Harkan and members of the Council to discuss issues related to areas of cooperation between the Chamber and the German-Saudi Liaison Office for Economic Affairs and to coordinate the visits of businessmen between the two sides.Source: Saudi Press Agency