Trade
Latest news, analysis, and updates on Trade from A47 News.
2 stories in Economy · Updated live
Turkey and Iraq near one-year extension of crude oil pipeline deal
Turkey and Iraq are set to finalize a 12-month extension of their crude oil pipeline agreement, ensuring continued exports through the Ceyhan port. This development is driven by Iraq's heavy reliance on oil revenues and the need for sustained energy cooperation between the two nations. The long-term implication may include enhanced regional energy security and potential future energy partnerships in the Middle East.
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Turkey and Iraq near one-year extension of crude oil pipeline deal
Turkey and Iraq are set to finalize a 12-month extension of their crude oil pipeline agreement, ensuring continued exports through the Ceyhan port. This development is driven by Iraq's heavy reliance on oil revenues and the need for sustained energy cooperation between the two nations. The long-term implication may include enhanced regional energy security and potential future energy partnerships in the Middle East.
Dubai's GDP Grows 2.4% to Dh232 Billion in Q1 2026
Dubai's economy has reported a GDP of Dh232 billion for the first quarter of 2026, reflecting a 2.4% increase compared to the same period last year. This growth is driven by strong performances in key sectors such as health, construction, finance, and trade. The sustained economic expansion positions Dubai as an increasingly attractive destination for global investment.