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FinancialNews


  • 09-06-17

    GCC, Egypt, Qatar trade exchange threatens by QAR34bn

    (MENAFN) The trade exchange volume between Qatar and Egypt, KSA, UAE and Bahrain from the other side became threatened after the aforementioned nations cut their ties with Qatar.

    Additionally, trade exchange volume between those nations reached USD9.2bn last year, according to numbers from the Ministry of Development Planning and Statistics.

    Moreover, Qatar's imports from the four nations reached USD4.5bn, compared to exports by almost USD4.7bn.

    The UAE controlled Qatari exports to the GCC by almost USD3.2bn last year, compared to USD2.5bn.

    MENAFN0906201700450000ID1095546464

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