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International Trade

Ethiopia bans CAD payments for exports to Egypt

The National Bank of Ethiopia (NBE) has taken decisive action to protect the nation’s dwindling foreign exchange reserves by banning the use of Cash Against Documents (CAD) as a payment method for exports to Egypt. The directive, issued…

Electrical gear drives growth in Oman’s exports

MUSCAT: Oman's industrial exports witnessed a notable 8.6 per cent increase during the first quarter of 2025, reaching RO 1.618 billion, compared to RO 1.490 billion during the same period in 2024, according to data…

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