EghtesadOnline: Iran exported around 3.8 million tons of commodities worth $967 million to the UAE during the first quarter of the current fiscal year (March 20-June 20), according to the director general of Trade Promotion Organization of Iran's Arab-African Affairs Office.
EghtesadOnline: Iran’s non-oil commercial exchanges with Persian Gulf Arab states, including Iraq, the UAE, Oman, Qatar, Kuwait, Syria, Lebanon, Jordan and Saudi Arabia, hit $21.5 billion in the last Iranian year that ended on March 19, 2020.
EghtesadOnline: A senior UAE official on Sunday urged Iran to come to the negotiating table with world powers and Persian Gulf Arab countries to seek a new agreement that would deescalate regional tensions.
EghtesadOnline: Saudi and Emirati officials are signaling rapprochement with Iran because they want to limit the scope of their confrontation with Iran to the political field, says a former diplomat, who maintains that Iran's response could determine the future of ties.
EghtesadOnline: Iran should seize the opportunity provided by the toned-down rhetoric from Saudi and Emirati officials to mend strained bilateral relations, says a political analyst, who believes that the interests of Persian Gulf states lie in lasting peace and security in the region.
EghtesadOnline: The new approach adopted by Iranian and Emirati authorities toward deescalating tensions and protecting regional security could help improve trade between the two neighboring countries in the current fiscal year (2019-20) compared with last year.
EghtesadOnline: UAE Minister of State for Foreign Affairs Anwar Gargash said the UAE and Saudi Arabia prefer a political approach to their problems with Iran.
EghtesadOnline: Iran should welcome détente with regional countries, including Saudi Arabia and the UAE, because such an attitude would give the country the upper hand amid tensions with the United States, a senior lawmaker said.
EghtesadOnline: An oil tanker damaged in a bombing off the UAE port of Fujairah in May is back in business. The ship’s first destination: Iran.
EghtesadOnline: Iran on Monday expressed concerns over incidents involving ships off the coast of the UAE and called for vigilance against any plot to destabilize the region.