African Times has published this article in partnership with Xinhua News Agency

UAE’s foreign trade volume aimed at nearly US$1,09 trillion, and non-oil exports grew by 25 per cent. This is reported by Emirates News Agency (WAM), a partner of TV BRICS. In the first half of 2024, the UAE’s non-oil exports to 10 key trading partners grew by 28.7 per cent, while trade with the rest of the world grew by 12.6 per cent. Gold, jewellery, oils, aluminium, copper wires, printed materials, silverware, iron and steel products, and perfumes emerged as…

Iranian and Russian automobile and parts manufacturers met at MIMS Automobility Moscow 2024 to discuss ways to strengthen cooperation. The export of Iranian automobile spare parts to Russia has faced a 450 per cent increase in the past years. This is reported by  Mehr News Agency, a partner of TV BRICS. The Iranian delegation, led by Deputy Minister of Industry, Mining, and Trade Farshad Moghimi, and Russian automotive industry representatives exchanged ideas on how to promote trade, including how Iranian…

The Nigerian High Commission in South Africa has called for an improved regulatory framework and a visa regime to “scale up” trade and other relations between the two countries and their citizens.  Ambassador Alexander Temitope Ajayi, the Acting Nigerian High Commissioner to South Africa, has urged the business community and ordinary people in both countries to collaborate, exchange knowledge and explore mutually beneficial opportunities.  Ambassador Ajayi has insisted that Africa would benefit greatly from stronger economic ties between its two…

Iran’s National Centre for Creative Industries and Carpets reported a significant increase in the production of hand-woven carpets in the first four months of the current Persian year (started in Iran on March 20). This growth was accompanied by an increase in exports. This is reported by IRNA, a partner of TV BRICS. A total of 1.35 million square meters of hand-woven carpets were produced across the country, a significant increase compared to the same period last year. The acting…

Exports of green coffee from Brazil totalled 3.39 million 60-kilogramme bags in July, an increase of 25.7 per cent compared with the same month last year. Shipments of canefol coffee were up 82.2 per cent year-on-year in July. This is reported by Brasil 247, a partner of TV BRICS. Exports of Arabica beans rose 13 per cent to 2.49 million bags, instant coffee rose 26 per cent to 376,524 bags and roasted and ground coffee rose 5,552 bags, up 47…

Leading property companies in the UAE have launched many major projects since the beginning of the year, offering a variety of investment opportunities for investors and those wishing to live and work in the country. This is reported by Emirates News Agency (WAM), a partner of TV BRICS. Experts expect the UAE property market to maintain its upward trend in 2024, with new projects from the government and private sector covering various property and infrastructure segments. Several residential and commercial…

Sergey Katyrin, President of the Russian Chamber of Commerce and Industry, who attended the Annual Investment Congress (AIM Congress 2024) in the capital of the UAE, spoke in an exclusive interview with TV BRICS about the work of the BRICS Business Council, which he chairs. He explained what priorities the structure has in view of Russia’s chairmanship in the association this year. What priorities are guiding the BRICS Business Council this year in view of Russia’s presidency? Are there any…

China’s trade turnover with other BRICS countries rose 11 per cent year-on-year to 1.49 trillion yuan (US$205,7 billion) in Q1 2024. It accounted for 14.7 per cent of China’s total foreign trade during the period, according to the country’s General Administration of Customs (GAC). This is reported by China Daily, a partner of TV BRICS. As for statistics on individual BRICS countries, China’s exports to and imports from Brazil rose 25.7 per cent and 30.1 per cent respectively in the…

In recent years, virtual reality has become an indispensable tool for many industries, and the automotive industry is no exception. Virtual reality lessons for automotive organisations provide indispensable assistance in improving the design, production and maintenance processes of vehicles. One of the most important benefits of using virtual reality in the automotive industry is the ability to create 3D models of vehicles and their components, allowing engineers and designers to easily interact with and see objects in real time. This…