October 2, 2012
Exports from exports rose 7.4 per cent in September when compared to August, according to figures collected by the Turkish Exporters Assembly.
Sudan has enough foreign exchanges reserve to cover five months worth of imports, despite claims to the contrary by the IMF, according to the head of the central bank.
UAE-based Emirates NBD and Morocco's AttijariWafabank have entered a bidding war in an attempt to buy the lucrative BNP Paribas' Egyptian retail arm, which was put up for sale in June.
Bahrain's Chamber of Commerce and Industry (BCCI) boss has said that he wants to forge closer ties between the private sectors in Bahrain and Jordan.
Ithmaar Bank has announced negotiations on a proposed merger with First Leasing Bank, one of its Bahrain-based associates, have reached an advanced stage.
The long-awaited merger between commodity giants Glencore and Xstrata could finally go ahead after proposals were revised.
The Iranian Riyal nosedives to record lows during trading on Monday, as sanctions for the islamic Republics nuclear ambition begin to hit. This drops follows a month-long sell-off as investors seek safer bets.
Lebanon's trade deficit widen to 19 per cent year-on-year, as fears for the economy grow.
October 1, 2012
The Al-Quds Index of the Palestine Exchange (PEX) closed Monday’s trading with an overal decree of 6.90 points.
Abu Dhabi International Airport saw strong growth in passenger and cargo traffic in the first eight months of 2012, outpacing Dubai's competing airport, according to figures released by the Abu Dhabi airport authority
Yemen and US Agency for International Development (USAID) signed here on Sunday an agreement of $180 million to support the development of the areas affected by the war against terrorism in Abyan province.
The cost of non-ferrous metals has increased, in line with increased pressure on the global economy, which could have a small effect Egyptian industry, according to a a member of Chamber for building Materials.
Doctors in Egypt have started industrial action over calling for an increase in the portion of the state budget apportioned to healthcare to 15 per cent and that Egypt would abide by international agreements and better its health system.
The International Labour Organisation has said that workers and employment rights are essential for the global economy to recover. Its new Director-General has warned that these rights should not be lost in the belief that deregulation will create jobs.
New banking regulations in the UAE are stuck in no mans land as the Emirates Banks Association asks for more time to comply with the rules, but the Central Bank has yet to announce whether the laws will be enforced.