Economy & Trade

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Affording a home and getting married is still difficult under Sisi for many young men unable to make a living.
January 29, 2015 - 16:35 GMT
Facing grim economic prospects at home, desperate young Egyptians are seeking jobs in Libya, a country sliding into lawlessness.

January 29, 2015

Fortress Prime elaborates on impact of unexpected removal of Swiss Franc exchange rate cap against the Euro by the Swiss National Bank
11:38 GMT

Fortress Prime Clearing, (“Fortress Prime” or the “Company”), a division of Fortress Capital Investments L.L.C. headquartered in Dubai, UAE.

Western Union Signs Amr Diab as Brand Ambassador
10:59 GMT

The Western Union Company (NYSE: WU), a leader in global payment services, today announced its association with one of the Arab world's most popular pop stars - Amr Diab, as a Brand Ambassador. As an Arab star with a strong international following, Amr Diab will now represent Western Union and its quick, convenient and reliable money transfer services, offered across 200 countries and territories. He will grace the global payment leader's advertising and print campaigns throughout the region during 2015.

Luis Alvarez
10:24 GMT
(press release)

BT also receives the highest product scores in 5 out of 5 use cases in Gartner’s Critical Capabilities for Network Services, Pan-European report for the second consecutive year

05:25 GMT

Committed to the development of local entrepreneurs and Small and Medium Enterprises (SMEs), Vale in Oman participated in the Symposium to Assess the Implementation of Seih Al Shamikhat’s Decisions, organized by the Public Authority for SME Development (Riyada).

January 28, 2015

Dubai Media City
13:45 GMT

The Emirates Youth Symphony Orchestra, comprised of the UAE’s leading young musicians, today announced the winners of its GCC competition, organised in conjunction with the 11th Emirates International Peace Music Festival at a press conference held at Dubai Media City.

On Dubai Customs’ Agenda: Creating  customer happiness and meeting the goals of Dubai Plan 2021
13:33 GMT

In celebration of the International Customs Day (ICD), observed 26th of January every year,Dubai Customs hosted a panel session that brought together some of DC’s senior officials.

Jadwa Logo
12:22 GMT
(press release)

In a very competitive global oil market, with ample supply from non-OPEC sources, Saudi Arabia’s full year average crude production in 2015 is projected to reach 9.6 mbpd, declining slightly to 9.4 mbpd in 2016.

January 27, 2015

During the workshop
10:16 GMT

The Business Excellence Department (BED) in the Department of Economic Department (DED), Dubai recently hosted an open seminar to help businesses and organisations benchmark their operational and service practices against the best in the world.

Egypt suffered a severe economic crisis after an uprising in 2011 led to the overthrow of two presidents.
04:55 GMT

Egypt can expect economic growth "easily north of 4 percent" in fiscal year 2014-15, which ends in June, boosted by rising confidence and a windfall from lower oil prices.

January 26, 2015

The euro hit an 11-year low on Monday after the election results, and US stock futures also fell.
09:44 GMT

Gold climbed towards a five-month high on Monday as an electoral win by Greece's anti-austerity party sparked fears of renewed instability in Europe.

Over 1,000 Saudi businessmen and companies in various sectors are expected to attend the March Economic Summit.
04:55 GMT

Egypt’s government has sent invitations to more than 6,000 businessmen and 120 countries to participate in the summit.

January 25, 2015

Dubai Customs
09:31 GMT

Marking the International Customs Day, Dubai Customs is hosting today (Jan. 26, 2015) a number of activities at the Customs main office.

Ibrahim Aljanahi, Deputy CEO of Jafza
06:34 GMT

The pharmaceutical and healthcare sector in Jebel Ali Free Zone (Jafza), the flagship free zone of Dubai and the UAE, has seen robust growth consistently in the last several years.

January 22, 2015

Although this figure is relatively higher that the global average of 37 per cent of CEOs, it has declined from the massive 69 per cent in the previous survey.
17:32 GMT

Almost 44 per cent of CEOs in the Middle East said that they are ‘very confident’ that their company’s revenues will grow in the next 12 months,

Entrepreneurs from the 10 start ups at the Turn 8 event at the Grosvenor House Hotel, Dubai
11:38 GMT

DP World’s TURN8 Seed Accelerator initiative, a unique collaboration between enterprise and innovators that encourages entrepreneurship and innovation, brought 10 winning startups and relevant industry investors under one roof at the Grosvenor House Hotel in Dubai this week.