Economy & Trade
December 5, 2013
Abu Dhabi’s Khalifa Fund for Enterprise development has signed an agreement to provide $200 million to Egypt’s Social Fund for Development (SFD) to support the development of small enterprises.
Yemen joined the World Trade Organization Wednesday after 13 years of negotiations with the global trade group.
UAE Ministry of Economy Sultan bin Saeed Al Mansouri called on delegations at the World Trade Organization meeting Thursday to deliver a balanced deal that "servers the interests of developed, developing and least developed countries alike."
Kuwait is due to receive approximately $744 million in a few days from the United Nations Compensation Commission (UNCC) for disbursement in environmental rehabilitation
Al-Sabah was quoted in the statement as saying that in the coming period, Kuwait would give priority to the projects that affect Egyptian citizens.
December 4, 2013
Sudan, Libya, Iraq, Yemen and Iran were the worst in the region.
Dubai SME will be hosting the World Entrepreneurship Forum - UAE chapter on the 8th and 9th of December at the Dubai World Trade Centre.
The International Monetary Fund warned Saudi Arabia Tuesday that failing to expand its private sector may hurt its economy dramatically in the future.
Real estate buyers in Dubai can now bid for properties online.
December 3, 2013
Egypt returned $500 million to Qatar December 2 after the Gulf peninsula "refused" to renew a former deposit it had made in Egypt's central bank. The December 2 transfer represents the second deposit return to Doha in the last month.
The annual Economic Freedom of the Arab World report published by the Fraser Institute has ranked Arab nations in terms of economic freedom.
December 2, 2013
Qatar has been told by the world players’ union FIFPro to abolish the kafala system for footballers and respect international standards for their contracts.
Trade exchange between Saudi Arabia and Morocco will jump to $7 billion by early 2014.
A senior official at the Ministry of Finance said Saudi Arabia would offer a new aid package to Egypt worth US$5 billion.
December 1, 2013
A recent report released by a Canadian public policy think tank suggests that Bahrain, Jordan and the UAE have the highest levels of economic freedom in the region.