Economy & Trade

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Saudi Arabia's economy should gather pace for the second half of 2014 (File/AFP)
Today
How well is Saudi Arabia's economy doing? It's time to have optimism towards the non-oil economy as it transitions into the labour market to turn favourable for 2015.

Today

During the event
15:53 GMT
(press release)

In line with its long-term strategy to support education reform in Aqaba, Aqaba Container Terminal (ACT) recently announced the launch of its third educational campaign, “EkfalTaleb 3.”

Total earnings across the GCC rocketed by 11 percent to $33 billion in comparison to the same period in 2013 (File/AFP)
11:03 GMT

UAE corporate earnings increased by 16 percent in the first half of the year, surpassing the average growth rate for the GCC region.


He said laboratory tests before arrival were “strictly required” by the Labor Ministry for all foreigners coming from West Africa.
05:35 GMT

The Kingdom on Monday stopped granting visas to workers from Guinea, Liberia and Sierra Leone, the countries worst-hit by the deadly Ebola virus.

August 31, 2014

During the event
13:54 GMT

Dubai Customs has stepped up its efforts towards improving its customer service programs through staff empowerment and capacity building.

August 28, 2014

The objectives are to acquaint the Indian community in Bahrain and nearby countries with the various investment opportunities in India
09:50 GMT

A key meeting in Bahrain next week will see discussions between Bahraini and Indian business leaders on bilateral trade and investment opportunities.

DP World
06:47 GMT

Global marine terminal operator DP World today announces strong financial results from its global portfolio of marine terminals for the six months to 30 June 2014.

August 27, 2014

The new guide also includes information on small-business growth
08:41 GMT

Research and consultancy firm Oxford Business Group published a new guide to Saudi Arabia's economy and finance.

August 26, 2014

The national parliament, early this month, passed the SSP 11.279 billion, up by 8% SSP 0.876 billion from the 2013/14 budget
10:02 GMT

A large portion of South Sudan's annual budget is spent on salaries and operational costs with very little on development projects, a local think tank said in a policy paper.

Saudi Arabia is a strategic partner with the Sudan in investments
06:56 GMT

Saudi investments in the Sudan are expected to cross $13 billion (SR48.75 billion) in the next few months, particularly following a decision on canceling entry visas for Saudi investors.

August 25, 2014

The U.S. is the sixth-largest means for electronic cash transfers to Lebanon (File/AFP)
08:58 GMT

World Bank figures showed a decrease in the cost of sending remittances for the U.S. to Lebanon at 10.19 percent in Q2.

Prime Minister Prince Khalifa bin Salman Al Khalifa who chaired the meeting said settlement disputes needed to be fast tracked (Image: 4photo)
07:58 GMT

Bahrain will overhaul trade laws to increase foreign investment and clean up dispute settlement processes, according to a cabinet meeting hosted by Prime Minister Prince Khalifa bin Salman Al Khalifa.

August 24, 2014

During the event
06:05 GMT

Dubai Customs – represented by the Passenger Operations Department – handed out presents to children returning to the country with their families.

is Majesty King Abdullah on Thursday urged the private and public sectors to join efforts to define the priorities of the 10-year economic plan he asked the government to draft.
04:55 GMT

“Today, we are facing enormous challenges on more than one front, foremost of which are the economic challenges,” the King told the attendees, according to a Royal Court statement.

August 21, 2014

Sheika Fatima also urged Emirati youth to be rational towards wedding expenditure, saying that overspending often leads to negative effects on family stability.
23:18 GMT

“Mass weddings aim to reduce the expenses of weddings and lift wedding cost pressures from young people and their parents. They also encourage young men to marry early and start building a stable and cohesive family,” she added.

DP celebrates Middle East's First hosting of FIBA
09:06 GMT
(press release)

Dubai Properties (DP), the development company of Dubai Properties Group (DPG) and official sponsor of the third edition of FIBA, has concluded its sponsorship of the nine day event.