Economy & Trade
January 22, 2015
Losses from lower oil exports should sap up to $300 billion from economies of the Gulf Cooperation Council, the International Monetary Fund said on Wednesday.
January 21, 2015
Alderley, a leading engineering company operating in the oil, gas, petrochemical and water industry, has won a contract to supply nine oil metering systems and small volume provers for a project in Saudi Arabia
Organisers said the show has grown by four percent this year and was filled to capacity.
Emirates was the UAE’s most positively perceived home-grown brand in 2014, according to a YouGov ranking.
In a period of worsening employment figures and slower growth, as well as widening global income inequality.
“The country’s period of miraculous break-neck growth is over, but let’s get over it.”
January 20, 2015
Dubai Customs has signed a Memorandum of Understanding (MoU) with Dubai Technology and Media Free Zone Authority (DTMFZA), on behalf of Dubai Design District (d3).
Qatar’s emir will attend an economic summit due to take place in Egypt in mid-March, sources from both countries said on Monday, in a sign of easing political tension between the Arab states
January 19, 2015
Oman Drydock Company has handed over its 300th vessel since starting operations in 2011.
The National Agricultural Development Company (NADEC) achieved net profits amounting to SR 107 million net profits in 2014.
The central bank let the Egyptian pound depreciate on the official market for the first time since July, allowing it to reach 7.19 pounds per dollar, its weakest level since auctions began in December 2012.
A Dubai Chamber of Commerce and Industry trade delegation, led by its President and CEO, H.E. Hamad Buamim, left this morning (Tuesday) for a three-day visit from January 20 to 22 to the Ghanaian capital Accra.
The Department of Economic Development in Dubai honored 15 employees, who graduated in the first batch of the Rawasy program, which aims to develop leaders from the staff at various departments and directorates.
Egypt gained notable improvements in confidence, exports and manufacturing, according to the World Bank’s report in January , which highlighted 1.2% growth for 2014.
January 18, 2015
Dubai Chamber of Commerce and Industry will celebrate its 50th anniversary in 2015, focusing on Dubai’s overall developments achieved.