Economy & Trade
May 26, 2014
The Egyptian pound unexpectedly fell to record EGP 7.14 against the dollar after the Central Bank of Egypt (CBE) held an “exceptional foreign exchange auction” on 14 May
May 25, 2014
Department of Economic Development will announce the winners of the Dubai Quality Award, Dubai Human Development Award and the Dubai Service Excellence Scheme at the 20th Anniversary of Business Excellence Awards.
H.E. Hamad Buamim, President and CEO, Dubai Chamber of Commerce and Industry, received H.E. Ahmed Mahboob Musabih, Director General, Dubai Customs, at the Chamber head office recently.
Dubai Customs announced the adoption of a security programs policy for training Customs inspectors, aiming at enhancing their security sense and self-defense and leadership skills to be able to protect UAE borders.
May 24, 2014
The UAE has called for increased coordination between GCC member countries to achieve economic integration in the region.
May 22, 2014
Members of Dubai Chamber of Commerce and Industry’s Centre managed Sustainability Network Task Group in partnership with RTA and RoadSafetyUAE.com launched a Road Safety Campaign “Be Responsible- Drive Safe”.
May 20, 2014
DP World celebrated the launch of the most advanced semi-automated terminal in Australia with the grand opening of its facility at the Port of Brisbane today.
Dubai Customs has recently celebrated World Ideas Week from 12 to 15 May for the fourth consecutive year.
May 19, 2014
Jebel Ali Free Zone (Jafza), the flagship Free Zone operation of Economic Zones World, has held an extensive roadshow in Buenos Aires to attract new Argentinian companies to the Free Zone.
Dubai Customs has completed the fishermen harbours development project in Jumeirah and Umm Suqeim.
The minister noted that government’s new smartcard bread subsidy system, which offers a maximum of 150 loaves for each citizen per month, is set to be implemented in Cairo “within several days”.
A former Omani commerce minister was jailed for three years for corruption on Sunday, the most senior government figure to be convicted in a campaign against graft in the sultanate.
China has emerged as the second top trading partner of Dubai with its bilateral trade at Dh135 billion ($36.7 billion) in 2013, up 18 per cent over the previous year, according to a report from Dubai Customs.
May 18, 2014
Saudi Arabia is considering trade sanctions against the Netherlands because of stickers printed by far-right politician Geert Wilders which display anti-Islam slogans in the colours of the Saudi flag.
May 16, 2014
Turkey's total employment rate stood at 44.1 percent in the month of February, 63.3 percent among men and 25.4 percent among women.