Economy & Trade

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“The recent fall in the oil price is also a warning that the region cannot be over-reliant on energy resources for GDP growth."
January 25, 2015 - 04:55 GMT
The proposed Arab Stabilisation Plan, ASP, would build a regional framework to promote infrastructure investment and create jobs.

October 19, 2014

H.E. Ahmed Mahboob Musabih
06:17 GMT

Held annually in Dubai, the 2014 edition of Global Trade Development Week – EMEA will be held from 27th to 29th October.

October 17, 2014

The government intends to organise the summit on 21-22 February 2015 in Sharm El-Sheikh,
01:11 GMT

Tourism Ministry books 600 hotel rooms in Sharm El-Sheikh for participants, Finance Ministry offers 9 PPP projects

October 15, 2014

Sultan Bin Sulayem meeting Mahdi Juma'ah, Tunisian Prime Minister
06:47 GMT

H.E. Sultan bin Sulayem, Chairman of DP World and Chairman of Ports, Customs & Free Zone Corporation, called upon the development of global partnership between private and public sectors in an effort to reach for sustained economic development globally.

During the event
06:06 GMT

The Commercial Compliance and Consumer Protection, Dubai has announced major improvements to its smart applications ‘Sallety’ and ‘Meydani,’ launched in line with the Dubai Smart Government initiative.

October 14, 2014

Contracts will be worth $38 billon by the year's end (File/AFP)
15:07 GMT

Kuwait's government awarded over $20.7 billion worth of contracts by the end of August, almost doubling the amount compared to 2013.

The budget allocated Dh1.8 billion (3.7 per cent) to the infrastructure and economic sector, Dh1.6 billion (3.2 per cent) to financial assets and Dh 1 billion (2.1 per cent) to federal spending.
14:03 GMT

Sheikh Mohammed also said that the federal budget for 2015 will go towards health, education and social services.

Egypt’s real GDP in FY 2013/2014 reached 2.2 percent, almost the same as in the preceding fiscal year.
13:47 GMT

The Egyptian Finance Ministry expects gross domestic product (GDP) to climb steadily and to reach 6 percent in FY 2017/18 as private sector investment rises to 15 percent of GDP.

Jafza facility overview
08:49 GMT

Jebel Ali Free Zone (Jafza), and the CIS and Africa, will be participating in Sial – Paris, one of the largest Food and Beverage (F&B) exhibitions in the world.

Dubai Chamber
07:26 GMT

The UAE computer product market is forecast to grow at a Compound Annual Growth Rate (CAGR) of about 8.47% until 2018, according to a research note published by Dubai Chamber of Commerce and Industry.

October 12, 2014

The pull back then snowballed due to panic selling and, possibly, margin calls, according to market players.
00:55 GMT

Stock markets in Saudi Arabia and the United Arab Emirates fell sharply on Sunday as declines on global bourses sparked a broad sell-off in the Gulf region.

The expected visit will also involve forming a joint expert group from the four countries.
00:36 GMT

Egypt’s agricultural exports to Russia have significantly increased and will increase further in the coming period.

06:56 GMT

Officials from Jebel Ali Free Zone (Jafza), the premier Free Zone in the Middle East, will be addressing a seminar on October 15 at the Kempinski Ciragan Palace.

Juma Al Ghaith, Executive Director of Customs Development Division
06:17 GMT

Dubai Customs is taking part in GITEX 2014, which kicks off today (Sunday 12th October, 2014).

The programs for tackling unemployment have contributed to creating a parallel crisis in the labor market and disrupting the market.
04:55 GMT

At least one million vacancies must be created to tackle unemployment among Saudis and 300,000 jobs are needed annually to absorb new graduates entering the labor market,

October 9, 2014

During the event
11:38 GMT

The Dubai Chamber Sustainability Network conducted a Best Practice Session on Road Safety as part of their ongoing “Be Responsible - Drive Safe” campaign in partnership with RTA and