Economy & Trade

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Asia and Turkey will also remain the most important trade partners of the UAE in terms of imports.
September 17, 2014 - 15:55 GMT
The UAE is likely to remain top export destination for India till 2030, and China is forecast to emerge as the second largest export market, displacing the US.

October 7, 2012

During the visit
11:35 GMT

H.E. Engineer Ahmed Mohamed Al Shareef the Under Secretary of the Department of Municipal Affairs received a Saudi delegation from Al Madina Al Munawara Municipality.

Saudi Arabia rebuffs IMF budgetary claims
07:03 GMT

The IMF has claimed that the budget surplus being run by Saudi Arabia is decline before dropping into deficit have been rebuffed by the Saudi Kingdom as a "doomsday scenario"

IMF boss Legarde praises the GCC
06:02 GMT

Christine Legarde has sung the praises of Gulf arab countries and their management of oil prices and reserves at a conference with senior GCC officials.

Jordan receives $250 million as part of pledges from the GCC
06:00 GMT

Kuwait has transfered $250 million to the Central Bank of Jordan (CBJ), as the first tranche of GCC support for the Kingdom this year.

October 4, 2012

The Central Bank of Kuwait takes action to ease pressures on the economy
13:39 GMT

The Central Bank of Kuwait has taken measures to increase liquidity in the banking sector as inflationary pressures remain.

Global economy to remain fragile for years to come, says IMF
12:36 GMT

As the sluggish growth of the Chinese and US economies mixed with the Eurozone and Middle East tensions attest, the global economy is facing another six years of turmoil, according the IMF.

Morocco and Spain plan to increase economic ties
10:36 GMT

A top level Spanish delegation headed by Prime Minister Mariano Rajoy held talks with Moroccan officials in Rabat on Wednesday. Despite their historic political differences, the two countries

The World Bank and the IMF are seeking to privatise parts of the Egyptian economy
09:37 GMT

The Egyptian government is in negotiation with the World Bank that would results in the privatisation and restructuring of the public sector as the Bretton Woods institutions seek to reorganise the the post-Arab spring economy.

Egypt's stock exchange rebounds after losses
08:54 GMT

The Egyptian stock exchange regained some ground, after positive news from the CEntral Bank of Egypt and the US government.

October 3, 2012

Lebanon's economy remains stable as  Syrian conflict rages on
12:16 GMT

The Lebanese economy is financially solid, despite concerns over the conflict in Syria, according to HSBC.

Counterfeiting crisis at Yemen's ports
12:02 GMT

A studies and economic media center has revealed that 90% of the customs fees at Yemen's ports have been lost because traders and customs officials forge purchase and sale bills of imported products.

The International Symposium for Justice & Law
11:10 GMT
(press release)

Dubai Judicial Institute has announced its joint collaboration with the US Embassy in the UAE to be held under the theme of US Law Week from November 11 to 14, 2012.

Mashreq staff
11:06 GMT
(press release)

Mashreq, announced a strategic partnership with leading retail franchise operator, M.H. Alshaya Co. to offer INSTANT redemption of points at more than 400 Alshaya operated retail outlets across the UAE.

Rice is to be exported from Egypt after a ban is lifted
10:48 GMT

Egypt will resume exporting rice following a four-year ban, Hatem Saleh, Egyptian minister of industry and foreign trade, has announced.

Department of Municipal Affairs
10:31 GMT

The legal affairs at DMA organized a workshop about the contract management.