Economy & Trade

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The King described the future vision entailed in the 10-year economic plan as “the most important strategic initiative for the future of Jordan and Jordanians
His Majesty King Abdullah on Tuesday stressed his full support to all the committees entrusted with preparing a future vision of the national economy, coupled with an executive plan, urging them to place the interests of Jordanians at the core of their work.

September 27, 2012

Despite continuing protests in the Kingdom, Bahrain is attempting economic reform
10:51 GMT

Bahrain’s HRH Prime Minister Prince Khalifa bin Salman Al Khalifa directed all ministries and government departments to develop a comprehensive plan to set up major economic and development projects.

During the ceremony
10:03 GMT

Nine major Dubai-based organisations were presented the Dubai Chamber CSR Label during a ceremony held at the Dubai Chamber of Commerce and Industry premises on Wednesday.

Qatar and Jordan have signed an agreement to hammer out a GCC deal
09:09 GMT

Jordan and Qatar on Wednesday signed a framework memo to regulate the disbursement of the Gulf country’s $1.25 billion grant to the Kingdom and discussed projects suggested to be funded under the donation.

Mursi is due to visit the UAE and will  discuss trade and investment
08:39 GMT

Egyptian President Mohammed Mursi will visit the UAE within weeks. The President, fresh from his speech at the UN General Assembly, will discuss UAE investment and the economic situation in Egypt.

Tariq Al Gurg, CEO of Dubai Cares
07:35 GMT
(press release)

Dubai Cares has been selected to join “Education First”, a global initiative by United Nations Secretary General Ban Ki-Moon to ensure quality, relevant and transformative education for everyone.

Can the Egyptian government regain control of the economy?
00:08 GMT

Reuters are predicting that Egypt is unlikely to meet its growth target of four per cent, as the new Morsi-lead government is putting the final touches to an economic reform programme that it hopes will please the IMF, enabling a financing package of the so-called 'Bretton Woods' institution.

September 26, 2012

The economy improves, but will Bahrain keep a tight rein on protests?
10:08 GMT

Bahrain's economy signalled that is is improving, with GDP expected to grow at 4-5 per cent in 2012. Human rights abuses remain in the Kingdom however, and the pivotal trade unions could become vocal again.

Money's too tight to mention: Ben Ali had a hidden wealth of $13 billion
09:20 GMT

Tunisia's ousted former president, Zine El Abidine Ben Ali, had assets totalling more than $13billion, a government commission has found, although more assets are could be uncovered.

HE Jamal Majid Bin Thaniah, Chairman, Dubai Trade signs the MoU with Major General Ahmed Mohammed Al-Marri
09:10 GMT

Dubai Trade has signed a memorandum of understanding with the General Directorate of Residency and Foreigners Affairs.

Can the Arab Monetary Fund loan get the Tunisian economy back on track?
08:30 GMT

The Central Bank of Tunisia has signed agreements with the Arab Monetary Fund securing loans totalling $180 million dollars, with hope of shoring up the Balance of Payments deficit.

Major donors fear unrest if Morocco doesn't deal with the cost of living
07:46 GMT

Morocco is to be granted 1.64 billion dirhams ($190 million) in a financial package by the Arab Monetary Fund.

September 25, 2012

More Dinars for the Kingdom: Jordan's tax revenues set to rise
12:20 GMT

Jordan's tax revenue is set to rise again this year, according to an unnamed source. The Kingdom is likely to receive JD3 billion, up from JD2.764 billion in 2012.

During the roundtable
11:32 GMT

The Dubai Chamber of Commerce and Industry hosted the 3rd quarterly roundtable meeting of the year, which was attended by representatives of Dubai’s Business Councils and Business Groups.

During the meeting
10:59 GMT

Jebel Ali UAE Region will install state of the art technology to run its new mega container terminal currently under development, as part of plans to expand container handling capacity at the port to 19 million TEU.

The Tunisian economy remains at "very high risk", according to Standard and Poor's
10:04 GMT

S&P ranks Tunisia in the Banking Industry Country Risk Assessment (BICRA) group “8” in both of its two mainareas of analysis—economic risk and industry risk.