Economy & Trade
October 7, 2012
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.
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"
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.
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 has taken measures to increase liquidity in the banking sector as inflationary pressures remain.
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.
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 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.
The Egyptian stock exchange regained some ground, after positive news from the CEntral Bank of Egypt and the US government.
October 3, 2012
The Lebanese economy is financially solid, despite concerns over the conflict in Syria, according to HSBC.
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.
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, 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.
Egypt will resume exporting rice following a four-year ban, Hatem Saleh, Egyptian minister of industry and foreign trade, has announced.
The legal affairs at DMA organized a workshop about the contract management.