Economy & Trade

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The overall OPEC share of total global production in 2013 averaged at 43.4 percent, slightly lower than in 2012, when it was 44.6 percent
July 24, 2014 - 10:22 GMT
OPEC member countries exported 4.5 mb/d of petroleum products in 2013, with the largest share devoted to Asian and Pacific countries (3.1 mb/d or 68.5 percent)

September 20, 2012

Falko Walde, FNF, Ralf Erbel, FNF, HE Yarub Qudah, JEDCO, Lina Hundaileh, YEA, Ahmad Asfour, YEA
08:38 GMT

“To develop further, Jordan needs small and medium (SMEs) as well as large enterprises. And they need to be active in all of Jordan, not just in Amman."

Lebanon cools on the plan to increase taxes to give public-sector workers a pay rise
08:23 GMT

The government postponed discussions on imposing additional taxes to fund a wage increase for public sector employees after it reached an agreement on a first basket of taxes.

September 19, 2012

After the Arab Spring, the EBRD remains committed to funding the emerging economies, despite the USA's recent reluctance
13:19 GMT

After the violent protests that engulfed the MENA region last week, the USA eased off on commitments to funding in post-Arab Spring democracies, but the European Bank for Reconstruction and Development remains committed and has launched its first invest in emerging Arab democracies.

During the event
11:12 GMT

The Department of Economic Development, DED, in Dubai has announced the launch of the first of its kind ‘Dubai World Conference on Consumer Rights’ and ‘Power Brands’ exhibition.

Lebanon to open up more markets for agricultural exports
11:09 GMT

Lebanon has secured access for apple exports to the Iraqi, Libyan and Egyptian markets, adding that clamping down on pesticide residue and quality packaging were key to opening new markets.

Oman's economy continues to grow
08:00 GMT

Oman's economy is expected to grow by 5 percent this year, while inflation in the small oil exporter should reach 3 percent in 2012.

Oman listed in the top 20 of economic free nations, according to new report
05:21 GMT

Oman has been ranked among the top 20 most economically free countries in world, according to the 2012 Economic Freedom of the World Report released on Tuesday by the Fraser Institute, a leading Canadian public policy think-tank.

During the meeting
05:21 GMT

DP World signed agreements with local and international companies for the supply of 19 Ship To Shore quay cranes and 50 Rail Mounted Gantry cranes for its 4 million TEU capacity Terminal 3 development.

September 18, 2012

Key talks that could secure the Egyptian economy $1billion in aid have broken down over the 'half-hearted' response to protests at the US embassy
14:53 GMT

Egyptian-American talks about a proposed $1 billion in economic relief have been frozen as a result of Egypt's half-hearted response to the attacks on US embassy in Cairo last week.

Omani Free Zone's exports increasing
12:27 GMT

The total value of exports from Al Mazunah Free Zone exceeded $11 million during the first half of the current calendar, with September seeing significant export movement to Yemen

Jordan's exports to GAFTA have decreased, owing to the value of exports
12:01 GMT

Jordan's national exports for the Great Arab Free Trade Area (GAFTA) have dropped by 6 percent during the first 7 months of this year affected by the value of exports to Iraq, Syria and Lebanon, official figures showed.

Al Nasar Dubai Muncipality
11:27 GMT
(press release)

The Community Development Authority has launched a two-week awareness campaign under the theme Without humanity there can be no humankind, from 17th - 30th September 2012.

Mohammed Bushanain, Executive Director, Corporate Quality & Management Excellence and the Business Excellence Department of DED
11:12 GMT

The Business Excellence Department at the Dubai Department of Economic Development, DED, has developed an online solution to improve the speed and efficiency of the Mystery Shopper programme.

During the meeting
08:45 GMT

To improve the skills of the municipal system employees, the directors of the training departments held the closing session of meetings for the Unification of procedures and policies of the training departments.

Tourism is helping to revive the Tunisian economy, but reform is needed, says World Bank
08:43 GMT

The Tunisian economy has recently posted improved indicators in several areas of the economy, although the World Bank has suggested that the situation could be better if reforms are carried out