Economy & Trade
September 18, 2012
The Cabinet agreed Monday to slap taxes on profits from real estate, lottery wins and investment licenses to partially fund the new salary scale.
September 17, 2012
The beginning of the new academic year in Egypt was disrupted by strikes by two different sets of workers. Workers with the Cairo Transportation authority and the education sector employees took industrial action over pay and administrative reform.
Lebanon will enter recession in the third quarter of this year, if analysts are proved correct. Citing the Syrian conflict for a stagnating economy, the Institute of International Finance says that the economy is likely to contract by a further 0.5% in the third quarter, after a 0.3% contraction in the second.
September 16, 2012
The Dubai Chamber of Commerce and Industry, in association with the Singapore Mediation Centre, organised a seminar entitled "Mediation: An Effective Tool for Settling Commercial Disputes".
Saudi's leading indicator purchasing manager's index (PMI) which measures manufacturing and services sectors' performance rose to 58.3 points in August 2012 from 58.1 points in July 2012.
September 13, 2012
The Dubai Chamber of Commerce and Industry, in association with the Hong Kong Trade Development Council and support of HSBC, organised a seminar entitled, “Hong Kong – Your Gateway to China”.
The Lebanese Prime Minister, Najib Mikati, will suggest that planned pay increases for senior officials will be reconsidered after a series of protests, including strikes by government-baked industries.
The Dubai Gold & Commodities Exchange announced the signing of a Memorandum of Understanding with Dalian Commodity Exchange, the first MoU that DCE has signed with an Exchange in the Middle East.
Saudi Arabia's annual inflation eased to 3.8 percent in August, its lowest level since October 2009, although the monthly increase was the fastest in 10 months
ACT launched its “Ekfal Taleb” Campaign, taking yet another step forward in its strive to support members of its local community and especially less fortunate families facing financial challenges.
September 12, 2012
A delegation from the Municipal System in Abu Dhabi discussed with officials in the Ministry of Land, Transport and Maritime Affairs ways of enhancing relations and cooperation in infrastructure projects.
917 employee volunteers put in 4,300 hours of community work, reveals ENGAGE Dubai’s annual report.
The cost of trade in Lebanon could be cut drastically by 6 per cent, if the country endorses a program that improves logistics, with savings up to $1billion.
Dubai Government’s Information Security Committee has recently held its second meeting to discuss information security policy in Dubai Government.
Dubai Customs has announced the launch of an online open contest, entitled “Nema”, for everyone to share their proposals and contributions in the field of Corporate Social Responsibility.