Economy & Trade

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DP World is a global marine terminal operator with around 65 locations across six continents (Image: File)
Global marine terminal operator DP World has reported profit attributable to owners of the company before separately disclosed items of $332 million for the six months to 30 June, 40.8 per cent ahead of the first half of 2013 on a like-for-like basis.

September 20, 2012

Hamad Buamim, Director General, Dubai Chamber
11:41 GMT

Dubai Chamber of Commerce and Industry’s Centre for Responsible Business, organised a seminar to share with the business community the progress made by the various task groups.

The Tunisian economy is facing increased fragility
10:34 GMT

The Tunisian economy is becoming increasingly fragile, warned the Board of Directors of the Tunisian Industry and Handicrafts Union (UTICA), citing recent events and declining confidence from foreign investors.

Bahrain is 'economically' free , but its population isn't
10:00 GMT

Bahrain is the most economically free in the MENA region, according to an international think tank, but with continued oppression and state-violence against protestors, is this just an economic useful idiot ?

The Saudi King and the Egyptian President have met several times since Morsi's election, as the oil-rich Kingdom offers substantial financial aid packages
09:21 GMT

The oil-rich Saudi Kingdom illustrated it's financial might by supporting post-Arab Spring with financial aid, as other nations in the region also receive substantial packages.

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.