Economy & Trade
November 27, 2012
Duabai's economy has performed well in the first half of this year, registering growth of 4.1 per cent, according official data., with foreign trade reaching 11.4 per cent.
A large-scale public sector strike is expected across Lebanon Tuesday organized by the Union Coordination Committee in protest against the government’s delay in finalising a pay hike after a long running dispute.
Jordan trade deficit shot up to JOD6.772 billion in the first 9 months of the current year, up by 19.5 per cent compared with JOD5.583 billion for the same period of 2011, official statistics showed.
November 26, 2012
Dubai’s stocks surged on Sunday in the wake of the spectacular mega city project launch as most share markets across the Middle East went on a retreat spearheaded by a tailspin in Egyptian shares, as Saudi has its worst single day since January
The Department of Economic Development in Dubai will host the 41st UAE National Day celebrations on November 29, 2012.
November 25, 2012
Egypt’s stocks have plunged on the first trading day of the week following President Morsi's controversial Constitutional Declaration on Thursday.
The Algerian government is resolutely committed to establishing a genuine "growth pact" with both public and private enterprises as it seeks to boost economic growth.
Dubai Exports will host an Exporters Forum on 28 November 2012.
In what could be a worrying sign for the IMF, Egypt’s total deficit rose by 3.9 per cent in the third quarter of 2012 (July-October) compared to the same quarter last year, the latest bulletin published by the Egyptian Ministry of Finance reports.
The private sector made up nearly a third of Abu Dhabi’s overall gross domestic product of Dh691 billion last year, according to Mohammad Thani Murshed Al Rumaithi, chairman of the Abu Dhabi Chamber of Commerce and Industry.
After David Cameron's arms-dealing trip across the Middle East, nine members of the British Parliament have arrived in the United Arab Emirates on a four-day visit to try and talk up trade partnerships.
November 22, 2012
Among the Arab Spring countries, Syria has the greatest potential in terms of investment and the UAE National companies are still interested to have businesses in Syria, according to the Minister for the Economy.
Egypt stocks soared during Wednesday trading as the success of the government in reaching agreement with the International Monetary Fund on a $4.8 loan Tuesday positively affected investors' behaviour.
November 21, 2012
Egypt came sixth in the list of developing countries that receive remittances according to a World Bank and Development brief released on Wednesday, with an estimated $18 billion in migrant transfers.
Gulf states are looking at ways to help Jordan’s ailing economy after a decision to cut fuel subsidies sent energy prices soaring and led to street protests.