Economy & Trade
September 20, 2012
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 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 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 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.
“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."
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 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.
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 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 is expected to grow by 5 percent this year, while inflation in the small oil exporter should reach 3 percent in 2012.
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.
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
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.
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 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.