Economy & Trade

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The performance of the Kuwaiti economy as benchmarked by global indexes is not commensurate with its potentials.
July 20, 2014 - 14:10 GMT
Sadly, Kuwait is regarded as the under achiever among Gulf Cooperation Council (GCC) countries by some key business and economy indexes.

September 11, 2012

Iran and China want to strengthen the economic ties between the two nations
12:18 GMT

China and Iran are seeking to increase trade relations, currently estimated at $45 billion, after a meeting between Iranian First Vice-President, Mohammad Reza Rahimi and Chinese Parliament Speaker Vu-Bang Ju.

During the workshop
10:16 GMT

Department of Municipal Affairs organized a workshop titled Reviewing and Categorizing Initiatives in the Municipal System.

Private remittances continued to flow in to Egypt, but capital outflows also increased
08:49 GMT

Egypt's current account deficit surged 30 per cent in the fiscal year that ended in June 30 to $7.9 billion, the central bank said.

H.E. Ahmed Bin Humaidan, Director General of Dubai eGovernment
07:54 GMT
(press release)

Dubai eGovernment Department has announced that it has made intensive preparations for its participation in the 32nd edition of GITEX Technology Week.

Public secotr workersin Lebanon could be in line for a pay rise
06:40 GMT

The Finance Ministry is looking for new revenue streams to fund a wage hike for public sector employees, Economy Minister Nicolas Nahas said Monday.

September 9, 2012

Central Bank of Lebanon (banque du liban).
18:24 GMT

Lebanon’s balance of payment remained in the red this year as it registered a deficit of $321.7 million in July.

The EBRD plans to invest 2.5 billion  euros in the Middle East region
14:05 GMT

European Bank for Reconstruction and Development (EBRD) Vice President Varel Freeman will start this week a several-day visit to Jordan during which he will participate in the EU-Jordan Association Committee meeting.

Dubai Chamber of Commerce and Industry
05:33 GMT

Exports and re-exports of Dubai Chamber of Commerce and Industry members during the first eight months of the year have hit a new record reaching AED 181 billion for the period.

September 6, 2012

His Highness Shaikh Mohammed bin Rashid Al Maktoum.
10:22 GMT

The UAE is on the right path to become one of the top performers globally, His Highness Shaikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, tweeted on Wednesday.

Planning and International Cooperation Minister Jafar Hassan (right) shakes hands with US Ambassador to Jordan Stuart Jones on Tuesday after signing a $100 million grant agreement (Photo courtesy of Ministry of Planning)
06:44 GMT

Planning and International Cooperation Minister Jafar Hassan on Tuesday signed a $100 million grant agreement with US Ambassador to Jordan Stuart Jones and USAID Mission Director Beth Paige.

September 5, 2012

Ministry of Finance Signs an MoU with Emirates Facilities Management
11:57 GMT
(press release)

Ministry of Finance signed yesterday a Memorandum of Understanding with Emirates Facilities Management.

During signing the MoU
11:21 GMT

Citi Transactions Services signed a comprehensive Memorandum of Understanding with the Department of Economic Development.

Visitors to UAE pavilion in Kazakhstan
10:52 GMT

Dubai Exports is facilitating the participation of 30 UAE companies at the country’s dedicated pavilion in KazBuild.

08:37 GMT

All-Share Index yesterday closed at 1,070.55 points, marking a decrease of 1.82 points below the previous closing.

Dubai eGovernment
08:11 GMT
(press release)

H.E. Ahmed Bin Humaidan, Director General of Dubai eGovernment, received a delegation from Seiko Epson Corporation as part of an ongoing thrust.