Economy & Trade
October 29, 2012
Egypt's finance minister Momtaz El-Said has said that some features of the reform programme demanded by fund will be implemented in the current fiscal year, in a move that will please investors but worry campaigners.
October 28, 2012
In a significant move, the Human Rights Council’s special rapporteur, Richard Falk, urged the international community to boycott 13 companies benefiting from business with Israeli settlements, the United Nations has reported.
Egypt’s government has finalised draft legislation placing more punitive penalties on those caught smuggling subsidised Egyptian petroleum products such as diesel, octane and butane, state-run daily newspaper Al-Ahram reported on Saturday
October 25, 2012
As civil war rages in Syria, the government has announced its budget plans for 2013, and is set to increase state spending by four per cent, with plans to increase subsidies and public sector salaries in an attempt seen to try and control the uprising.
To protect itself from the kind of debt crisis that shook Dubai in 2008, Abu Dhabi has issued an official document clarifying ultimate responsibility for new debt issuance by its government-related entities.
The UAE has improved its ranking in the World Bank’s Doing Business 2013 report to 26, up from 33 last year, in news that will please investors, despite the UAEs hubris over claims it is "immune" from global shocks.
Egyptian stocks leapt back into the green on Wednesday in the last trading session before the Eid Al-Adha holiday, encouraged by an impending visit from the International Monetary Fund.
October 24, 2012
Foreign direct investment in Egypt has made a partial recovery following last year's uprising, with inflows hitting $2.5 billion in the first half of 2012, a United Nations report said on Tuesday.
The financial markets in Lebanon remained calm Tuesday and the country’s currency remained relatively stable despite a series of security incidents following Friday’s assassination of Brig. Gen. Wissam al-Hasan.
During the International Code Council Annual Conference the Municipal System delegation presented the Abu Dhabi Government’s efforts to achieve sustainable development in the building and construction sector.
The United Arab Emirates and the Kingdom of Morocco discussed ways to further strengthen their multi-faceted bilateral relations during talks held this evening at Al Mushrif Palace in Abu Dhabi.
October 23, 2012
Jordan and the UK have discussed improving trade and economic relations in a meeting between British Ambassador Peter Millet and Minister of Political Development and Parliamentary Affairs, Bassam Haddadin.
The Emir of Qatar Sheikh Hamad bin Khalifa al-Thani arrived in Gaza today, the first Arab leader to do so since Hamas took office. The Emir wil launch several projects funded by Qatar, designed to rebuild Gaza.
CDA honoured representatives of entities participating in ‘Your Home… Our Home’ initiative, in recognition of their effective cooperation and contribution in renovating and repairing old houses.
Dubai eGovernment’s stand saw a large turnout during the 32nd edition of GITEX Technology Week held between October 14 and 18, 2012.