Economy & Trade

Featured Story:

Affording a home and getting married is still difficult under Sisi for many young men unable to make a living.
January 29, 2015 - 16:35 GMT
Facing grim economic prospects at home, desperate young Egyptians are seeking jobs in Libya, a country sliding into lawlessness.

November 18, 2012

Abdulla Al Shehi, Director of Compliance & Consumer Protection at CCCP Sector
09:57 GMT

Department of Economic Development has confiscated 64,246 counterfeit auto parts, together worth three million dirhams, in the biggest such crackdown of its kind till date.

During the signing
09:45 GMT
(press release)

The Department of Economic Development in Dubai and the Dubai Aviation City Corporation have signed a memorandum of understanding to establish a framework for mutually beneficial cooperation.

During the seminar
09:43 GMT

Dubai Chamber in partnership with the Pearl Initiative aimed at promoting best practices for corporate accountability and transparency, at its head office in Dubai on Wednesday.

Iran has granted Lebanon money for the construction of a water dam
07:34 GMT

Iran granted Lebanon a $40 million cash donation Friday to finance the construction of a water dam in Batroun.

Bomb attacks in Bahrain are aimed at the economy, a lawmaker is claiming
07:16 GMT

The series of attacks Bahrain has been witnessing in the past three days is clearly an attempt to target economy, said a lawmaker.

Ahmed Ibrahim, Director of Business Registration in the Business Registration & Licensing (BRL) sector of DED
06:17 GMT

The Department of Economic Development (DED) in Dubai has merged certain commercial activities with professional ones, including the related permits.

November 15, 2012

Will  Lebanese PM Mikati be able to resist the pressure from striking workers?
09:17 GMT

The Union Coordination Committee put the final touches on the two-day general strike for Nov. 27- 28 in a desperate attempt to force the government of Mikati to endorse the salary scale.

Egypt is sitting pretty and ready for Kuwaiti investment, claims ambassador
08:44 GMT

The Egyptian Ambassador to Kuwait, Abdulkarim Suleiman, has talked up his homeland, in an effort to increase trade between to the to nations.

November 14, 2012

Egypt and the EU have agreed a billion dollar 'support package'
13:28 GMT

The European Union has approved a five billion euro ($6.3 billion) 'support package' to Egypt over a two year period to be disbursed through the EU's finance institutions, the Egyptian presidency announced on Wednesday.

Jordan's Prime Minister has announced a raft of austerity-inducing measures
12:26 GMT

Jordan's Prime Minister, Abdullah Ensour, has announced a raft of controversial policies that will usher in an age of austerity for the Kingdom as it grapples with a deficit but also seeks to please the IMF in a move that has caused widespread protests.

The Islamic Development Bank is to fund new projects in Iran
12:15 GMT

The Islamic Development Bank has allocated €1.27 billion in loans to Iran for implementing a number of wastewater projects, Iranian National Water and Wastewater Company Deputy Director Hossein Bonakdari said on Tuesday

Will the Central Bank of Egypt be able to boost economic growth?
10:54 GMT

Egypt's government will focus on boosting flagging economic growth to 3.5 percent this financial year and 4.5 percent in 2013/14 said Prime Minister Hisham Kandil

During the forum
10:39 GMT

Dubai Chamber of Commerce and Industry inaugurated its first overseas office in the Azerbaijani capital of Baku.

November 13, 2012

Launch of 2 books
12:18 GMT
(press release)

The Community Development Authority has launched two inspiring books by El Kayt members, Zainab Abdulhameed Al Teneiji and Mohammed Rashed Al Ghafli, in cooperation with Kuttab Publishing House.

France is to release $2 billion in frozen Libyan assets
12:17 GMT

As it looks to secure investment from Libya, France says it is ready to start releasing almost $2 billion in frozen assets belonging to Libya's sovereign wealth fund.