Economy & Trade

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To finance the 2015 budget, the government will need a total of 8 billion dinars ($4.5 billion) of which 5 billion dinars will come from foreign sources.
October 14, 2014 - 14:46 GMT
His comments underlined the obstacles still faced by many economies in the region three years after the Arab Spring.

September 25, 2012

More Dinars for the Kingdom: Jordan's tax revenues set to rise
12:20 GMT

Jordan's tax revenue is set to rise again this year, according to an unnamed source. The Kingdom is likely to receive JD3 billion, up from JD2.764 billion in 2012.

During the roundtable
11:32 GMT

The Dubai Chamber of Commerce and Industry hosted the 3rd quarterly roundtable meeting of the year, which was attended by representatives of Dubai’s Business Councils and Business Groups.

During the meeting
10:59 GMT

Jebel Ali UAE Region will install state of the art technology to run its new mega container terminal currently under development, as part of plans to expand container handling capacity at the port to 19 million TEU.

The Tunisian economy remains at "very high risk", according to Standard and Poor's
10:04 GMT

S&P ranks Tunisia in the Banking Industry Country Risk Assessment (BICRA) group “8” in both of its two mainareas of analysis—economic risk and industry risk.

Sultan Bin Sulayem, Chairman of Ports, Customs and Free Zone, at the meeting
09:46 GMT

Sultan Bin Sulayem meets with Auto Parts Traders

Lebanon's public debt increased marginally on 2012 figures
09:43 GMT

The gross public debt reached $55.4 billion at the end of July 2012, constituting a mere increase of 3.3 percent from the end of 201, public debt still remains at 134.3 per cent of GDP, however.

Is crucial deal between the IMF and Egypt off the table?
08:00 GMT

Egypt denied on Monday that a $4.8 billion loan requested from the International Monetary Fund would be put to a yet-to-be-elected parliament for approval, a move that could have delayed the dispersal of funds.

September 24, 2012

Citing the need to support the Gazan economy, Hamas bans the import of fruit from  Israel
14:41 GMT

The Hamas government has barred much of Gaza's fruit imports from Israel, citing a need to cultivate local Palestinian agriculture.

The Saudi economy grew again in the first quarter of 2012, posting an impressive sixteen per cent rise in GDP in the first quarter
12:49 GMT

Saudi Arabia's Gross Domestic Product grew by sixteen per cent, in the first quater of 2012, according to newly released figures.

Aqaba Container Terminal
10:40 GMT
(press release)

Aqaba Container Terminal held a roundtable event, during which it shared its latest developments regarding the berth expansion project, post Eid operations, and its strategic future plans.

During the event
10:34 GMT

DED in Dubai and MBRF have signed a MoU to launch programmes, initiatives and scientific awareness material on consumer protection for educators and professionals in the knowledge sector.

The Egyptian economy is starting to pick up after the Arab Spring
00:08 GMT

International rating agencies have removed Egypt from their monitoring list in a clear sign that the economy is starting to improve after the Arab Spring.

September 23, 2012

The Lebanese economy struggles against a backdrop of the Syrian conflict and the Eurozone crisis
14:23 GMT

The Lebanese economy is still facing difficulties, ranging from an overspil of the Syrian conflict, through to exposure to the continuing Eurozone crisis, as the population are struggles and relies on remittences from relatives abroad.

Sami Al Qamzi, Director General, DED
06:15 GMT

The Department of Economic Development in Dubai and its agencies Dubai Exports, Dubai SME, Dubai Events and Promotions Establishment and Dubai FDI have fully automated their corporate strategy management processes.

Director General with winners
05:34 GMT

H.E. Hamad Buamim, Director General of Dubai Chamber of Commerce and Industry, outlined the non-profit organisation’s focus for the rest of this year.