Economy & Trade
October 17, 2012
A strike by taxi drivers im Lebanon turned out to be far less disruptive than feared with only around 50 cars gathering in Dora, north of Beirut.
H.H. Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum, launched Dubai eGovernment’s new Government Service Bus (GSB) platform, during the opening of the 32nd GITEX Technology Week 2012.
October 16, 2012
Iran state television is reporting that Ayatollah Ali Khamenei has said that Iran will not give in to "bullying" at the negotiating table with world powers over its disputed nuclear program, despite new economic sanctions from the European Union.
Dubai eGovernment has launched its comprehensive Electronic Service Catalogue as part of its plans to offer more innovative channel-based services, which it regards as key pillars of Dubai eGovernment.
The European Union has introduced new sanctions on Iran, including a general ban on financial transactions, with some exceptions for those involving humanitarian aid, food and medicine purchases and provisions for legitimate trade.
Dubai Chamber of Commerce and Industry has become the first organisation in the Middle East to transform its business processes with the new system.
The Dubai Multi Commodities Centre hosted a seminar at the Dubai Diamond Exchange to further promote industry awareness of synthetic diamonds.
Long-term patients at Dubai’s Rashid Hospital who lack income, family support, or the means to return to their home countries were the focus of the seventh of DP World’s staff-driven community activities.
October 15, 2012
The Nobel Prize for Economics has been awarded to Alvin Roth and Lloyd Shapley for their work on "theory of stable allocations and practice of market design".
Kuwait has offered to fund several key infrastructure development projects in the Bahraini Kingdom, in a deal expected to be worth $273 million.
Dubai eGovernment has recently announced the launch of two new mobile applications to facilitate real-time ePayment services and allow easy access to all services provided by the Government of Dubai.
Dubai Chamber of Commerce and Industry will showcase its e-services at GITEX Technology Week taking place this week at the Dubai International Convention and Exhibition Centre.
Growth in GDP in Abu Dhabi is better than expected, with a current rate at around three percent fuelled by the hydrocarbon sector.
The cost of living in Qatar is on the rise as the Consumer Price Index notched a two per cent year-on-year, reflected by the increased cost of food in the gulf state.
October 14, 2012
Share prices in Saudi Arabia closed down 1.68 percent to an 11-week low yesterday as the market reacted to last week’s lackluster banking results, weak stocks and a dip in energy prices. The fall to 6,682 points leaves the index at its lowest mark since July 25, Reuters reported.