Economy & Trade
September 23, 2012
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.
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.
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.
September 20, 2012
Trade between Jordan and Iraq fell by 27 per cent during the first 6 months of 2012, when compared to the same period last year, but the neighbours reaffirmed commitments in economic and trade relations.
The financial markers in Egypt are finishing the week down, after gains throughout the week, despite violent protests in central Cairo.
Dubai Chamber of Commerce and Industry’s Centre for Responsible Business, organised a seminar to share with the business community the progress made by the various task groups.
The Tunisian economy is becoming increasingly fragile, warned the Board of Directors of the Tunisian Industry and Handicrafts Union (UTICA), citing recent events and declining confidence from foreign investors.
Bahrain is the most economically free in the MENA region, according to an international think tank, but with continued oppression and state-violence against protestors, is this just an economic useful idiot ?
The oil-rich Saudi Kingdom illustrated it's financial might by supporting post-Arab Spring with financial aid, as other nations in the region also receive substantial packages.
“To develop further, Jordan needs small and medium (SMEs) as well as large enterprises. And they need to be active in all of Jordan, not just in Amman."
The government postponed discussions on imposing additional taxes to fund a wage increase for public sector employees after it reached an agreement on a first basket of taxes.
September 19, 2012
After the violent protests that engulfed the MENA region last week, the USA eased off on commitments to funding in post-Arab Spring democracies, but the European Bank for Reconstruction and Development remains committed and has launched its first invest in emerging Arab democracies.
The Department of Economic Development, DED, in Dubai has announced the launch of the first of its kind ‘Dubai World Conference on Consumer Rights’ and ‘Power Brands’ exhibition.
Lebanon has secured access for apple exports to the Iraqi, Libyan and Egyptian markets, adding that clamping down on pesticide residue and quality packaging were key to opening new markets.
Oman's economy is expected to grow by 5 percent this year, while inflation in the small oil exporter should reach 3 percent in 2012.