Economy & Trade

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Talks are due to take place after Egypt's upcoming elections (File/AFP)
Today
Relations with the IMF soured when Egypt suspended negotiations over a loan worth billions in 2013, but this may improve with upcoming discussions.

May 6, 2012

Wesam Lootah, Assistant Director General of Dubai eGovernment
05:40 GMT
(press release)

Dubai eGovernment has announced new features and updates that it has recently added to its mPay mobile payment gateway using SMS.

May 3, 2012

During the meeting
11:06 GMT

The Dubai Chamber of Commerce and Industry hosted H.E. Temir Sariev and his delegation seeking ways to strengthen economic relations with their country, at the Chamber head office on Thursday.

The agreement that would include phasing out customs and fees on imports and exports between the two countries
11:05 GMT

Lebanon and Iran are mulling a free trade area, welcoming the step as a boost to bilateral trade between the two countries.

Community Development Authority
10:02 GMT
(press release)

The Elkayt programme, an initiative of the CDA organised a series of workshops to reach out to private companies, clubs and universities in an effort to raise awareness about the programme.

Non-oil GDP growth is expected to rise in all GCC countries
08:45 GMT

The short to medium term economic outlook of the GCC countries is positive due to strong external balances and rising oil prices, the International Monetary Fund (IMF) said yesterday.

Straddle carriers
06:39 GMT

DP World announced today (May 3) a significant boost to DP World Melbourne‘s capabilities with the first eight of 16 new energy-efficient straddle carriers starting operations.

May 2, 2012

H.E. Hamad Buamim with Mayor of Montereal
11:20 GMT

H.E. Rustam Minnikhanov, President of Tatarstan, met H.E. Abdul Rahman Saif Al Ghurair, Chairman, Dubai Chamber of Commerce and Industry, on the sidelines of the Annual Investment Meeting.

May 1, 2012

Total loans to businesses increased by 1pc to BD4,229.5m (BD4bn) at end-March 2012
11:40 GMT

The total domestic credit in the Kingdom of Bahrain has grown by a robust 15.9 per cent as on end-March 2012 when compared with end-March 2011 levels.

91 million Tramadol tablets foiled by Dubai Customs
11:29 GMT

Dubai Customs, successfully foiled an attempt to smuggle 91 million Tramadol tablets, with total value estimated at AED 1billion.

Engineer Saed Al Awadi, CEO of Dubai Exports
11:03 GMT

His Excellency Juma Rashid Saif Al Dhaheri, UAE Ambassador to Qatar, recently inaugurated the UAE pavilion in Project Qatar 2012.

H.E. Abdul Rahman Saif Al Ghurair, Chairman, DC with H.E. Zafer Caglayan, Turkey's Minister of Economy during the meeting
10:22 GMT

H.E. Abdul Rahman Saif Al Ghurair explored ways of enhancing economic cooperation with H.E. Zafer Caglayan during their meeting held at Murooj Rotana Hotel on Monday.

During the meeting
10:10 GMT

In a meeting held at the Department of Municipal Affairs the gradual receiving committee of Mosque support system in Abu Dhabi Emirate discussed the Mosques development regulations.

H.E. Sheikh Abdulaziz bin Ali Al Nuaimi during the workshops with children
10:05 GMT
(press release)

Abu Dhabi Airports Company (ADAC) launched a green initiative specifically designed for children with special needs to give them the opportunity to express their thoughts and experiences.

Eng. Mahmood Al Bastaki, CEO, Dubai Trade
06:53 GMT

The time-saving efficiency of e-services developed by Dubai Trade FZE, the leading trade facilitator under Dubai World, is leading to billions of dollars in annual savings for the public sector.

Dubai Customs
05:36 GMT

It has been decided that all customs fees on materials and apparatuses related to people of special needs be waived at the level of GCC countries.