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 12, 2012

During the visit
11:00 GMT

A delegation from the Municipal System in Abu Dhabi discussed with officials in the Ministry of Land, Transport and Maritime Affairs ways of enhancing relations and cooperation in infrastructure projects.

Dubai Chamber Centre for Responsible Business
10:45 GMT

917 employee volunteers put in 4,300 hours of community work, reveals ENGAGE Dubai’s annual report.

Better trade logistics could save Lebanon $1Billion
08:49 GMT

The cost of trade in Lebanon could be cut drastically by 6 per cent, if the country endorses a program that improves logistics, with savings up to $1billion.

During the meeting
08:28 GMT
(press release)

Dubai Government’s Information Security Committee has recently held its second meeting to discuss information security policy in Dubai Government.

Dubai Customs
08:07 GMT

Dubai Customs has announced the launch of an online open contest, entitled “Nema”, for everyone to share their proposals and contributions in the field of Corporate Social Responsibility.

Workers in state-owned companies went on strike to protest about being excluded from pay increases
06:55 GMT

Employees of several state-owned companies went on strike Tuesday to protest their exclusion from the recently endorsed salary scale.

September 11, 2012

Protestors burned effigies of Prime Minister Salam Fayyad
13:52 GMT

Prostest in Palestine continued for the sixth day as the Palestinian Authority sought to regain control by reducing the cost of fuel, reducing VAT and paying civil servants who remain unpaid from August.

Iran and China want to strengthen the economic ties between the two nations
12:18 GMT

China and Iran are seeking to increase trade relations, currently estimated at $45 billion, after a meeting between Iranian First Vice-President, Mohammad Reza Rahimi and Chinese Parliament Speaker Vu-Bang Ju.

During the workshop
10:16 GMT

Department of Municipal Affairs organized a workshop titled Reviewing and Categorizing Initiatives in the Municipal System.

Private remittances continued to flow in to Egypt, but capital outflows also increased
08:49 GMT

Egypt's current account deficit surged 30 per cent in the fiscal year that ended in June 30 to $7.9 billion, the central bank said.

H.E. Ahmed Bin Humaidan, Director General of Dubai eGovernment
07:54 GMT
(press release)

Dubai eGovernment Department has announced that it has made intensive preparations for its participation in the 32nd edition of GITEX Technology Week.

Public secotr workersin Lebanon could be in line for a pay rise
06:40 GMT

The Finance Ministry is looking for new revenue streams to fund a wage hike for public sector employees, Economy Minister Nicolas Nahas said Monday.

September 9, 2012

Central Bank of Lebanon (banque du liban).
18:24 GMT

Lebanon’s balance of payment remained in the red this year as it registered a deficit of $321.7 million in July.

The EBRD plans to invest 2.5 billion  euros in the Middle East region
14:05 GMT

European Bank for Reconstruction and Development (EBRD) Vice President Varel Freeman will start this week a several-day visit to Jordan during which he will participate in the EU-Jordan Association Committee meeting.

Dubai Chamber of Commerce and Industry
05:33 GMT

Exports and re-exports of Dubai Chamber of Commerce and Industry members during the first eight months of the year have hit a new record reaching AED 181 billion for the period.