Economy & Trade
July 10, 2012
A total of four initial public offerings (IPOs) raised more than $1 billion on the GCC stock exchanges during the second quarter of this year compared to three IPOs which raised $340 million in the same period last year, a report said.
Various parts of Sudan’s capital Khartoum and other regional towns are beginning to witness shortages of bread coupled with exorbitant price increases, in the latest manifestation of a growing economic crisis.
The Transport Services and Taxi Owners Union on Sunday urged the government to give taxis and service taxis gasoline to compensate for a recent rise in fuel prices, after authorities said they would not raise fares.
July 9, 2012
A new Sharia-compliant index has been launched by ratings agency Standard and Poor's (S&P) in partnership with the Organisation of Islamic Co-operation (OIC).
July 8, 2012
Dubai Silicon Oasis Authority (DSOA) in conjunction with Optimus Technology and Telecommunications announced the inaugural Silicon Oasis TechForum networking event.
The planned mega Economic Industrial City in Bahrain is expected to bolster Bahrain's Gross Domestic Product (GDP) 20 per cent annually and create about 240,000 jobs.
A Dubai traders’ outlook survey for 2012 conducted by Dubai Chamber of Commerce and Industry pointed to an increase in the overall performance of the trading sector in comparison to the year 2011.
A delegation from Dubai Supreme Council of Energy paid a visit to Dubai eGovernment Department headquartered in HH Dubai Ruler’s Court to share strategic experiences.
July 5, 2012
Despite the lack of unrest, the Kingdom is still struggling with rising unemployment.
The regional boss of business title Fortune reckons that while the Arab world may be producing highly talented executives, when it comes to creative thinking, it’s still a small fish in a big pond.
July 4, 2012
Dubai Customs organized a three days training course about CITES the Convention on International Trade in Endangered Species of Wild Fauna and Flora.
The Dubai Chamber of Commerce and Industry’s Centre for Responsible Business-published second newsletter of the year, CSR Al Youm, celebrates the World Environment Day.
Dubai Exports, the export promotion agency of the Department of Economic Development - Government of Dubai, will lead a multi-sector trade mission to the Central Asian republic of Kazakhstan this year.
Dubai Silicon Oasis (DSO) launched phase III of its Light Industrial Units (LIU) with a ground breaking ceremony that paved the way for construction works of the AED32.44 million project.
July 3, 2012
The Higher Management Committee of the municipal system had settled 528 employees issues in the municipal system of which 92 of them in Abu Dhabi Municipality and 436 employees in Al Ain.