Economy & Trade

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In their efforts to satisfy their individualistic desires, Egyptians are happy to achieve the tiniest self-realisation at the cost of the country’s welfare.
Today
In principle, every citizen deserves a better life; why should people suffer if their lives can be improved?

July 10, 2012

Dirhams
14:03 GMT

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.

Bread shortages hit Sudan as president annuls decision to lift wheat subsidies
12:06 GMT

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.

Taxi drivers say their operating costs have gone up by more than JD3 a day since the government raised gas prices last month
08:11 GMT

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

Standard and Poor's
13:51 GMT

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

Ghanim Al Falasi, DSOA and Meera Kaul, Optimus
13:14 GMT
(press release)

Dubai Silicon Oasis Authority (DSOA) in conjunction with Optimus Technology and Telecommunications announced the inaugural Silicon Oasis TechForum networking event.

Dr. Hassan Fakhro
10:44 GMT

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.

Dubai Chamber of Commerce and Industry
09:45 GMT

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.

During the visit
05:54 GMT
(press release)

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

Make tea not war: Jordanian protestors not quite in the Egyptian vein
09:31 GMT

Despite the lack of unrest, the Kingdom is still struggling with rising unemployment.

Iraqi ballot boxes: one way to change the system
08:42 GMT

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

Animal Welfare
12:32 GMT

Dubai Customs organized a three days training course about CITES the Convention on International Trade in Endangered Species of Wild Fauna and Flora.

CSR Al Youm
11:11 GMT

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.

During the meeting
10:11 GMT

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.

During the launching of phase III of Light Industrial Units
05:50 GMT
(press release)

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

During the meeting
09:33 GMT

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.