Economy & Trade
August 2, 2012
Smartworld has appointed Ahmad AlAnsari as the new Chairman of Smartworld.
August 1, 2012
Revenue from Egypt’s Suez Canal rose 3.6 per cent in the financial year 2011/2012, ended 30 June, from a year earlier to $5.2 billion, the Suez Canal Authority said.
The International Monetary Fund has reached a $2 billion loan agreement with Jordan, where the economy has been slowed by higher oil prices and uncertainty in the aftermath of the region’s Arab Spring protests.
Overall consumer confidence in Dubai remained robust during the second quarter of 2012, driven largely by a positive outlook on personal finance and strong optimism on job prospects.
The online payment services provided by Dubai eGovernment Department are experiencing increasing demand by the public with over AED 2 billion collected in the first half of 2012.
DP World updates the market on volume throughput for the first half of 2012.
July 31, 2012
Jordan and Morocco’s longstanding ties can be a role model for pan-Arab relations, Moroccan Ambassador in Jordan Hassan Abdul Haq said on Sunday.
The DED has instructed that all online portals registered under the .ae domain should display the consumer complaints helpline number of DED when they offer any goods or services for purchase online.
July 30, 2012
South Sudan and Israel signed, in the latter’s capital Tel Aviv this week, their first economic cooperation agreement which focuses on development of technology and water infrastructure.
The Dubai DED issued 1,298 new trade licenses during June 2012, indicating a growing interest in commercial and professional activities among businessmen and investors in Dubai.
July 29, 2012
With Qatar pushing forward on a number of headlining investment moves over the past month it is not surprising that bilateral trade between China and Qatar is rising.
Saudi Arabian stocks advanced the most in almost four weeks on speculation governments and central banks will take steps to contain the euro-region debt crisis and stoke economic growth.
Dubai Chamber has joined hands with the Liwan Culture and Arts Centre to offer a month-long free Arabic course for its non-Arabic speaking staff members.
The 2nd Ras Al Khaimah Free Trade Zone (RAK FTZ) Ramadan Volleyball Tournament opened strong this year for the second year running.
The Department of Economic Development has announced a ‘Ramadan Awareness Tent’ campaign for the month of Ramadan and a ‘Mobile Vehicle’ campaign to be launched during the last quarter of 2012.