Economy & Trade

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According to the survey, 15 percent of the Turkish population lived under the poverty line in 2013, while 13 percent was considered “continuously poor.”
September 22, 2014 - 20:06 GMT
Of the total population, 78.5 percent reported not being able to take a one-week vacation away from home due to financial constraints.

August 22, 2012

There are a number of opportunities in Bahrain and, through Bahrain, to the wider GCC
12:08 GMT

Bahrain is looking to become a gateway "to the wider GCC that is currently estimated to have a combined gross domestic product of $1 trillion".

Iraq remained the fastest growing market with exports and re-exports to the country increasing from only AED 4.1 billion from January to June of 2011 to a high of AED 19.4 billion for the same period in 2012, the report said
10:54 GMT

Saudi Arabia remains the largest export and re-export market for Dubai in the first half of the current year, capturing 27 percent of the market totaling AED 36.3 billion.

Everyone was waiting for the summer season to reactivate the economy
08:49 GMT

Lebanon’s economy has suffered a severe blow due to the unrest sweeping the country, president of the Chamber of Commerce, Agriculture and Industry Mohammad Choucair said Tuesday.

August 21, 2012

Tunisia has achieved remarkable results in term of production of wheat.
09:57 GMT

Global financial lenders are advising countries to prepare for the possibility of higher food bills in the coming months.

Iraqi PM Nouri Al Maliki and Iranian president Ahmadinejad
09:05 GMT

A report in Sunday’s New York Times says Iraq has been using a network of financial institutions and oil smuggling operations to help Iran skirt economic sanctions imposed because of its nuclear programme.

August 20, 2012

Jordanian Industry and Trade Minister Shabib Ammari
11:07 GMT

The government has endorsed a draft investment law and refered it to the Legislation and Opinion Bureau, Industry and Trade Minister Shabib Ammari said on Wednesday night.

August 17, 2012

Bahrain stock exchange
01:04 GMT

The Bahrain All-Share Index yesterday closed 0.3 per cent higher to 1,080 points.

August 15, 2012

Stock market
14:10 GMT

The Dubai Financial Market (DFM) index consolidated in the positive territory on Tuesday, building on the gains from Monday, buoyed by the positive sentiments on the European markets.

Dubai Cares Tree of Light
10:50 GMT
(press release)

Tree of Light, an in-mall activity at The Dubai Mall, received tremendous response from mall visitors, according to Dubai Cares.

August 14, 2012

Jordanian flag
14:08 GMT

The UAE is exploring investment opportunities in Jordan in areas of water, renewable energy, tourism, health, public works, education and other development projects, Minister of Economy Sultan Bin Saeed Al Mansouri, said.

MoF Organises Charitable Activities during the Holy Month
12:21 GMT
(press release)

The Ministry of Finance organised a number of charitable activities throughout Ramadan at its Abu Dhabi and Dubai offices.

Sami Al Qamzi, Director General of the Department of Economic Development
11:27 GMT

Stronger optimism among exporters, manufacturers and a number of retailers gearing for busier days ahead are the highlights of the latest quarterly business survey conducted by the Department of Economic Development.

August 13, 2012

Smuggling tunnel
13:13 GMT

The tunnels used to smuggle goods and people between Gaza and Egypt are partially back to work, amid attempts by the Egyptian military to shut them down

Kom Kom Geng, the chair of the Public Accounts Committee
09:26 GMT

The Public Accounts Committee (PAC) in the National Legislative Assembly (NLA) will effective Monday begin the long-awaited public hearing on the Auditor General’s 2007/2008 report, which unearthed massive financial mismanagement in the country.

August 12, 2012

During the campaign
10:49 GMT
(press release)

Aqaba Container Terminal, the world’s gateway to Jordan and beyond, recently launched the second phase of its Ahl Al Khair (People of Charity) initiative.