Economy & Trade
September 11, 2012
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
Lebanon’s balance of payment remained in the red this year as it registered a deficit of $321.7 million in July.
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.
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.
September 6, 2012
The UAE is on the right path to become one of the top performers globally, His Highness Shaikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, tweeted on Wednesday.
Planning and International Cooperation Minister Jafar Hassan on Tuesday signed a $100 million grant agreement with US Ambassador to Jordan Stuart Jones and USAID Mission Director Beth Paige.
September 5, 2012
Ministry of Finance signed yesterday a Memorandum of Understanding with Emirates Facilities Management.
Citi Transactions Services signed a comprehensive Memorandum of Understanding with the Department of Economic Development.
Dubai Exports is facilitating the participation of 30 UAE companies at the country’s dedicated pavilion in KazBuild.
All-Share Index yesterday closed at 1,070.55 points, marking a decrease of 1.82 points below the previous closing.
H.E. Ahmed Bin Humaidan, Director General of Dubai eGovernment, received a delegation from Seiko Epson Corporation as part of an ongoing thrust.
September 4, 2012
A Dubai Chamber of Commerce and Industry-led trade mission will leave tomorrow for Hamburg to participate in the 25th edition of the Shipbuilding, Machinery and Marine Technology SMM 2012 Expo.
Head of Lebanon’s Economic Committee Adnan Kassar reiterated Monday warnings that the economy is at the mercy of political bickering and instability.
“On the economic side, it will be a disaster because the restaurants depend on nargileh for profits,” says spokesman for the group, Abdelrahman Bandakji, who owns the Petit Cafe chain of restaurants.
The United States is weighing a deal with Egypt's new rulers to relieve $1 billion worth of debt.