Economy & Trade

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Despite finding success in the South American country, Lebanese-Brazilian industrialists interviewed by The Daily Star say doing business in Brazil has its own challenges.
Today
It is a story repeated across Brazil, reportedly home to nearly 7 million people of Lebanese descent.

April 13, 2014

Department of Economic Development
07:25 GMT

Consumers in Dubai see their personal financial situation improving and brighter job prospects on the road ahead as per the latest findings of the quarterly consumer confidence survey.

Israel collects taxes on behalf of the Palestinians, and transfers about $100m per month, accounting for two-thirds of the authority’s budget
03:55 GMT

Israel’s audacity to torpedo international legal instruments, mount blatant attacks on hapless Palestinians and encroach on their territories is nothing but fascism at work.

April 11, 2014

Israel collects about $100 million a month in taxes for the Palestinians. It isn’t clear how much would be withheld or for long it would go on.
16:55 GMT

Erekat spoke a day after an Israeli official said Israel would stop the tax money transfers in retaliation for the Palestinians pushing to sign up for more recognition from international agencies and treaties.

April 10, 2014

In 2013, Dubai trade hit Dh1.392 trillion and was the major contributors to Dubai’s GDP
10:55 GMT

Dubai’s foreign trade is expected to touch Dh4 trillion by hosting Expo 2020, Mahmoud Al Bastaki, CEO of Dubai Trade, said on day two of the Annual Investment Meeting 2014 in Dubai.

During the panel discussion
06:38 GMT

VIP panel of public and private Somali experts gather to share ideas and action to rebuild Somalia.

Mr Ali Al Maqhawi, Director of Airport Operations at Dubai Customs
05:55 GMT

Dubai Customs has announced the formation of a special working team to provide all Customs facilitations to a contingent of more than 16,000 Chinese visitors from Nu Skin company.

April 9, 2014

The GCC was the largest export destination with total export to the region reaching AED15.8 billion, with Saudi Arabia taking 57 percent of the total GCC export
10:55 GMT

Exports from Dubai to Saudi Arabia crossed AED9 billion in March 2014, according to Dubai Chamber figures.

Last year, German exports to the UAE increased by two per cent to more than 10 billion (Dh50.5 billion).
07:55 GMT

Head of the Abu Dhabi Department of Economic Development (ADDED) at the German Federal Foreign Office, Dieter W. Haller, on Tuesday expressed his interest in further developing the positive economic partnership between the UAE and Germany.

He added that the volume of projects that applied to benefit from the Investment  Promotion Law reached JD1.92 billion (around $2.7 billion) in 2013 compared to JD1.61 billion ($2.2 billion) in 2012.
03:55 GMT

In previous remarks to The Jordan Times, Ruoshoud said Jordan's investment inflows rose by 19.5 per cent in 2013 “reflecting investors’ confidence in the Kingdom’s economy and business environment".

According to the report, 80% are concerned with the unemployment level in the country.
03:55 GMT

Around 71% of young Egyptians feel that individuals belonging to their generation are more likely to start a business compared to their older counterparts.

Symantec also highlighted the increasing number of Internet of Things devices targeted last year including routers, baby monitors and security cameras.
00:26 GMT

The number of targeted cyber-attack campaigns increased by 91 per cent in 2013, with each attack lasting three times longer than in 2012, according to an industry report.

April 8, 2014

Israel has already used up its annual $3.1 billion in this year's US military aid, and has committed all the aid through 2018, when the current aid package expires.
15:03 GMT

Minister of Defense Moshe Ya'alon 'fell in love' with the V-22 during a visit to Washington in June 2013 to promote the Osprey deal.

Dubai Customs
05:55 GMT

Dubai Customs takes part in the Dubai Government Achievements Exhibition, where it showcases six projects.

April 7, 2014

Ghassan Oweidat, the first investigative judge of Beirut, ordered the arrest of Abu Hamzeh, the former head of the board of trustees of Safa and one-time Jumblatt aide, after questioning him.
19:10 GMT

The sources said Abu Hamzeh, husband of famed TV presenter Mona Abu Hamzeh, could remain in custody up to two months before his lawyers can get an order for his release on bail.

During the event
09:54 GMT

As part of its initiative to encourage strong export performance among its members, Dubai Chamber of Commerce and Industry honoured four companies as SME Exporters of the Month.