Economy & Trade
October 16, 2012
Dubai Chamber of Commerce and Industry has become the first organisation in the Middle East to transform its business processes with the new system.
The Dubai Multi Commodities Centre hosted a seminar at the Dubai Diamond Exchange to further promote industry awareness of synthetic diamonds.
Long-term patients at Dubai’s Rashid Hospital who lack income, family support, or the means to return to their home countries were the focus of the seventh of DP World’s staff-driven community activities.
October 15, 2012
The Nobel Prize for Economics has been awarded to Alvin Roth and Lloyd Shapley for their work on "theory of stable allocations and practice of market design".
Kuwait has offered to fund several key infrastructure development projects in the Bahraini Kingdom, in a deal expected to be worth $273 million.
Dubai eGovernment has recently announced the launch of two new mobile applications to facilitate real-time ePayment services and allow easy access to all services provided by the Government of Dubai.
Dubai Chamber of Commerce and Industry will showcase its e-services at GITEX Technology Week taking place this week at the Dubai International Convention and Exhibition Centre.
Growth in GDP in Abu Dhabi is better than expected, with a current rate at around three percent fuelled by the hydrocarbon sector.
The cost of living in Qatar is on the rise as the Consumer Price Index notched a two per cent year-on-year, reflected by the increased cost of food in the gulf state.
October 14, 2012
Share prices in Saudi Arabia closed down 1.68 percent to an 11-week low yesterday as the market reacted to last week’s lackluster banking results, weak stocks and a dip in energy prices. The fall to 6,682 points leaves the index at its lowest mark since July 25, Reuters reported.
Iran is increasing non-oil exports in an effort to deal with a currency crisis and the effects of sanctions imposed because of its alleged nuclear ambitions. The Deputy head of Iran's Trade Promotion Organisation has said that that the sanctions "provide a special opportunity"
The World Bank has offered technical and advisory support at both the local and central government levels, it has been announced.
Dubai Chamber of Commerce and Industry hosted a delegation led by the Council of Saudi Chambers at its head office recently.
Trade between the United Arab Emirate and Japan has increased 15 per ent year on year, in the first six months of this year, new figures show.
The Community Development Authority (CDA) in Dubai is participating in GITEX 2012, the premier technology exhibition and conference in the Middle East, under the Dubai e-Government umbrella.