Economy & Trade
September 2, 2012
Activity posted by Small Medium Enterprises in the Middle East region continues to remain strong and vibrant amidst the impact left behind by the recent economic gridlock.
August 30, 2012
Saudi Arabia and Egypt are going ahead with the proposed $ 3 billion causeway project that will boost economic and social relations between the two countries, said Egyptian Transport Minister Mohamed Rashad Al-Mateny.
The Dubai Chamber of Commerce and Industry finalised its preparations for the outgoing trade mission to Hamburg to participate in the 25th edition of the Shipbuilding.
President of the Jordan Businessmen Association (JBA) Hamdi Tabaa on Wednesday discussed with Commercial Attache at the Egyptian Embassy in Amman Mohammad Abdullah, means of forging closer economic and trade relations between the two countries.
August 28, 2012
Dubai's trade totalled AED 537 billion during H1 2011, according to the latest statistics from Dubai Customs.
The government has said inflation remained below 3.1 percent during the 1st seven months of 2012, but an advocacy group countered that the figure does not convey an accurate picture of the soaring cost of basic commodities.
August 27, 2012
The Cabinet is set to convene at the Grand Serail with 52 items on its agenda, the most anticipated of which is a recommendation that would help establish Lebanon’s official maritime borders.
Tamkeen announced that 755 Bahrain-based enterprises have benefited from its Mohasaba Scheme, which helps enterprises upgrade their accounting systems to be on par with international standards.
The government is facing a dilemma on meeting budget requirements given the lack of parliament sessions, while an ordinance to approve a new budget cannot be passed before the 2009 parliament is dissolved.
August 26, 2012
The 40 richest people on the planet lost a combined $3.7 billion this week as global stocks declined.
August 23, 2012
Kuwait’s Wataniya rose to a two-month high yesterday after Qatar Telecom offered to buy remaining stake in the telco for $2.2 billion, while Gulf markets were mixed in muted trade post the holy month of Ramadan.
August 22, 2012
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".
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.
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
Global financial lenders are advising countries to prepare for the possibility of higher food bills in the coming months.