Economy & Trade

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It is a concern to see corruption and bribery become more widespread than ever in Turkey.
November 27, 2014 - 22:40 GMT
The Turkish Industrialists and Businessmen's Association (TÜSİAD) shared the results of a public survey on Wednesday that shows corruption to be on the rise in the country.

September 2, 2012

Vikram Suri, Managing Director, Middle East & India, Sage Software
09:49 GMT
(press release)

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 - Egypt relations
13:54 GMT

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.

HE Hisham Al Shirawi during the pre-mission briefing
10:05 GMT

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.

Jordan, Egypt flags
09:02 GMT

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
09:47 GMT

Dubai's trade totalled AED 537 billion during H1 2011, according to the latest statistics from Dubai Customs.

Prices of commodities continued to rise from beginning of this year.
08:19 GMT

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 Lebanese Cabinet
13:22 GMT

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
11:50 GMT
(press release)

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.

Kuwait
11:06 GMT

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

50 Dollars bill
09:32 GMT

The 40 richest people on the planet lost a combined $3.7 billion this week as global stocks declined.

August 23, 2012

Gulf market
13:45 GMT

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

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.