Economy & Trade

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The downturn was mainly due to a 1.8 per cent drop in oil-related GDP as growth in the non-hydrocarbon sector accelerated to 2.8 per cent, the report showed.
Plans for subsidy cuts have received little publicity in the Kuwaiti media, perhaps because of their political sensitivity.

July 5, 2012

Make tea not war: Jordanian protestors not quite in the Egyptian vein
09:31 GMT

Despite the lack of unrest, the Kingdom is still struggling with rising unemployment.

Iraqi ballot boxes: one way to change the system
08:42 GMT

The regional boss of business title Fortune reckons that while the Arab world may be producing highly talented executives, when it comes to creative thinking, it’s still a small fish in a big pond.

July 4, 2012

Animal Welfare
12:32 GMT

Dubai Customs organized a three days training course about CITES the Convention on International Trade in Endangered Species of Wild Fauna and Flora.

CSR Al Youm
11:11 GMT

The Dubai Chamber of Commerce and Industry’s Centre for Responsible Business-published second newsletter of the year, CSR Al Youm, celebrates the World Environment Day.

During the meeting
10:11 GMT

Dubai Exports, the export promotion agency of the Department of Economic Development - Government of Dubai, will lead a multi-sector trade mission to the Central Asian republic of Kazakhstan this year.

During the launching of phase III of Light Industrial Units
05:50 GMT
(press release)

Dubai Silicon Oasis (DSO) launched phase III of its Light Industrial Units (LIU) with a ground breaking ceremony that paved the way for construction works of the AED32.44 million project.

July 3, 2012

During the meeting
09:33 GMT

The Higher Management Committee of the municipal system had settled 528 employees issues in the municipal system of which 92 of them in Abu Dhabi Municipality and 436 employees in Al Ain.

The cricket teams
09:12 GMT

The Dubai Chamber of Commerce and Industry is organising an indoor football and cricket sports league as part of the Dubai Sports World in the Dubai World Trade Center from June 28 to August 3.

Famous Egyptians Kosherie.
09:01 GMT

The Egyptian government signed an agreement on Sunday with the Saudibased Islamic Development Bank (IDB) that will provide $1 billion to finance energy and food imports, the government said in a statement.

July 2, 2012

14:40 GMT

A slowdown in real estate development in key global markets? Not too much of a concern if you are the president and CEO of Siemens and have all the infrastructure and energy projects to pitch for.

Salam Fayyad
14:26 GMT

The Palestinian Authority government in the West Bank is facing its “worst financial crisis” since its 1994 establishment, the Palestinian labor minister said Sunday.

Malaysia's Twin Towers
09:39 GMT

Kuwait's highly dependent on oil economy could do wit new avenues or props for support - and one of those investment destinations is Malaysia.

July 1, 2012

Christine Lagarde in the Middle East
12:08 GMT

Egypt's brand new President Morsi will continue to push for an IMF loan to save Egypt's ailing and crisis-ridden economy.

Gulf stock markets: does economic progress need a helping hand?
10:45 GMT

Complete stasis is not an option in the modern world. Andrew Shouler takes a look at ‘creative destruction’: the need to overthrow certain previous structures in an economy for the sake of productive renewal.

Community Development Authority
10:17 GMT
(press release)

A delegation of the Community Development Authority led by His Excellency Khaled Al Kamda, Director General of CDA, visited Al Noor Training Centre for Children with Special Needs.