Economy & Trade

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The Middle East’s share of gold consumption was 6 percent last year, compared with 7.8 percent in 2010
July 23, 2014 - 10:36 GMT
The Middle East will take a bigger share of gold demand as buyers from Kuwait to Saudi Arabia to the United Arab Emirates diversify investments and Dubai nears offering a contract for immediate delivery bullion.

May 6, 2012

The Companies with HE Hamad Bumaim
09:35 GMT

The Dubai Chamber of Commerce and Industry presented the CSR Label certificates to five Dubai-based companies during a presentation ceremony held at its head office recently.

Omar Bushahab, CEO of the Commercial Compliance & Consumer Protection Division
07:46 GMT

The Commercial Compliance & Consumer Protection Division in the DED is organising awareness sessions for owners of business licenses with repeat fines according to business activity.

During the event
07:12 GMT
(press release)

CDA in Dubai has signed a memorandum of Understanding with the Higher Colleges of Technology whereby and according to the MoU the CDA donates one million dirhams to Dubai Women's College.

Wesam Lootah, Assistant Director General of Dubai eGovernment
05:40 GMT
(press release)

Dubai eGovernment has announced new features and updates that it has recently added to its mPay mobile payment gateway using SMS.

May 3, 2012

During the meeting
11:06 GMT

The Dubai Chamber of Commerce and Industry hosted H.E. Temir Sariev and his delegation seeking ways to strengthen economic relations with their country, at the Chamber head office on Thursday.

The agreement that would include phasing out customs and fees on imports and exports between the two countries
11:05 GMT

Lebanon and Iran are mulling a free trade area, welcoming the step as a boost to bilateral trade between the two countries.

Community Development Authority
10:02 GMT
(press release)

The Elkayt programme, an initiative of the CDA organised a series of workshops to reach out to private companies, clubs and universities in an effort to raise awareness about the programme.

Non-oil GDP growth is expected to rise in all GCC countries
08:45 GMT

The short to medium term economic outlook of the GCC countries is positive due to strong external balances and rising oil prices, the International Monetary Fund (IMF) said yesterday.

Straddle carriers
06:39 GMT

DP World announced today (May 3) a significant boost to DP World Melbourne‘s capabilities with the first eight of 16 new energy-efficient straddle carriers starting operations.

May 2, 2012

H.E. Hamad Buamim with Mayor of Montereal
11:20 GMT

H.E. Rustam Minnikhanov, President of Tatarstan, met H.E. Abdul Rahman Saif Al Ghurair, Chairman, Dubai Chamber of Commerce and Industry, on the sidelines of the Annual Investment Meeting.

May 1, 2012

Total loans to businesses increased by 1pc to BD4,229.5m (BD4bn) at end-March 2012
11:40 GMT

The total domestic credit in the Kingdom of Bahrain has grown by a robust 15.9 per cent as on end-March 2012 when compared with end-March 2011 levels.

91 million Tramadol tablets foiled by Dubai Customs
11:29 GMT

Dubai Customs, successfully foiled an attempt to smuggle 91 million Tramadol tablets, with total value estimated at AED 1billion.

Engineer Saed Al Awadi, CEO of Dubai Exports
11:03 GMT

His Excellency Juma Rashid Saif Al Dhaheri, UAE Ambassador to Qatar, recently inaugurated the UAE pavilion in Project Qatar 2012.

H.E. Abdul Rahman Saif Al Ghurair, Chairman, DC with H.E. Zafer Caglayan, Turkey's Minister of Economy during the meeting
10:22 GMT

H.E. Abdul Rahman Saif Al Ghurair explored ways of enhancing economic cooperation with H.E. Zafer Caglayan during their meeting held at Murooj Rotana Hotel on Monday.

During the meeting
10:10 GMT

In a meeting held at the Department of Municipal Affairs the gradual receiving committee of Mosque support system in Abu Dhabi Emirate discussed the Mosques development regulations.