Economy & Trade
July 16, 2012
His Excellency Hamad Hareb Al Habssi, UAE Ambassador to the Republic of South Africa, inaugurated the UAE pavilion at the Africa Big Seven 2012 exhibition.
A total of one billion dirhams have been collected and more than one million transactions from the trading community have been conducted via Rosoom, the electronic payment gateway of Dubai Trade.
July 15, 2012
Dubai Gold and Commodities Exchange (DGCX) has been named the ‘Best Global Commodities Exchange’ by the Global Banking & Finance Review.
Aqaba Container Terminal held a press conference to announce its operational statistics for the first half of 2012, reporting notable improvements in container traffic through the terminal.
July 12, 2012
The Dubai Chamber of Commerce and Industry hosted a delegation from Ras Al Khaimah Chamber of Commerce headed by Mr. Naser Ahmad Salmeen, Director General, at its head office in Dubai recently.
July 11, 2012
The Cabinet is edging closer to endorsing an amended 2012 draft budget after a constructive debate among the ministers.
Saudi Arabia's annual inflation eased to 4.9 percent in June, its lowest level since September 2011, despite a big rise in housing prices, an official statement said yesterday.
July 10, 2012
A total of four initial public offerings (IPOs) raised more than $1 billion on the GCC stock exchanges during the second quarter of this year compared to three IPOs which raised $340 million in the same period last year, a report said.
Various parts of Sudan’s capital Khartoum and other regional towns are beginning to witness shortages of bread coupled with exorbitant price increases, in the latest manifestation of a growing economic crisis.
The Transport Services and Taxi Owners Union on Sunday urged the government to give taxis and service taxis gasoline to compensate for a recent rise in fuel prices, after authorities said they would not raise fares.
July 9, 2012
A new Sharia-compliant index has been launched by ratings agency Standard and Poor's (S&P) in partnership with the Organisation of Islamic Co-operation (OIC).
July 8, 2012
Dubai Silicon Oasis Authority (DSOA) in conjunction with Optimus Technology and Telecommunications announced the inaugural Silicon Oasis TechForum networking event.
The planned mega Economic Industrial City in Bahrain is expected to bolster Bahrain's Gross Domestic Product (GDP) 20 per cent annually and create about 240,000 jobs.
A Dubai traders’ outlook survey for 2012 conducted by Dubai Chamber of Commerce and Industry pointed to an increase in the overall performance of the trading sector in comparison to the year 2011.
A delegation from Dubai Supreme Council of Energy paid a visit to Dubai eGovernment Department headquartered in HH Dubai Ruler’s Court to share strategic experiences.