Economy & Trade

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Tradition, cultural morays, and family expectations have been the primary constraints on women’s advancement in Egyptian society.
August 21, 2014 - 14:46 GMT
Egypt is a society, in which sexism is so ingrained in the economic, social, and political system that 50% of the population has, for the most part, been excluded.

April 16, 2014

The rise in green building will see an increase in demand for materials in Qatar (File/AFP)
12:55 GMT

The Qatari government has pledged an estimated $182 billion into infrastructure, focussing on eco-friendly green building over next five years.

The Iranian official also pointed to nuclear negotiations between Tehran and the major powers and said that the talks will not threaten the interests of any countr
03:55 GMT

The expansion of relations with the Islamic Republic, which enjoys high status in the region, is one of the UAE’s priorities, said Sheikh Mohammad.

April 15, 2014

High demand: Halal food imports alone are set to increase to $53.1 billion by 2020 (File/AFP)
13:00 GMT

Food, lifestyle and products manufactured under Islamic law are expected to be worth $2.48 trillion in the next four years due to increasing demand and a growing Muslim population.

Saudi's Ministry of Health said the new hospitals will increase patient beds to 68,000 (File/AFP)
10:27 GMT

A top government official has announced the Kingdom's plans to build 63 new hospitals across the country, boosting service and quality medical care.

Activists and lawyers have defied the new law, suspecting the government of foul play.
03:55 GMT

Prominent lawyer and former 2012 presidential candidate Khaled Ali went as far as to describe the amended law as "legalised thuggery".

April 14, 2014

Washington lawmakers have refused to pass the reforms, claiming they would prove too heavy a burden during a time when the US is still running a large budget deficit.
17:29 GMT

The US is responsible for delaying long-awaited IMF reforms, Saudi Finance Minister Ibrahim Al-Assaf told Asharq Al-Awsat on the sidelines of the Spring Meetings of the IMF and World Bank in Washington, DC on Saturday.

H.E Ahmed Mahboob Musabih, Director General of Dubai Customs and  ATCUAE President Dr. Mohammed Ben Sulayem, signing the landmark agreement today
07:20 GMT

A global customs transit system has moved a step closer in the Emirates following the signing of an agreement today between Dubai Customs and the Automobile and Touring Club of the UAE.

 Kuwait last week contributed $2.5 million towards UNDP’s emergency support in Syria and neighbouring countries.
03:55 GMT

This year Kuwait contributed $500 million, and last year it contributed $300 million.

April 13, 2014

Commenting on the new law, His Excellency Sultan Bin Saeed Al Mansouri, UAE Minister of Economy, confirmed that the Federal Law No. 2 of 2014
12:21 GMT
(press release)

His Highness Sheikh Khalifa bin Zayed Al Nahyan, President of the UAE, issued Federal Law No. 2 of 2014, for the Small and Medium Enterprises sector, to regulate the relationship between all government institutions and entrepreneurs of small and medium enterprises.

Department of Economic Development
07:25 GMT

Consumers in Dubai see their personal financial situation improving and brighter job prospects on the road ahead as per the latest findings of the quarterly consumer confidence survey.

Israel collects taxes on behalf of the Palestinians, and transfers about $100m per month, accounting for two-thirds of the authority’s budget
03:55 GMT

Israel’s audacity to torpedo international legal instruments, mount blatant attacks on hapless Palestinians and encroach on their territories is nothing but fascism at work.

April 11, 2014

Israel collects about $100 million a month in taxes for the Palestinians. It isn’t clear how much would be withheld or for long it would go on.
16:55 GMT

Erekat spoke a day after an Israeli official said Israel would stop the tax money transfers in retaliation for the Palestinians pushing to sign up for more recognition from international agencies and treaties.

April 10, 2014

In 2013, Dubai trade hit Dh1.392 trillion and was the major contributors to Dubai’s GDP
10:55 GMT

Dubai’s foreign trade is expected to touch Dh4 trillion by hosting Expo 2020, Mahmoud Al Bastaki, CEO of Dubai Trade, said on day two of the Annual Investment Meeting 2014 in Dubai.

During the panel discussion
06:38 GMT

VIP panel of public and private Somali experts gather to share ideas and action to rebuild Somalia.

Mr Ali Al Maqhawi, Director of Airport Operations at Dubai Customs
05:55 GMT

Dubai Customs has announced the formation of a special working team to provide all Customs facilitations to a contingent of more than 16,000 Chinese visitors from Nu Skin company.