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.

March 29, 2012

DP World
06:54 GMT
(press release)

DP World today announces strong financial results from its global portfolio of marine terminals for the twelve months to 31 December 2011.

March 28, 2012

Group photo
13:37 GMT
(press release)

Dubai World Central, the 140 square kilometer multi-phased urban infrastructure development reflecting Dubai’s commitment to diversification and sustainable economic growth.

RAK FTZ Business Park
10:12 GMT

Ras Al Khaimah Free Trade Zone, is currently in Jordan on a strategic marketing and sales mission, to network with and raise awareness amongst entrepreneurs in Jordan.

Dubai Industrial City
09:26 GMT
(press release)

Dubai Industrial City announced it has signed a project development agreement with Rasasi Group for the establishment of a full-fledged perfume manufacturing and packaging facility at the region’s leading manufacturing and logistics destination.

March 26, 2012

National exports recorded a 14.6 annual growth rate during the last decade, while imports grew by 15.2 annually during the same period
08:46 GMT

Industry and Trade Minister Sami Gammoh said on Sunday that the growth rate of the Kingdom’s gross domestic product (GDP) stood at 4.9 per cent during the last five years.

Dubai Multi Commodities Centre
08:02 GMT
(press release)

The Dubai Multi Commodities Centre announced that DMCC Tradeflow has registered and facilitated more than 100 pledges within the first month of operation.

DP World
07:21 GMT
(press release)

DP World Limited today announces it will use existing cash resources to repay all $3 billion outstanding under its revolving credit facility[1] due to mature in October 2012.

March 25, 2012

During the event
12:45 GMT

Dubai Chamber of Commerce and Industry hosted a high profile Chinese banker’s delegation of 21 officials, headed by Mr. Zhao Xiaodi, Secretary General, China International Chamber of Commerce.

The new license allows investors to start business immediately and complete the rest of the licensing requirements within 120 days
12:14 GMT

Dubai Investors will soon receive instant trade licences to conduct business in Dubai.

Mohammed Al Muallem, Senior Vice President and Managing Director, DP World, UAE Region
11:45 GMT
(press release)

DP World has introduced 3G internet service for container liner operators calling at its flagship Jebel Ali Port.

Nisrin Safar, General Co-ordinator of YEC
10:45 GMT

Dubai SME, has issued conditions of participation and timelines for students in the eighth Young Entrepreneur Competition (YEC 2012) exhibition.

During the visit
07:39 GMT
(press release)

A delegation of the Community Development Authority (CDA), led by His Excellency Khaled Al Kamda Director General of CDA, visited India Club in Dubai.

Mohammed Shael, Chief Executive Officer of the Business Registration and Licensing Division at DED
07:10 GMT

DED will implement the ‘120 days hassle free license’ initiative, aimed to give businesses in Dubai a head start and promote the emirate’s competitiveness, by the end of 2012.

His Highness Sheikh Hamdan Bin Mohammed with DED employees
06:44 GMT

His Highness Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum, Dubai Crown Prince, honoured their Excellencies during his visit to the DED.

March 22, 2012

Insight Dubai International Conference
12:49 GMT

His Excellency Sheikh Nahayan Mabarak Al Nahayan delivered the keynote address at the last day of Insight Dubai International Conference 2012, hosted and organized by Dubai Women’s College.