Economy & Trade

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“This is the last major opportunity out there in the world that can suddenly become accessible, almost overnight,” he says.
August 20, 2014 - 04:55 GMT
“All the five-star hotels are full of Western companies looking to position themselves to do business."

April 9, 2014

He added that the volume of projects that applied to benefit from the Investment  Promotion Law reached JD1.92 billion (around $2.7 billion) in 2013 compared to JD1.61 billion ($2.2 billion) in 2012.
03:55 GMT

In previous remarks to The Jordan Times, Ruoshoud said Jordan's investment inflows rose by 19.5 per cent in 2013 “reflecting investors’ confidence in the Kingdom’s economy and business environment".

According to the report, 80% are concerned with the unemployment level in the country.
03:55 GMT

Around 71% of young Egyptians feel that individuals belonging to their generation are more likely to start a business compared to their older counterparts.

Symantec also highlighted the increasing number of Internet of Things devices targeted last year including routers, baby monitors and security cameras.
00:26 GMT

The number of targeted cyber-attack campaigns increased by 91 per cent in 2013, with each attack lasting three times longer than in 2012, according to an industry report.

April 8, 2014

Israel has already used up its annual $3.1 billion in this year's US military aid, and has committed all the aid through 2018, when the current aid package expires.
15:03 GMT

Minister of Defense Moshe Ya'alon 'fell in love' with the V-22 during a visit to Washington in June 2013 to promote the Osprey deal.

Dubai Customs
05:55 GMT

Dubai Customs takes part in the Dubai Government Achievements Exhibition, where it showcases six projects.

April 7, 2014

Ghassan Oweidat, the first investigative judge of Beirut, ordered the arrest of Abu Hamzeh, the former head of the board of trustees of Safa and one-time Jumblatt aide, after questioning him.
19:10 GMT

The sources said Abu Hamzeh, husband of famed TV presenter Mona Abu Hamzeh, could remain in custody up to two months before his lawyers can get an order for his release on bail.

During the event
09:54 GMT

As part of its initiative to encourage strong export performance among its members, Dubai Chamber of Commerce and Industry honoured four companies as SME Exporters of the Month.

He added that the ministry would make also smartcards available for the citizens, which would allow them to save points to be used in exchange for other commodities, such as milk, yoghurt, lentils and beans
03:44 GMT

Ministry of Supply provides smart ration cards to citizens to meet their needs of bread and other commodities

April 6, 2014

Gold worth a total of $75 billion was moved through Dubai in 2013.
17:09 GMT

Dubai become the biggest transit city for gold in the world last year.

Dubai World Central Logistics City
11:19 GMT
(press release)

Dubai World Central (DWC), the world’s first purpose-built aerotropolis, has announced the opening of Phase II of Kuehen + Nagel’s state-of-the-art logistics centre at DWC’s Logistics City.

Mohammed Bin Rashid Al Maktoum Business Award 2014
10:44 GMT

The Dubai Chamber of Commerce and Industry is hosting an International Conference on April 15 at Raffles Hotel to announce the 8th cycle of the Mohammed Bin Rashid Al Maktoum Business Award 2014.

The growth in non-oil exports in 2013 was mainly driven by exports to neighbouring countries UAE and Saudi Arabia
09:55 GMT

The sultanate posted total non-oil exports of RO3.8bn in 2013, a growth of nearly six per cent from RO3.59bn in the previous year.

Omani exporters wishing to access EU markets should be aware of the existing special requirements of their trading partners
07:55 GMT

Oman and the European Union (EU) are seeking to boost bilateral trade and investment by providing increased opportunities to the business communities on both sides to trade and exchange information.

The IMF official said growth increased to about 3 per cent in 2013
06:52 GMT

The International Monetary Fund’s (IMF) executive board is expected to approve the disbursement of $264 million to Jordan late this month under a Stand-By Arrangement (SBA).

Samira Abdulrazzak, Director of Client Management Department at Dubai Customs
06:22 GMT

Dubai Customs has managed to step up its customer services in a way that turns its relationship with clients into an integrated, productive partnership.