Economy & Trade
August 27, 2013
Abe, who is the first Japanese prime minister to visit the country, said "friendly and co-operative relations with Bahrain" will be strengthened.
August 26, 2013
The GCC visa is expected to reinvigorate tourism, business, shopping travel and economic activities in the member countries.
Analysts have said that the uptake of online banking in the region is quite low compared to other markets, but the shifting demographics and consumer profiles indicate that the retail banking landscape will soon change.
Financial markets are often adversely affected by political uncertainty and security breaches. However, in Egypt, the case has been different in terms of stocks and t-bills.
August 25, 2013
Egypt’s government mulls over switching to Value-Added Tax (VAT) as a backbone for financial discipline and social justice, the finance ministry said on Friday.
Emerging must develop tools to control credit flows or risk relinquishing any independent monetary policy, a study shows.
Any pullback should be determined by the strength of individual economies, said Christine Lagarde.
Ministry of Finance organised recreational activities for children of the Dubai Health Authority- Thalassemia Centre in its Dubai premises.
Department of Municipal Affairs in the Emirate of Abu Dhabi issued a decree to form a Work Team to create a sustainable capacity-building in the municipal system.
August 22, 2013
Inspectors of Dubai Customs in Dubai Cargo Village thwarted a smuggling attempt of around 4.2 kilograms of narcotic opium.
The drop was attributed to a decline in the number of tourists seeking therapeutic services in the past few months and the drop of tourists in general in July, 2013.
August 21, 2013
"Is someone playing foul? I do not know. But this is strange.”
The program comes in the framework of the Programme for the Support for Partnership, reforms and Inclusive Growth (SPRING).
The Central Bank of Iran has announced that the inflation rate for the 12-month period ended the fourth Iranian calendar month of Tir (July 22, 2013) compared to the same period in the previous year hit 37.5 percent.
"Kuwaitization" was created by the government a few years ago to encourage Kuwaitis to work in the private sector as there were no available vacancies in the public sector for fresh graduates