Economy & Trade

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May 4, 2014

The official confirmed that the Dh6,000 increase in the minimum salary requirement was implemented in Dubai more than a week ago
09:03 GMT

The increase in the minimum salary limit from Dh4,000 to Dh10,000 per month to sponsor immediate family members only applies to Dubai

Engineer Saad Al Awadi, Chief Executive Officer of Dubai Exports
06:09 GMT

Dubai Exports led a successful trade mission to Canada, to create awareness among industry sectors and business leaders on the potential for collaboration and advantages of Dubai as a hub for exports and re-exports.

May 1, 2014

HE Ahmed Mahboob receiving HE Theyab Farhan Al-Rashidi, Kuwait’s Consul General in Dubai and UAE's Northern Emirates, along with accompanying delegation
05:25 GMT

HE Ahmed Mahboob Musabih, Director of Dubai Customs, received HE Theyab Farhan Al-Rashidi, Kuwait’s Consul General in Dubai and UAE's Northern Emirates.

April 30, 2014

Dubai Chamber of Commerce and Industry
10:21 GMT

The four-day long ICC Banking Commission meeting organised and hosted by Dubai Chamber of Commerce and Industry in partnership with the International Chamber of Commerce concluded today (Wednesday).

His Excellency Sami Al Qamzi, Director General of DED
06:16 GMT

The Department of Economic Development in partnership with other government authorities concerned has announced the automation of the Memorandum of Association and the launch of the ‘120 days hassle free license’ effective 15th of May 2014.

His Excellency Ahmed Mahboob Musabih, Director of Dubai Customs
05:25 GMT

Dubai Customs will take part in the World Customs Organization IT Conference and Exhibition 2014, due to be hosted in Brisbane, Australia on May 5-7.

April 29, 2014

Trade exchanges reached just under $3 billion between Iran and Germany in 2013 (File/AFP)
11:05 GMT

Iran is eager to enhance economic ties with Germany with the hope of securing $7 billion dollars worth of trade transactions annually, an official said.

During the workshop
10:56 GMT

The Dubai Chamber of Commerce and Industry in association with Tamayaz organised, Governance Challenges for Family Owned Businesses workshop at its premises on Thursday.

Saeed Al Tayer addressing the AULT meeting
05:25 GMT

Dubai Customs has participated in the Arab Union of Land Transport annual meeting and conference, recently hosted by the National Association of Freight and Logistics at the World Trade Centre in Dubai.

Iran’s former foreign minister also said that French parliamentary delegation also agreed to ease monetary and banking restrictions on trade with Iran.
03:55 GMT

The advisor to the Leader and the head of Expediency Discernment Council Strategic Research Center says French delegation agrees on easing trade restrictions on Iran.

Stressing that the Kingdom was no longer in the economic danger zone, he mentioned that foreign currency reserves went up from $6.6 billion in 2012 to around $12 billion at the end of last year and that the remittances of expatriates have gone up noticeably.
01:13 GMT

The premier expressed appreciation of all the countries that supported the Kingdom during the difficult conditions, especially those related to the Syrian crisis.

April 28, 2014

DP World
08:21 GMT

DP World Limited will today hold its Annual General Meeting for the year ended 31 December 2013.

During the event
05:25 GMT

Dubai Customs yesterday celebrated the World Intellectual Property Day.

Cohen says, that, over the past five years, Israel has been expanding trade attaché offices in Asia and Africa at the expense of its presence in Europe, and that this trend will continue in the coming years.
03:55 GMT

For the first time, in 2014, Israeli exports with Asia will exceed trade with the US, pushing it from second to third place (behind the EU).

April 27, 2014

Bahrain has also been in the process of implementing reforms for expatriate worker rights (File Archive/AFP)
10:35 GMT

Employers that are caught hiring illegal workers will now be blacklisted in Bahrain under Manama's new policy.