Economy & Trade

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The Middle East’s share of gold consumption was 6 percent last year, compared with 7.8 percent in 2010
The Middle East will take a bigger share of gold demand as buyers from Kuwait to Saudi Arabia to the United Arab Emirates diversify investments and Dubai nears offering a contract for immediate delivery bullion.

January 15, 2012

Department of Economic Development
07:08 GMT

The Department of Economic Development (DED) in Dubai has formed two committees to redress grievances relating to licensing and permits procedures; and commercial compliance and inspection.

Economic Zones World
06:59 GMT
(press release)

EZW has signed an MoU with the TRA to boost its information systems and strengthen cyber security across its operations.

January 9, 2012

The royal delegation’s visit Masdar
13:20 GMT
(press release)

A high level delegation from the Netherlands, headed by Her Majesty Queen Beatrix of the Netherlands, H.R.H. the Prince of Orange and H.R.H. Princess Maxima of the Netherlands visited Masdar.

January 8, 2012

DP World
07:16 GMT
(press release)

DP World Vancouver and the Nanaimo Port Authority have signed a three year agreement that awards DP World Vancouver the right to operate the Port of Nanaimo’s facilities.

January 4, 2012

Eros Group
08:46 GMT
(press release)

Eros Group has announced their extravagant DSF promotions 2012 across its 30 outlets and leading electronic chains across the UAE.

The annual volumes represent a value of $185.13 billion
08:32 GMT
(press release)

Annual volumes for 2011 on the Dubai Gold and Commodities Exchange (DGCX) registered a substantial growth of 110% from 2010 to reach 4,044,138 contracts.

Amit Malani, President, Harman Middle East
07:07 GMT
(press release)

The demand for consumer electronic goods and appliances in Dubai remains strong, with sales expected to peak at USD 3.97 billion by 2015.

January 3, 2012

Mohammed Bin Rashid Establishment for Small and Medium Size Enterprises
09:45 GMT

Dubai SME recently hosted a seminar on enterprise value creation, intelligent marketing and competitive customer service for entrepreneurs and start-up businesses.

January 2, 2012

Dubai Multi Commodities Centre Authority
10:24 GMT
(press release)

The Dubai Multi Commodities Centre announced today that Shalina Group has moved its global operations to JLT.

Eros Group
09:12 GMT
(press release)

Eros Group recently appointed Blue Apple as its Creative and PR Agency following a competitive pitch. Blue Apple takes up the post with immediate effect.

December 29, 2011

Dubai Export Development Corporation
09:47 GMT
(press release)

Dubai Exports hosted its first ever ‘Outward Trade Mission of Food Producers to India’, an initiative aimed at introducing food and beverage products from Dubai to importers in India.

Ahmed Pauwels, Chief Executive Officer of Epoc Messe Frankfurt
08:47 GMT
(press release)

The Middle East’s appetite for toys and games continues unabated with recent research confirming that consumers from the region place high value on keeping their children amused and happy.

December 27, 2011

Jebel Ali Free Zone
09:46 GMT
(press release)

Almost 200 Business Associates of Jafza were recognised for their contributions towards the Free Zone’s growth at a specially hosted Business Associates Seminar recently.

December 26, 2011

NCB Capital Company
12:30 GMT
(press release)

NCB Capital expects the Saudi cement sector to continue witnessing strong demand in 2012, led primarily by government projects.

Economic Zones World
11:35 GMT
(press release)

Economic Zones World recently (December 13) signed an agreement with ZAJEL, one of the leading and fastest growing courier companies in the UAE.