Economy & Trade

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However food waste is not unique to Saudi Arabia, low income and developed countries face problems in waste.
July 9, 2014 - 18:47 GMT
Saudi Arabia is the world’s top food importer, and also rated as one of the worst wasters.

March 18, 2014

The funds aim at supporting the state budget
09:55 GMT

Japan will transfer JD82 million ($118 million) to the Kingdom’s Treasury before the end of this month in the form of a soft loan.

March 17, 2014

Saudi Arabia's inflation rose from 2.9 to 3.5 percent last year, but authorities are saying that the situation "remains under control" (File Archive)
11:00 GMT

Recent US Federal Reserve purchases will not effect Saudi Arabia's "stable" economy, say authorities.

During the event
09:29 GMT

Dubai Chamber of Commerce and Industry welcomed a high-profile trade mission of over 35 British business representatives from the retail sector.

82 per cent of businesses in the Middle East are targeting growth in 2014
07:55 GMT

A significant 71 per cent of the companies in Oman are targeting growth and higher market share in 2014.

March 16, 2014

10:33 GMT

Aqaba Container Terminal (ACT), the preferred gateway to Jordan and Beyond, hosted the "Aqaba Supply Chain Conference 2014" in cooperation with Aqaba Ports Corporation (APC).

Younis Othman receiving IDC award
09:20 GMT

Dubai Customs has received the IDC Insights IT Excellence Award 2014 for the best IT project in terms of cost efficiency.

Abdullah Al Shehi, Director of Intellectual Property Protection Department at CCCP
07:43 GMT

The Commercial Compliance & Consumer Protection (CCCP) sector in the Department of Economic Development (DED), Dubai, has confiscated 1.2 million pieces of cosmetic products after raiding a warehouse in Ras Al Khor.

March 13, 2014

Iran sits on the world's second largest natural gas reserves after Russia (File Archive/Shutterstock)
08:40 GMT

Iran and Oman have signed an energy deal in which Tehran will provide Muscat with 10 billion cubic meters of natural gas per year.

March 12, 2014

Mohammed Shael Al Saadi, Chief Executive of Business Registration and Licensing sector in DED
11:18 GMT

The Business Registration & Licensing Sector in DED in Dubai has extended its working hours till 6 p.m. in all its branches as part of enhancing customer convenience and facilitating business.

Transportation exports from the U.S., mainly in terms of Boeing-UAE airline deals, are behind the spike in bilateral trade between the U.S. and the UAE in 2013 (File Archive)
06:30 GMT

U.S. exports to the UAE reached $26.9 billion in 2013 as a result of increased trade in the transportation sector.

Dubai Customs
05:25 GMT

The C5’s Forum on Trade Compliance in the Middle East kicked off yesterday in Dubai.

March 10, 2014

During the event
13:26 GMT

Economic Zones World (EZW) and Dubai Customs have today announced the launch of the world’s first purpose built smart retail hub named “Matajircom”.

Direct trade accounted for 64 per cent of Dubai foreign trade, as it reached Dh846 billion in 2013
06:08 GMT

Dubai’s non-oil foreign trade reached Dh1.329 trillion in 2013, an eight per cent increase over Dh94 billion over 2012.

The new Halal Index is hoped to facilitate the growth of Dubai's halal exports as well (Shutterstock)
05:00 GMT

Dubai Exports is planning to issue an online Halal Index that lists all UAE firms that employ halal practices

March 9, 2014

This agreement reflects the significance and growth of bilateral relations between the two countries
10:55 GMT

The Department of Finance- Abu Dhabi (DoF) has announced the signing of a loan agreement with The Republic of Serbia, providing the country a loan of $1 billion.