Economy & Trade
March 27, 2014
Lebanon’s budget deficit in 2013 rose slightly to 30.94 percent (or $4.2 billion) of spending compared to 29.47 percent (or $3.9 billion) in 2012.
Out of 1000 residents polled, around 16 per cent of the respondents said they doubted if the event would deliver any benefits once it is over.
March 26, 2014
The total value of exports from the sultanate increased by 8.2 per cent in 2013 from a year ago, according to recent statistics issued by the National Center for Statistics and Information (NCSI).
According to the cabinet’s Monday statement, the project is part of a larger electricity linkage system between Egypt and Gulf countries.
March 25, 2014
The GCC rift, sparked after Manama, Riyadh and Abu Dhabi withdrew their ambassadors in Doha to protest against Qatar non-compliance with pan-Gulf agreements, has proved too formidable to be addressed at the summit.
DP World and Borouge signed a contract through which DP World will support the distribution of Borouge’s products as one of Borouge’s several gateways to export its products to its customers in the UAE and around the world.
The Sudanese ministry of finance of Sudan signed a number of agreements China in the fields of launching new oil exploration efforts, development projects in addition to the approval of additional loans.
March 24, 2014
The Department of Economic Development in Dubai has published a booklet on Risk Management to create awareness among employees of the various business units and agencies within DED.
Dubai Customs inspectors at Dubai Cargo Village have halted an attempt to smuggle 3.6 kg of opium, concealed in a shipment coming from an Asian country and heading to a European airport.
Egypt’s economic growth rate increased by 0.4 percent in the second quarter of the current fiscal year 2013/14 compared to the previous quarter, to reach 1.4 percent.
The minister added that the meeting will tackle the possibility of signing long-term contracts regarding the supply of Russian wheat to Egypt.
March 23, 2014
The best employees in the Dubai Service Excellence Scheme who have been consistently providing excellent service across all DED offices in Dubai, were honoured by the Corporate Quality & Management Excellence Division.
March 20, 2014
Small and Medium Enterprises are expected to grow in the UAE over the next few years.
The Mexican government is looking to strengthen cooperation and explore joint investment opportunities with the UAE.
The Department of Economic Development (DED), Government of Dubai has commissioned a project to assess the feasibility and subsequent establishment of an Exim Bank.