Economy & Trade

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Seventy percent of Israel's exports to Turkey are chemical products, while rubber products and electrical equipment accounted for another 15.5 percent.
July 22, 2014 - 16:00 GMT
While calls increase on the government to review Turkey's trade relations with Israel in response to the humanitarian crisis in Gaza.

August 7, 2011

Abu Dhabi Airports Company
07:49 GMT
(press release)

Abu Dhabi Airports Company announced today the launch of the annual Abu Dhabi International Airport Ramadan Football tournament.

August 4, 2011

According to the quarterly MENA Consumer Confidence Index survey, expectations for the future are primarily positive amongst respondents from the UAE
13:24 GMT

Results from the recently concluded Consumer Confidence Index survey conducted jointly by, shows that residents in the UAE hold an optimistic view of their personal financial future.

Truck drivers during a training session
07:18 GMT
(press release)

DP World announced that some 500 truck drivers working for third party supply chain companies have successfully completed a mandatory safety training programme.

August 3, 2011

But while the Saudi government doesn’t have its head stuck in the sand, it isn’t clear that it is doing enough to tackle the country’s foreseeable financial problems
15:30 GMT

Saudi Arabia’s economic power is more fragile that it looks. High energy inefficiency and public sector spending are two trends which, left unchecked, will start eating into the kingdom’s petrodollar.

During the trade mission
08:53 GMT
(press release)

Dubai Exports, having recently completed a successful trade mission to Sao Paolo and Rio De Janiero in Brazil.

August 2, 2011

Oussama El Omari, CEO of RAK FTZ
12:50 GMT

The Ras Al Khaimah Free Trade Zone today announced that 574 new companies have registered in the second quarter of 2011.

Abu Dhabi Airports Company
11:08 GMT
(press release)

Abu Dhabi International Airport today revealed its Duty Free sales for the first half of 2011, announcing a total of AED 293 Million in sales and a robust 7.5% increase.

DGCX's precious metals segment has shown a year-to-date increase of 1 % over the same period last year with gold and silver futures trading 282,837 and 32,213 contracts respectively
08:26 GMT
(press release)

Dubai Gold and Commodities Exchange achieved another milestone as volumes on the Exchange exceeded 300,000 contracts in July 2011.

Commtest has seen particular interest from companies based in the Kingdom of Saudi Arabia, Egypt, UAE, and the rest of the GCC
08:00 GMT
(press release)

A leading New Zealand company is flourishing in a sector that is little heard of, but vital to growing businesses across the region.

August 1, 2011

Abdul Baset, Chief Executive of Dubai SME and Howard Gaunt, Head of Business Banking Group, ADCB signing the agreement
11:29 GMT
(press release)

Dubai SME, entrusted with the development of the small and medium enterprise sector, has signed a partnership agreement with Abu Dhabi Commercial Bank to offer benefits to the top 100 SMEs in Dubai.

July 31, 2011

Abdul Baset, Chief Executive of Dubai SME and Faisal Galadari, General Manager - Business Group of Commercial Bank of Dubai during the signing
08:47 GMT
(press release)

Dubai SME, entrusted with the development of the small and medium enterprise sector, has signed a partnership agreement with Commercial Bank of Dubai to offer benefits to the top 100 SMEs.

Damas Shop
08:45 GMT

Damas has announced a net profit of AED 53.3 million for the financial year ended 31 March 2011. Damas had reported a loss of AED 2 billion in the previous financial year.

Omar Bushahab, CEO, Commercial Compliance and Consumer Protection Division, DED
07:33 GMT
(press release)

Department of Economic Development has announced the launch of an extensive inspection campaign across all outlets in Dubai during the Holy Month of Ramadan.

Dubai World
07:30 GMT
(press release)

Dubai World organised an awareness programme on the virtues of Ramadan and the benefits of fasting for its employees

Sample of the seized spoiled shipment of meat
06:49 GMT

Dubai Customs in collaboration with Dubai Municipality banned entry of one tone of spoiled meat into the country contained in a shipment coming from an African country.