Economy & Trade

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According to the survey, 15 percent of the Turkish population lived under the poverty line in 2013, while 13 percent was considered “continuously poor.”
September 22, 2014 - 20:06 GMT
Of the total population, 78.5 percent reported not being able to take a one-week vacation away from home due to financial constraints.

August 8, 2011

Saeed Al Mansoori, UAE Minister of Economy
13:57 GMT
(press release)

The UAE Ministry of Economy’s Consumer Protection Department conducted a field visit to the Union Co-operative in Al Barsha to verify the outlet’s compliance with the prices and sales terms.

DMCC's Executive Chairman Ahmed Bin Sulayem Opens IIJS 2011
10:20 GMT
(press release)

Ahmed Bin Sulayem, Executive Chairman of the Dubai Multi Commodities Centre Authority inaugurated the 28th India International Jewellery Show.

Thomas Leaver, Chief Executive of the DME
08:50 GMT
(press release)

The Dubai Mercantile Exchange announced today that it set two new trading records during the month of July 2011.

August 7, 2011

This step comes as part of the company's continued commitment to the local community and follows a smaller preparation campaign that was launched last month to gather monetary donations
11:35 GMT
(press release)

ACT recently launched the Ahl Al Khair (People of Charity) initiative, marking the arrival of the Holy Month of Ramadan.

Abdul Baset Al Janahi, Chief Executive Officer of Dubai SME
09:20 GMT
(press release)

Dubai SME has joined hands with Hawkamah – The Regional Institute for Corporate Governance – to develop a code for SMEs on Corporate Governance.

Dubai World
09:06 GMT
(press release)

Dubai World’s has organised daily free Iftar buffets for thousands of people working in the Jebel Ali port and free zone areas.

DGCX also witnessed very active trading in Indian Rupee/US Dollar futures on August 4, 2011, achieving a new daily record volume of 22,827 contracts worth US $1.02 billion
08:39 GMT
(press release)

The Dubai Gold and Commodities Exchange (DGCX) traded highest ever daily volume of 35,796 contracts, valued at US $1.91 billion, on Thursday, August 4, 2011.

Amit Malani, President, Harman Middle East
08:13 GMT
(press release)

Harman Middle East has revealed its strategic move towards consolidating its market presence in Bahrain, which has recorded rapid growth in its audio and video (AV) segment.

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 Bayt.com 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 Bayt.com, 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.