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.

June 1, 2011

UAE Ambassador to the UK, Abdul Rahman Ganem Al Mataiwe’e; DP World Chairman, Sultan Ahmed Bin Sulayem and company officials at the ceremony
11:42 GMT
(press release)

DP World Limited is pleased to announce that its shares have today been admitted to the Official List of the UK Listing Authority and to trading on the London Stock Exchange’s main market for listed securities.

May 31, 2011

Khaled Salmeen, Executive Vice President of Industrial Zones at ADPC, during his speech
11:11 GMT
(press release)

Abu Dhabi Ports Company launched the Khalifa Industrial Zone Abu Dhabi, the industrial zone of tomorrow, at the Intercontinental Grand Seoul Parnas in South Korea.

During the signing ceremony which was held recently at DED headquarters
09:52 GMT
(press release)

The Dubai Department of Economic Development and Emirates Secretarial Services have signed an agreement to boost the efficiency of licensing procedures, enhance productivity and ensure added-value services to clients.

Total throughput reached a record breaking 219331 TEUs, an impressive 16.6 percent increase over the terminal’s throughput in 2010
08:56 GMT
(press release)

Aqaba Container Terminal (ACT), recently announced its performance results for T1 2011, reporting substantial improvements over the 2010 results for the same period.

New Zealand Trade and Enterprise
08:22 GMT
(press release)

New Zealand-based company will be providing an integrated security solution for the Etihad Towers in Abu Dhabi.

May 30, 2011

Nasser Ahmed Alsowaidi, Chairman of DED and Khaled Salmeen Al Kawari, Executive Vice President of Industrial Zones ADPC
13:08 GMT
(press release)

Chairman of the Department of Economic Development, and with Mr. Khaled Salmeen Al Kawari, Executive Vice President of Industrial Zones ADPC, launched the registration of free zone companies within Kizad.

Bin Turkeya, SVP Human Resources, Economic Zones World receiving the GCC Excellence Award
11:02 GMT
(press release)

Global free zone operator Economic Zones World took home the top award at the GCC HR Excellence Awards 2011.

06:56 GMT
(press release)

TradeNet announced they will launch TradeNet Institutional Trading Suite in MEFTEC 2011, the new suite aims at providing institutions with the independent ability to instantly trade in multiple regional and international markets.

May 29, 2011

Sultan Ahmed Bin Sulayem, Chairman of DP World during his visit
12:38 GMT
(press release)

Dubai Trade, represents the original vision of Dubai as a leading hub for e-business and unrivalled trade competitiveness, said HE Sultan Ahmed Bin Sulayem, Chairman, DP World.

During the meeting
11:31 GMT
(press release)

DP World and Dubai Airports commended the successful establishment of direct and seamless cargo movements between Jebel Ali Port and Dubai World Central-Al Maktoum International.

May 26, 2011

King Abdullah II speaking during the Forum
11:13 GMT

The 2011 Jordan – U.S. Business Forum lived up to its promise of facilitating commercial enterprise in the Middle East’s most stable country with the signing of 11 agreements by a broad range of businesses.

Satnam Grover, General Manager of Manpower Services, Dulsco HR Solutions
09:46 GMT
(press release)

Companies in the region are increasingly learning the lessons of the global economic downturn.

Winners during the celebration
07:59 GMT
(press release)

SIX entrepreneurs have won a total of QAR 200,000 towards making their business dreams a reality in an action-packed final to this year’s inaugural ‘Al Fikra” Business Plan Competition.

May 25, 2011

DP World
13:25 GMT
(press release)

DP World published its Prospectus containing details of the admission of Ordinary Shares to listing on the Official List and to trading on the main market of the London Stock Exchange.

International Chamber of Commerce
12:49 GMT
(press release)

Business leaders and CEOs from major global corporations convened at the International Chamber of Commerce (ICC) in Paris today for the inaugural meeting of the ICC G20 Advisory Group.