Economy & Trade
November 21, 2013
The UAE has the most attractive tax framework in the world and the least demanding, according to a report by the World Bank Group and PwC.
At the closing plenary of the World Economic Forum, UAE's Minister of Economy said that political instability in the Middle East North Africa (MENA) region will challenge economies worldwide.
Saudi-Chinese trading escalated to $73 billion in 2012, reaffirming KSA's position as the biggest trade partner of the east Asian country for the past ten years.
DP World, UAE Region has won the prestigious Container Terminal Operator Award for a fifth consecutive year at the Seatrade Middle East & Indian Subcontinent Awards 2013 in Dubai.
November 20, 2013
GCC investment interests in Egypt are rising ahead of a joint GCC-Egypt forum scheduled for early December.
“Employers in Qatar have displayed an appalling disregard for the basic human rights of migrant workers. Many are taking advantage of a permissive environment and lax enforcement of labour protections to exploit construction workers.”
November 19, 2013
As initiators of “Tejar Dubai” an Emirati entrepreneur development program, Dubai Chamber of Commerce and Industry is all set to host the Tejar Dubai Idea Olympics workshop at its premises on Saturday, November 23.
A Forbes study showed that showed that the UAE as the preferred location for global organizations to establish regional headquarters, with a massive 93 percent of companies favoring the nation as a base.
The Coastal Customs Centres Department at Dubai Customs has issued a Handbook of Marine Guidelines for Traditional Vessels.
The ministry ruled the company, owned by an Emirati, had violated its licensing terms.
The undersecretary described working from home to be the most suitable for women and said it will be implemented in the next few months.
November 18, 2013
Economic analyst and CEO of Comesa Company Sherif El-Kheriby said that he considers this statement optimistic, but that it would be possible to repay external debts once the economic situation is stable
A $45 million programme to help attract $700 million in foreign direct investments and create some 40,000 jobs over the next five years got under way on Sunday in the Kingdom.
In a step that is set to revolutionize glass technology across the globe, Dubai Investments PJSC [DI], the largest investment company listed on the Dubai Financial Market [DFM], today announced the launch of the first-of-its-kind,coloured solar glass in the world which generates energy on its own.
The number of unemployed increased by 30,000 in Q3 2013, resulting in some 3.6 million jobless Egyptians.