Economy & Trade

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Asia and Turkey will also remain the most important trade partners of the UAE in terms of imports.
September 17, 2014 - 15:55 GMT
The UAE is likely to remain top export destination for India till 2030, and China is forecast to emerge as the second largest export market, displacing the US.

August 28, 2014

The objectives are to acquaint the Indian community in Bahrain and nearby countries with the various investment opportunities in India
09:50 GMT

A key meeting in Bahrain next week will see discussions between Bahraini and Indian business leaders on bilateral trade and investment opportunities.

DP World
06:47 GMT

Global marine terminal operator DP World today announces strong financial results from its global portfolio of marine terminals for the six months to 30 June 2014.

August 27, 2014

The new guide also includes information on small-business growth
08:41 GMT

Research and consultancy firm Oxford Business Group published a new guide to Saudi Arabia's economy and finance.

August 26, 2014

The national parliament, early this month, passed the SSP 11.279 billion, up by 8% SSP 0.876 billion from the 2013/14 budget
10:02 GMT

A large portion of South Sudan's annual budget is spent on salaries and operational costs with very little on development projects, a local think tank said in a policy paper.

Saudi Arabia is a strategic partner with the Sudan in investments
06:56 GMT

Saudi investments in the Sudan are expected to cross $13 billion (SR48.75 billion) in the next few months, particularly following a decision on canceling entry visas for Saudi investors.

August 25, 2014

The U.S. is the sixth-largest means for electronic cash transfers to Lebanon (File/AFP)
08:58 GMT

World Bank figures showed a decrease in the cost of sending remittances for the U.S. to Lebanon at 10.19 percent in Q2.

Prime Minister Prince Khalifa bin Salman Al Khalifa who chaired the meeting said settlement disputes needed to be fast tracked (Image: 4photo)
07:58 GMT

Bahrain will overhaul trade laws to increase foreign investment and clean up dispute settlement processes, according to a cabinet meeting hosted by Prime Minister Prince Khalifa bin Salman Al Khalifa.

August 24, 2014

During the event
06:05 GMT

Dubai Customs – represented by the Passenger Operations Department – handed out presents to children returning to the country with their families.

is Majesty King Abdullah on Thursday urged the private and public sectors to join efforts to define the priorities of the 10-year economic plan he asked the government to draft.
04:55 GMT

“Today, we are facing enormous challenges on more than one front, foremost of which are the economic challenges,” the King told the attendees, according to a Royal Court statement.

August 21, 2014

Sheika Fatima also urged Emirati youth to be rational towards wedding expenditure, saying that overspending often leads to negative effects on family stability.
23:18 GMT

“Mass weddings aim to reduce the expenses of weddings and lift wedding cost pressures from young people and their parents. They also encourage young men to marry early and start building a stable and cohesive family,” she added.

DP celebrates Middle East's First hosting of FIBA
09:06 GMT
(press release)

Dubai Properties (DP), the development company of Dubai Properties Group (DPG) and official sponsor of the third edition of FIBA, has concluded its sponsorship of the nine day event.

August 20, 2014

The Glasgow City Council sparked criticism from pro-Israeli circles when it decided to raise the Palestinian flag in the wake of the ongoing conflict between the Israeli regime and the Palestinians in the impoverished Gaza.
19:41 GMT

The Glasgow City Council sparked criticism from pro-Israeli circles when it decided to raise the Palestinian flag in the wake of the ongoing conflict between the Israeli regime and the Palestinians in the impoverished Gaza.

August 19, 2014

hese remarks were made at a meeting between JCC board of directors and a delegation representing the Palestinian union of commercial, industrial and agricultural chambers.
13:04 GMT

In response to brutal Israeli attacks on Gaza, Jordan Chamber of Commerce (JCC) President Nael Kabariti called on Jordanian traders and importers to boycott Israeli goods and ports

August 18, 2014

Ahmed bin Lahej, Director of Passenger Operations at Dubai Customs
12:52 GMT

The Dubai Customs’ Passenger Operations Department conducted 1037 confiscations over the first half of 2014, that is a growth of 23% compared to 843 seizures achieved in the same period last year.

August 17, 2014

Imports of goods and services fell 0.1% in the first half of 2014, after rising 6.7% in the second half of 2013.
20:43 GMT

This is the slowest rate of growth since the recession in the first half of 2009 and follows growth of 2.8% in the first quarter of 2014.