Economy & Trade

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“This is the last major opportunity out there in the world that can suddenly become accessible, almost overnight,” he says.
Today
“All the five-star hotels are full of Western companies looking to position themselves to do business."

July 3, 2014

Regarding President Abdel Fattah Al-Sisi’s plan to provide the market with citizen’s needs for oil and sugar produced by the army, she said this plan is “illogical in economic terms and impossible to implement.
14:32 GMT

The government is unlikely to succeed in controlling anticipated price jumps in markets, goods, and services vulnerable to such abnormalities in the wake of petroleum subsidy cuts in the new budget.

Mohammed Bin Rashid Al Maktoum Business Award
09:25 GMT

Dubai Chamber of Commerce and Industry launched promotional roadshows in Oman and Bahrain recently.

July 2, 2014

DP World Chairman HE Sultan Ahmed Bin Sulayem and the Maldivian President Abdulla Yameen Abdul ‎Gayoom during their meeting in Malé
06:49 GMT

DP World Chairman HE Sultan Ahmed Bin Sulayem met with the Maldivian President His Excellency Abdulla Yameen Abdul ‎Gayoom and Minister of Economic Development His Excellency Mohamed Saeed, in Malé.

July 1, 2014

During the event
05:25 GMT

The Department of Economic Development (DED) as part of its Ramadan initiatives has launched a campaign to enable the public join the fight against counterfeiting and at the same time help the needy.

June 30, 2014

During the visit
10:40 GMT

A delegation from Ras Al Khaimah Customs paid a visit to Dubai Customs.

During the event
09:03 GMT

Dubai Chamber of Commerce and Industry’s initiative, Tejar Dubai, hosted a workshop educating upcoming national entrepreneurs about the various aspects of recruiting workforce and the correct application of UAE labour law.

June 29, 2014

 Family-owned businesses in the Middle East face a range of challenges that affect not only the success of the business itself, but also the professional and personal goals of their owners and their stakeholders at large.
16:03 GMT

Deloitte recently conducted a survey on family-owned businesses to assess two specific areas that have an impact on their companies’ operations and growth: governance and succession

During the event
11:54 GMT

Dubai Customs today launched new upgrades in its smart services.

“Income equality is important for sustainable growth. We can't fight income inequality with only macroeconomic policies. Turkey should increase its production capacity,” Dinçer added.
04:55 GMT

Turkey ranks third among the countries with the highest levels of income inequality.

June 26, 2014

Sultan Qaboos, who has been ruling Oman since 1970, responded by suspending the rules based on his understanding of the needs of the public, ONA reported.
22:57 GMT

Oman’s ruler Sultan Qaboos bin Said has put on hold the government’s decision to scrap price controls for most products after a public uproar triggered an intervention by his consultative council, state news agency ONA said.

The government may resort to using the old budget for the current fiscal year until the budget for the upcoming fiscal year, which begins on 1 July, is completed, according to a cabinet source.
14:54 GMT

The government is racing against time to complete the process of reviewing the budget for the next fiscal year, after President Abdel Fattah Al-Sisi refused to ratify it due to the growing deficit and heavy spending.

During the event
12:35 GMT

Assessors and jury members of the Dubai Quality Award and Dubai Human Development Award (DHDA) for 2013 were honored by the Department of Economic Development.

 According to the figures, 16% of Israelis (822,000 people) ate less for economic reasons during the past year
12:10 GMT

About half of Israelis are dissatisfied with the economic situation, and more than a third are unable to pay their household expenses, according to the first section of the social survey published today by the Central Bureau of Statistics.

H.E Hisham Al Shirawi with the representatives
12:07 GMT

Dubai Chamber of Commerce and Industry recognised its top exporting members between February and May 2014 in an exclusive SME Exporter of the Month ceremony at its head office on Wednesday.

Ahmed Mahboob Musabih, Director, Dubai Customs
06:46 GMT

Dubai Customs has launched a charitable campaign aimed at digging 30 wells during the holy month of Ramadan, one well every day.