Economy & Trade

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Affording a home and getting married is still difficult under Sisi for many young men unable to make a living.
January 29, 2015 - 16:35 GMT
Facing grim economic prospects at home, desperate young Egyptians are seeking jobs in Libya, a country sliding into lawlessness.

January 4, 2015

H.E Sultan Bin Saeed Al Mansoori, UAE Minister of Economy
12:25 GMT
(press release)

The UAE Ministry of Economy has stepped up the preparations for the 5th Annual Investment Meeting (AIM), to be held from 30 March - April 1, 2015 at the Dubai International Convention and Exhibition Centre.

His Excellency Ahmed Mahboob Musabih, Director of Dubai Customs
06:47 GMT

Dubai Customs put into effect the GCC-Singapore Free Trade Agreement, which provides for the full exemption of Singaporean customs duties for products of GCC origin.

"We have reached the danger point... after starting to withdraw from the reserves," to meet the budget shortfall, Alwaleed said in a letter addressed to the finance minister.
04:55 GMT

Billionaire Prince Alwaleed bin Talal has lashed out at the Saudi fiscal policy after projecting the largest ever budget deficit for 2015 following the slump in oil prices.

Israel's exports of goods and services were up only 0.6% in 2014, reaching $44 billion.
04:55 GMT

The most alarming figures were a 2.7% drop in investments in fixed assets, putting Israel at the bottom of the OECD table in this category

December 31, 2014

H.E. Ahmed Mahboob Musabih, Director of Dubai Customs
04:40 GMT

As part of its strong commitment to social responsibility and organizational sustainability, Dubai Customs released its sixth annual sustainability report for the year 2013.

December 30, 2014

Al Maryah Island
12:38 GMT
(press release)

In with the New! Celebrations include street performers, live musicians, illusionists and array of dining options culminating in a spectacular firework display

LG to Expand Vehicle Components Business by Partnering with Global Automakers in Advanced Driver Assistance Systems (ADAS).
10:51 GMT
(press release)

LG to Expand Vehicle Components Business by Partnering with Global Automakers in Advanced Driver Assistance Systems (ADAS).

Ambassador
10:14 GMT
(press release)

Every buy from the new collection and the elite illusion collection awaits a special gift

Advanced Tech Quest robotics arena built in collaboration with ZHO special needs students
09:25 GMT
(press release)

Advanced Tech Quest robotics arena built in collaboration with ZHO special needs students.

The budget announced for next year sees spending at 860 billion riyals ($229.3 billion) and revenues at 715 billion riyals ($190.7 billion)
04:55 GMT

"Spending in the budget is not in line with the sharp decline in oil prices."

During the meeting
04:54 GMT

Dubai Chamber of Commerce and Industry shared its experience and expertise in the implementation of ATA Carnet system in the Kingdom by participating in a workshop organised by the Council of Saudi Chambers and Saudi Customs in Saudi capital Riyadh recently.

December 29, 2014

Hyundai to by scrap from UAE
12:59 GMT

Hyundai International, part of the Korean automobiles-to-contracting conglomerate, has signed a deal in Dubai with UAE-based Atlantis Global Enterprises to source scrap metal, iron ore and precious metals for use in its businesses worldwide.

Abdul Rahman Issa, Chairman of the Carpet Oasis’ Organizing Committee
12:42 GMT
(press release)

Dubai Customs has announced that the Carpet and Art Oasis 2015 will open its doors to the public on Thursday, January 1st 2014.

The Jordanian Free Zones Corporation oversaw 77 investment projects in 2014. (AFP/File)
09:37 GMT

It's been a good year for Jordanian Free Zones Corporation after the organization attracted $500 million worth of investment to the kingdom in 2014.

December 28, 2014

Dubai Financial Market (DFM)
13:45 GMT

The pace of gains may slow on the Dubai index in 2015, and may not provide you with stellar gains seen in 2014.