Economy & Trade
October 24, 2013
Up to KD 18.5 million have been paid out to citizens laid off from jobs in the private sector, covering the period from August 2008 to October 2013
“The heavy presence of Syrians in the local market is the direct reason behind the increase in unemployment rates this year,” Saif said.
October 23, 2013
Meanwhile, Iranian First Vice President Es’haq Jahangiri has said that bad loans of the Iranian banking system amount to 700 trillion rials (about $28 billion
Dubai Exports has taken 27 local exporters to Azerbaijan to participate in BakuBuild, billed as the largest exhibition for construction and related sectors anywhere in the CIS and Eastern Europe.
A recent Dubai Chamber study released on the sidelines of Gitex 2013, revealed that the market for consumer electronics is likely to remain strong in the wake of lifestyle changes region-wide.
October 22, 2013
Qatar has agreed to provide $150 million in debt relief to the Palestinian Authority, U.S. Secretary of State John Kerry announced Monday.
The Dubai Chamber of Commerce and Industry announced that its recent launch of the International Business Network is proving a strategic tool for promoting Dubai’s investment environment.
October 21, 2013
Human resource supervisors in private companies told Arab News that their companies will transfer sponsorships of expat workers who are crucial to them, while releasing other part-timers due to difficulties in changing their sponsorships.
Oman’s inflation rate in August 2013 is the lowest compared to other GCC countries.
Dubai Chamber of Commerce and Industry is showcasing its e-services offered to the private sector through its stand at GITEX Technology Week.
October 20, 2013
Dubai Investments has pointed out that its pioneering business models across diversified sectors haveachieved healthy growth with a steady demand from new businesses entering the market and renewed confidence amongst the existing players.
Ministries of Interior and Labor have started sending text messages to citizens, companies and establishments warning them against employing illegal expatriates and having financial dealings with them.
The Department of Economic Development in Dubai is participating in the GITEX Technology Week, to be held at the Dubai World Trade Centre 20-24 October 2013.
October 18, 2013
Kuwaitis and expatriates spent around KD280 million over the last seven days as part of preparations for the Eid Al- Adha holidays, reports Al-Kuwaitiya daily quoting sources.
October 14, 2013
Governments in the MENA need to create around one hundred million jobs