Economy & Trade
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
October 13, 2013
The global economic recovery continues with improvements in long-lagging advanced economies but moderating growth in emerging markets, the International Monetary Fund’s managing committee has said.
Ministry of Finance organised a separate reception for all UAE banks participating in this important, global event.
October 10, 2013
The world’s 16th largest foreign aid donor last year, the UAE spent Dh5.83 billion in grants and loans to 137 countries and regions around the world.
October 9, 2013
Iran’s minister of economic affairs has said it is false to think of economic improvement when sanctions are eliminated.
Political turmoil that started in Tunisia in 2011 and swept across the Arab world will cost the seven most-affected countries about $800 billion by the end of next year, according to HSBC Holdings Plc.
Given that the commercial activity is still at a minimal, there is still a long way to go.
Studies conducted by the ESCWA recently revealed that the Arab region needs large investments in the infrastructure sector.