Economy & Trade
November 25, 2012
Egypt’s stocks have plunged on the first trading day of the week following President Morsi's controversial Constitutional Declaration on Thursday.
The Algerian government is resolutely committed to establishing a genuine "growth pact" with both public and private enterprises as it seeks to boost economic growth.
Dubai Exports will host an Exporters Forum on 28 November 2012.
In what could be a worrying sign for the IMF, Egypt’s total deficit rose by 3.9 per cent in the third quarter of 2012 (July-October) compared to the same quarter last year, the latest bulletin published by the Egyptian Ministry of Finance reports.
The private sector made up nearly a third of Abu Dhabi’s overall gross domestic product of Dh691 billion last year, according to Mohammad Thani Murshed Al Rumaithi, chairman of the Abu Dhabi Chamber of Commerce and Industry.
After David Cameron's arms-dealing trip across the Middle East, nine members of the British Parliament have arrived in the United Arab Emirates on a four-day visit to try and talk up trade partnerships.
November 22, 2012
Among the Arab Spring countries, Syria has the greatest potential in terms of investment and the UAE National companies are still interested to have businesses in Syria, according to the Minister for the Economy.
Egypt stocks soared during Wednesday trading as the success of the government in reaching agreement with the International Monetary Fund on a $4.8 loan Tuesday positively affected investors' behaviour.
November 21, 2012
Egypt came sixth in the list of developing countries that receive remittances according to a World Bank and Development brief released on Wednesday, with an estimated $18 billion in migrant transfers.
Gulf states are looking at ways to help Jordan’s ailing economy after a decision to cut fuel subsidies sent energy prices soaring and led to street protests.
Oman has requested the sale of $96 million worth of guided missiles from the United States, the Defense Security Cooperation Agency (DSCA) said.
Egypt stocks slipped slightly on Monday, although news of an initial agreement between Egypt and the International Monetary Fund over a proposed $4.8 billion loan agreement cushioned what might have been a much more severe drop.
The Prime Minister of cash-strapped Italy yesterday used a visit to the UAE to call for firms from both countries to step up their efforts to find investment opportunities.
Senior officials from Japanese multinationals and major investment management firms recently conducted an exploratory visit at Dubai World Central (DWC), the world’s first purpose-built aerotropolis.
The United Arab Emirates has stressed the keenness to actively participate in supporting regional and international efforts to combat acts of piracy and armed robbery against ships.