Economy & Trade

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Barclays
June 19, 2013 - 11:24 GMT
A majority of high net worth individuals (HNWIs) in the Middle East believe wealth creation is faster today than in the past, more than any other region globally, according to the latest report by of Barclays Wealth Insights.

December 13, 2012

Saudi Arabia has pledge more money for Syrian refugees and internally displaced people
08:27 GMT

Saudi Arabia pledged on Wednesday to donate $100 million in humanitarian aid to the Syrian people during a Friends of Syria meeting.

Stocks on the Egyptian bourse remained calm in light of positive political news
03:00 GMT

The Egyptian stock market remained calm on Wednesday, as investors hope for political stability after the announcement of opposition National Salvation Front participating in Saturday's constitutional referendum.

December 12, 2012

H.H. Sheikh Ahmed Bin Saeed H.E. Reem Al Hashimy, Mr. Francisco Sanchez and HE Hamad Buamim
09:53 GMT

Over 1,000 local and global business leaders and entrepreneurs attended the Dubai Chamber of Commerce and Industry hosted Business Gala International.

Tunisia and Morocco have been awarded funding from the European Union for various country-specific projects
09:20 GMT

Tunisia and Morocco have been awarded funding from the European Union for development and human rights projects.

December 11, 2012

Yet more pressure for Morsi as the $4.8 billion IMF loan is put on hold
17:35 GMT

Egypt’s political turmoil has prompted the delay of a $4.8 billion International Monetary Fund (IMF) loan to the country’s Islamist-led government, further complicating the country’s economic prospects.

During the signing
10:13 GMT

The Department of Municipal Affairs signed a Memorandum of Understanding with the Ministry of Land, Transport and Maritime Affairs of the Republic of South Korea.

Dubai eGovernment
08:50 GMT
(press release)

Dubai eGovernment has recently signed an agreement with Tadweer Waste Treatments for the segregation and processing of waste being generated by Dubai eGovernment.

Since World Trade Organisation establishment in 1995, this would be the first time that Jordan is competing for this prominent position
07:46 GMT

Jordan will be in the running for the top post of the World Trade Organisation (WTO) for the first time with candidate Ahmad Hindawi when the term of the French big cheese Pascal Lami comes to an end on August 31, 2013.

Ministers agreed not to separate the issue of the salary scale in principle and the means to fund it
07:02 GMT

The Cabinet failed again Monday to pass the controversial salary scale as both the private sector and labor groups remained deeply divided on whether to raise the salaries of civil servants and teachers substantially.

December 10, 2012

Wage hike would increase inflation by 2 to 3 percent and would push the balance of payments deficit above $2 billion each year
10:07 GMT

Economy and Trade Minister Nicolas Nahas said that the Cabinet is still delaying mobilising on passing the proposed wage hike to Parliament, despite mounting pressure from both labor organizations and the private sector to address the issue.

Jordan’s credentials in hosting the largest number of Palestinian refugees and other waves of refugees are well known
07:41 GMT

Jordan’s foreign minister has denied allegations that the Gulf Cooperation Council (GCC) has tied its financial assistance to the kingdom with stipulations including strings that bind them into accepting all Palestinian refugees from Syria.

During the visit
07:13 GMT

Department of Municipal Affairs received a delegation from Microsoft headed by Mr. Marc Roussel Vice President for Europe and the Middle East Region.

December 9, 2012

The global Islamic financial services industry continues to experience double digit growth, with recent estimates indicating that global Shari’ah-compliant assets now stand between $1.1- 1.3 trillion
12:17 GMT

The banking world gets set for the three day event, held under the theme: 'Islamic Finance: Adapting to the New Dynamics of Global Finance'.

During the honouring
10:25 GMT
(press release)

Valuing the tremendous efforts of Dubai eGovernment teams, Director General H.E. Ahmed Bin Humaidan, recently honored the members of this team for their valuable contribution.

The announcement of the union would be at a special summit to be held in the Saudi capital
07:31 GMT

The Gulf Cooperation Council (GCC) Summit this month in Bahrain will not announce the union of the six member states, Bahrain’s foreign minister has said.