Economy & Trade

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In their efforts to satisfy their individualistic desires, Egyptians are happy to achieve the tiniest self-realisation at the cost of the country’s welfare.
Today
In principle, every citizen deserves a better life; why should people suffer if their lives can be improved?

June 8, 2014

Soccer's governing body FIFA is conducting an internal investigation into the decisions to hold the 2018 World Cup in Russia and the 2022 Cup in Qatar.
13:19 GMT

Sony has become the first World Cup sponsor to call for a probe into accusations that bribes were paid to secure the 2022 tournament for Qatar.

“This is the Kingdom’s duty based on our religion, ethics and the joint destiny of the two countries,” said the king, who is vacationing in the Moroccan city of Casablanca.
08:43 GMT

On Tuesday, King Abdullah called for a “Friends of Egypt” conference, which would raise funds for the country to weather its current economic crisis.

June 5, 2014

Mr. Atiq Juma Nasib, Senior Director, Commercial Services Sector, Dubai Chamber
12:34 GMT

The Dubai Chamber Sustainability Network, in association with Dubai Municipality, launched its 2nd Waste Management Campaign, entitled “ACT to Sustain - Be Responsible”.

 Ibrahim Saif said that Kim’s visit “sheds light on the repercussions of the refugee crisis on the Jordanian economy”.
11:59 GMT

Harper described Jordan’s response to the refugee challenges as a “model” for the entire world.

The ministry has warned that violators of the ban will be fined Dhs15,000 if they are found forcing labourers to work under direct sunlight.
03:55 GMT

Workers will be restricted from carrying out any work under direct sunlight from 12.30 pm to 3pm during this period

June 4, 2014

DP World
06:16 GMT

TURN8, the seed accelerator for innovative entrepreneurs initiated by DP World, has announced its second Investor Demo Day to be held 21 June, 2014 in Dubai.

June 3, 2014

Lebanon’s gross domestic product dropped 2.9 percent annually between 2012 and 2014
11:07 GMT

The conflict in Syria has cost Lebanon $7.5 billion as it struggles to cope with hosting more than a million refugees from the neighboring country

Ahmed Mahboob welcomes Jamal Bin Huwaireb
08:50 GMT

Dubai Customs has joined the “My Family Reads” initiative, which was recently launched.

DP World
05:34 GMT

Global marine terminal operator DP World won the Dubai Human Development Award 2013 at a major ceremony.

“The two countries have a lot in common, such as religion, neighborliness, history, and culture,” he stated, adding that these factors can help catalyze their economic relations.
03:55 GMT

“Bilateral trade stands at just $150 million, which is far below the expectations of both nations,” Al-Madaj told the Kuwait News Agency.

June 2, 2014

The new service means that as of August 1, Emirates will offer passengers 14,185 seats each week on the route from Dubai.
21:35 GMT

Emirates has served Karachi since it was founded in 1985, and in the past decade alone has transported over six million passengers on the route.

During the meeting
05:25 GMT

Dubai Customs has recently received a TECOM Investments’ delegation at its main office.

Mearly half of Yemen's population is going hungry, the UN's food agency warned Friday, saying it was scaling up its aid to the impoverished country.
03:55 GMT

The country has one of the world's highest levels of malnutrition among children, with nearly half of all kids under the age of five -- a full two million of them -- stunted/

The measure is designed to target the lowest-earning of government employees, namely in the education and healthcare sectors, as well as the state-run religious institution of Al-Azhar.
03:55 GMT

The law will include full-time and temporary employees working in state administrative facilities, public sector companies, local administration units, public agencies and other government institutions.

June 1, 2014

Three years after the fall of Hosni Mubarak amid a street uprising in Tahrir Square, Egypt’s political and economic future is still uncertain.
21:29 GMT

Like President Hosni Mubarak, Al Sisi must defeat the insurgents in the Sinai and the military’s extremist opponents in the cities before he dare initiate economic liberalisation and reform.