Economy & Trade
February 5, 2014
Cigarette prices went up by 100 fils per pack as of Tuesday under a government decision to raise taxes on tobacco and alcohol.
DP World Limited handled 55 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals during 2013, with gross container volumes growing by 0.7% on a like-for-like basis.
February 4, 2014
US officials declared on Tuesday that Iran is “not open for business” and vowed to scrutinise companies heading to the Islamic republic since it entered a temporary nuclear agreement.
DP World welcomed the container vessel CMA CGM Kailas on its first call at Jebel Ali Port, marking a new service between the UAE and Somalia, supporting trade links and the growth of the Somali economy.
US Secretary of State John Kerry came under further attack Monday by Israeli hawks who accuse him of manipulating the threat of an economic boycott to pressure Israel into peace concessions.
February 3, 2014
Iran and China will soon sign a agreement setting a “roadmap” to boost cooperation in a wide range of economic sectors
EU nations are preparing (and competing!) for Tehran investments following the easing of sanctions against the country.
Italian prime minister said he had “very successful’’ talks with the UAE leadership that covered variety of issues including regional and international situation, including Iran, Egypt and Syria.
This is good news for a nation that is struggling to reduce ballooning current account deficit.
February 2, 2014
Al-Humaidhi expressed optimism about the Egyptian economy's recovery, and stressed Kuwait's availability to help.
A strong Dubai Chamber of Commerce and Industry-led trade mission will leave tomorrow (Tuesday) for Hamburg to participate in the 4th Dubai Hamburg Business Forum.
Oman’s efforts aimed at building trade infrastructure and diversifying its economy will help the country become a major player in global trade.
January 31, 2014
The Leader made the remarks during a meeting with Turkish Prime Minister Recep Tayyip Erdogan in Tehran.
January 30, 2014
Key ministerial level talks on Bahrain-India bilateral trade concluded yesterday during a visit by a Bahraini delegation to Bengaluru, the capital of the southern Indian state of Karnataka.
There are no “licensed street vendors”, according to Ahmad Ebbini, the director of GAM’s department to regulate street vendors.