Economy & Trade

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The Saudi government is aiming to invest long-term in the country's health infrastructure (File/AFP)
April 22, 2014 - 13:48 GMT
Huge potential: The Kingdom's health insurance market could be the biggest in the region according to a medical insurance health insurance expert.

June 26, 2013

16:33 GMT

Georgia frequently serves as a battleground in the fight between Russia and the West, with politicians generally seen as taking one side or the other.

The Abu Dhabi Fund for Development has signed a memorandum of understanding with Morocco
13:11 GMT

The Abu Dhabi Fund for Development has signed a memorandum of understanding with Morocco for a $1.25 billion grant to be used for the provision of key services.

Ali Al Maqhawi speaks at the Forum about Dubai Customs anti-drugs efforts
11:35 GMT

Dubai Customs took part in the 9th International Protection Forum on Drugs Issues organized by Dubai Police General Headquarters.

Bahrain parliament
10:53 GMT

Bahrain's state spending is expected to jump 11 percent this year, by more than originally planned, after its parliament approved 174.2 million dinars ($462 million) in additional expenditure, official data showed.

Mixed Egyptian pound bills
10:44 GMT

The cost of insuring Egypt's debt against default has risen to record highs in the five-year credit default swap market, according to Markit, on concerns about political unrest.

During the meeting
10:19 GMT

The Department of Municipal Affairs and Ordnance Survey Great Britain, discussed strengthening cooperation between the two parties.

Gary Anderson, CEO, DGCX
05:49 GMT
(press release)

The Dubai Gold and Commodities Exchange announced today that it will launch a futures contract based on SENSEX, the blue-chip stock index of India’s leading bourse, the Bombay Stock Exchange (BSE).

June 25, 2013

Qatari Emir Sheikh Hamad bin Khalifa al-Thani awaits for France's President Francois Hollande prior to a welcoming ceremony at the Diwan Emiri as part of a two-day official visit in Doha on June 23, 2013 (BERTRAND LANGLOIS/AFP/Getty Images)
11:08 GMT

Qatar's emir Sheikh Hamad bin Khalifa al-Thani said on Tuesday he was transferring power to his son, Crown Prince Sheikh Tamim, taking the rare step for a Gulf Arab ruler of voluntarily ceding power to try to ensure a smooth succesion.

June 24, 2013

During the event
09:15 GMT

HP praised Dubai custom`s role in combating counterfeiting and protecting intellectual property rights together with its keenness to collaborate with all companies and establishments.

June 23, 2013

Last August, the IMF approved a $6.2 billion precautionary line of credit for Morocco over two years while urging reforms of its subsidy and pension systems
13:19 GMT

Morocco will begin deregulating prices for some basic goods in the next two weeks, its first step towards reducing subsidies, its general affairs minister told Reuters.

Obaid Humaid Al Tayer, Minister of State for Financial Affairs
12:44 GMT
(press release)

The International Monetary Fund issued the delegation’s final statement on Article IV discussions pertaining to the assessment of state members’ financial and economic performance.

All 11 economists in a Reuters survey had forecast that the bank would keep rates unchanged
12:10 GMT

Egypt's central bank left its main overnight interest rates unchanged as expected on Thursday, as economic growth remains tepid more than two years after the uprising that ousted Hosni Mubarak.

Children of Dubai Customs Child Care Center with Clients and employees
11:16 GMT

Yesterday, on Sunday, 23rd, June, 2013, Dubai Customs has celebrated the occasion of “Haq Allaila” the mid-month of night of Shaban.

The GCC economies would continue to benefit from high oil prices
06:00 GMT

The GCC economies are expected to grow at 5.6 per cent by the end of this year, said a report citing a top regional banking official.

June 20, 2013

Qatar foreign trade saw rise according to figures
11:00 GMT

In April 2013 Qatar’s trade balance of goods showed a surplus of QAR 35.2 billion, i.e. an increase of QAR 0.8 billion, (2.2 per cent) compared to the same period of 2012, accordint to the QSA.