Economy & Trade

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Asia and Turkey will also remain the most important trade partners of the UAE in terms of imports.
September 17, 2014 - 15:55 GMT
The UAE is likely to remain top export destination for India till 2030, and China is forecast to emerge as the second largest export market, displacing the US.

September 16, 2013

Furthermore, the survey reveals employees are staying in their jobs for a longer period, resulting in a greater percent being eligible for higher EoSB payout.
07:17 GMT

80 percent of the total firms surveyed plan to increase their headcount over the next three years, with over a third (34 per cent) expecting double digit growth.

September 15, 2013

Saudi Arabia, UAE, Qatar, Bahrain, Kuwait, and Oman in particular will have dense urban conglomerations, with 45.1 million people expected to reside in GCC cities by 2020 – 85 percent of the total estimated population.
14:01 GMT

More than 226 million people will be living in cities throughout the Middle East and North Africa (MENA) by 2020, accounting for nearly 62 percent of the region’s total population, the United Nations (UN) has estimated

Dubai Customs
13:09 GMT

Dubai Customs received a US trade delegation headed by Rob Waller, the US Consul General to Dubai.

During the event
10:08 GMT

DP World, UAE Region has become the first port operator in the Middle East to successfully implement the Regional Security Management System standards.

During the event
06:03 GMT

The Department of Municipal Affairs in the Emirate of Abu Dhabi signed a Memorandum of Understanding with the Emirates Society for Animal Welfare, in a move aimed at develop cooperation between the two sides.

Dubai Customs
06:03 GMT

A high-profile delegation from Dubai Customs is to travel to the People's Republic of China for an official visit from the 15th to the 19th of September.

Khalid Al Mansoori, Manager of Exhibitions & Delegations Services at Dubai Exports
05:53 GMT

Dubai Exports, the export promotion agency of the Department of Economic Development (DED) in Dubai, led over 20 UAE companies to KazBuild.

September 12, 2013

Pictured: the Iraqi invasion of Kuwait in 1990, which Iraq's new government is still paying the price for.
09:48 GMT

Iraq is keen on thrashing out remaining issues with Kuwait "and closing the file of the compensations," Zebari was quoted as saying

he King stressed the need to boost foreign investments in Jordan by implementing mega-projects concerned with securing energy and water security, according to a Royal Court statement.
09:43 GMT

“I am fully aware of Jordanians’ difficult economic conditions and that requires ministers to go to the files and solve citizens’ woes,” the Monarch said.

“Total cash holdings will probably fall further from their 2012 post-global financial crisis high, but this will be due to companies using the cash for debt repayments," says Fitch.
07:42 GMT

Aggregate free cash flow among EMEA corporates should turn positive in 2014 as revenue and margin figures also show modest improvement, Fitch Ratings says.

September 11, 2013

During the event
13:01 GMT
(press release)

Dubai Electricity and Water Authority has taken part in a series of seminars organised by the Dubai Government Excellence Program.

Among the participating GCC organizations, UAE-based companies predicted the lowest salary increase at 5 percent
11:28 GMT

Companies across Saudi Arabia are predicting an average salary increase of 6 percent in 2014, a slight increase on last year’s forecast of 5.8 percent, indicating a rise in confidence in the country’s economic outlook and a burgeoning business environment.

Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and Minister of Finance
10:57 GMT
(press release)

Ministry of Finance has issued its annual statistical report on the GCM in the UAE - 2012.

The Syrian crisis had roiled the markets, with Dubai witnessing a decline of 7.9 per cent this month until yesterday’s surge
09:50 GMT

The positive news about Syria and its implications for the region was the key driver for the markets today, said Amer Khan, director at Shuaa Asset Management.

Japan’s exports to the UAE stood at $4.06 billion during January-June period of 2013
08:39 GMT

The value of Japan trade with the UAE dropped by 8.8 per cent to $24.8 billion (Dh91 billion) during the first six months of 2013 compared to $27.2 billion during the same period in 2012.