Economy & Trade

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Many companies today don’t foster environments that actively encourage employees to speak their minds.
November 25, 2014 - 02:33 GMT
Regional businesses can no longer progress based on just social connections

October 30, 2013

Participants at the workshop
08:28 GMT
(press release)

The General Directorate of Customs- Abu Dhabi participated in a workshop entitled “Detection of smuggling of nuclear and radioactive materials”.

October 29, 2013

In its program, the government said that it was not possible to continue with the current generous welfare system and there is a need to review subsidies and charges on public services.
10:14 GMT

The government dropped a bombshell with its program that explicitly told Kuwaitis that cheap or free services are things of the past.

DP World
06:09 GMT

DP World handled 14.2 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals in the third quarter of 2013, with gross container volumes growing by 2.4% on a like-for-like basis.

No matter the economic statistics, the real cost of the war must always be measured in human suffering.
05:55 GMT

According to the report, “the Syrian economy experienced massive de-industrialisation as a result of business closure and bankruptcy, capital flight, looting and destruction.”

October 28, 2013

"Holding Expo 2020 in Dubai will remind the world that the Middle East is a region with potential and dynamism, a source of innovation for generations past, present and future," wrote Cameron.
10:09 GMT

"On November 27, delegates from around the world will meet to decide the venue for Expo 2020. I believe they should choose Dubai. Let me explain why," said Cameron.

As part of the stimulus, LE2.5 million will be allocated to renovating roads and bridges, LE1.6 billion to paving roads nationwide, and LE557 million to complete 15 roads under the supervision of Egypt's Central Agency for Reconstruction.
09:43 GMT

Egypt's new economic stimulus package will include billions of pounds in infrastructure and sanitation investments, according to a breakdown released by Finance Minister Ahmed Galal in a meeting with economists from Egyptian political parties.

Dubai Chamber rewards top exporting companies
09:21 GMT

As part of its efforts to encourage strong export performance among its members, Dubai Chamber of Commerce and Industry recognised four companies as SME Exporters of the Month stretching from June to September 2013.

October 27, 2013

During the CSR Label Ceremony
05:17 GMT

The Dubai Chamber of Commerce and Industry honoured 11 major organisations for their corporate social responsibility and sustainability efforts during a recognition ceremony held at its premises recently.

October 24, 2013

He said that the committee in charge of studying the problem of laid off workers at the time of the global economic crisis found that the number of Kuwaiti citizens working for the private sector, ostensibly affected by the crisis, was not as high as once thought.
13:26 GMT

Up to KD 18.5 million have been paid out to citizens laid off from jobs in the private sector, covering the period from August 2008 to October 2013

The cost of capital projects that need to be implemented to integrate Syrian refugees for a three- to five-year stay is estimated at around $870 million.
10:34 GMT

“The heavy presence of Syrians in the local market is the direct reason behind the increase in unemployment rates this year,” Saif said.

October 23, 2013

President Hassan Rouhani inherited an economy in recession as international sanctions against the country weakened its currency and accelerated inflation to about 40 percent in September.
11:03 GMT

Meanwhile, Iranian First Vice President Es’haq Jahangiri has said that bad loans of the Iranian banking system amount to 700 trillion rials (about $28 billion

Dubai Exports
10:26 GMT

Dubai Exports has taken 27 local exporters to Azerbaijan to participate in BakuBuild, billed as the largest exhibition for construction and related sectors anywhere in the CIS and Eastern Europe.

Dubai Chamber
09:32 GMT

A recent Dubai Chamber study released on the sidelines of Gitex 2013, revealed that the market for consumer electronics is likely to remain strong in the wake of lifestyle changes region-wide.

October 22, 2013

Kerry thanked Qatar's ruler and people as well as the minister for their economic support of the Palestinians and said other Arab states are expected to follow their example.
15:09 GMT

Qatar has agreed to provide $150 million in debt relief to the Palestinian Authority, U.S. Secretary of State John Kerry announced Monday.

Ibn home
11:42 GMT

The Dubai Chamber of Commerce and Industry announced that its recent launch of the International Business Network is proving a strategic tool for promoting Dubai’s investment environment.