Economy & Trade
December 11, 2013
The Pacific Alliance, a new Latin American economic bloc that accounts for 26 per cent of Dubai’s overall trade with the region, made its Gulf debut with an official launch in Dubai on Tuesday.
Dubai Customs won the "New Market Solution Award" for the applications that were developed and employed during the WCO IT Conference and Exhibition.
December 10, 2013
Egypt’s annual urban consumer inflation rose to 13 percent in November
Under the patronage of the Department of Economic Development and Dubai FDI have officially launched ‘The Pacific Alliance’.
December 9, 2013
His Excellency Ahmed Butti Ahmed, Executive Chairman of Ports, Customs and Free Zone Corporation, and Director General of Dubai Customs, received H.E Tang Weibin, Chinese Consul General in Dubai.
The sixth edition of the Riyadh Economic Forum will commence in KSA's capital Monday evening. The three-day conference will discuss the future of the Saudi Arabian economy and outline strategies to boost the country's development overall.
Dubai’s non-oil foreign crossed the Dh1 trillion (USD $272 billion) threshold during the first nine months in 2013
December 8, 2013
Kuwait's inflation reached a nine-year low in October at a modest 2.7 percent, despite excessive consumer spending in recent months.
Initial public offerings are set to be revived in the Middle East and North Africa (MENA) as conditions in the capital markets improve, a new report by Ernst and Young said.
For private Gulf Arab investors, whose businesses in Egypt faced legal challenges after Mubarak's overthrow, a return will only come with guarantees that their money will be safe.
The draft budget for 2014 shows an increase in spending by JD920 million over the 2013 budget, taking government spending to JD8.096 billion.
December 5, 2013
Abu Dhabi’s Khalifa Fund for Enterprise development has signed an agreement to provide $200 million to Egypt’s Social Fund for Development (SFD) to support the development of small enterprises.
Yemen joined the World Trade Organization Wednesday after 13 years of negotiations with the global trade group.
UAE Ministry of Economy Sultan bin Saeed Al Mansouri called on delegations at the World Trade Organization meeting Thursday to deliver a balanced deal that "servers the interests of developed, developing and least developed countries alike."
Kuwait is due to receive approximately $744 million in a few days from the United Nations Compensation Commission (UNCC) for disbursement in environmental rehabilitation