Economy & Trade

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The overall OPEC share of total global production in 2013 averaged at 43.4 percent, slightly lower than in 2012, when it was 44.6 percent
July 24, 2014 - 10:22 GMT
OPEC member countries exported 4.5 mb/d of petroleum products in 2013, with the largest share devoted to Asian and Pacific countries (3.1 mb/d or 68.5 percent)

July 18, 2013

Saudi Arabia topped the list of importers of Egyptian food products during the first half of 2013
06:52 GMT

Egypt succeeded in exporting 300 food products to the US, with annual sales of Egyptian food exports in US exceeding EGP 500m.

July 17, 2013

During the workshop
11:01 GMT

The Customs Training Centre at Dubai Customs introduced the first workshop of its kind in the region on diesel derivatives measurement.

Dubai Chamber of Commerce and Industry
10:31 GMT

Dubai Chamber of Commerce and Industry recorded solid and consistent growth across all its operations, with its members’ exports and re-export activities increasing by 7%, compared to the same period in 2012.

July 16, 2013

GCC states depend heavily on desalinated water
15:55 GMT

Efforts are under way to link the Gulf Cooperation Council states with a water pipeline at a cost of $1 billion.

Omar Bushahab explaining new device
10:56 GMT

Department of Economic Development has launched a website and smart phone application (App) to make daily shopping easier for consumers.

The Ramadan promotion at the cooperative includes 400 items that are offered at a discounted price of up to 50 per cent
06:41 GMT

The Ministry of Economy has been visiting various hypermarkets across the country to ensure that companies are not hiking prices during Ramadan.

July 15, 2013

A decision was made that Pakistan would provide the wheat and rice instead of cash and Tehran has agreed to it
11:55 GMT

Iran has agreed to barter wheat worth $9 million from Pakistan in relation to Pakistan's debts for electricity supplied by Iran.

During the event
11:27 GMT

Dubai Chamber of Commerce and Industry honoured 11 major organisations for their efforts to lead by example in corporate social responsibility and sustainability.

The consumer price inflation was 0.9 per cent during the first half of 2013
06:39 GMT

Consumer price inflation in Abu Dhabi and across the UAE is low and well under control, Dr Hashem Al Nuaimi, Director of Customer Protection Department at the Ministry of Economy said yesterday.

July 14, 2013

Dubai Customs
10:51 GMT

Dubai Customs continues its efforts in facilitating trade activities of foodstuff during the holy Month of Ramadan.

Nearly 40 per cent of Egyptians live under poverty line
10:44 GMT

Egypt’s deteriorating economy was believed to be among the main reasons behind January 25, 2011 revolution which ousted former president Hosni Mubarak.

Aqaba Container Terminal
08:45 GMT
(press release)

Aqaba Container Terminal announced the release of its second sustainability report, titled, “The Most Sustainable Gateway to Jordan and Beyond”.

Ahmed Mahboob, Executive Director of Clients Management at Dubai Customs
06:34 GMT

In 4 separate seizures, Dubai Customs inspectors at Cargo Village foiled bids to smuggle a big quantity of heroin weighing 16.2 Kg.

July 11, 2013

Total value of goods imported to the Kingdom last year reached SR 587.8 billion
13:55 GMT

The Customs Department said yesterday that it made SR 22.25 billion in revenues last year, 13.5 percent more than the revenue of 2011.

Consequences from higher income taxes in Jordan
07:55 GMT

A recent study conducted by the Amman Chamber of Commerce showed that amending the income tax rate would threaten the business environment in the Kingdom.