Economy & Trade

Featured Story:

However food waste is not unique to Saudi Arabia, low income and developed countries face problems in waste.
July 9, 2014 - 18:47 GMT
Saudi Arabia is the world’s top food importer, and also rated as one of the worst wasters.

July 11, 2013

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.

July 10, 2013

The trade volume between Jordan and India has currently exceeded JD1 billion
15:55 GMT

Industry and Trade Minister Hatem Halawani on Tuesday held talks with India’s Minister of State for Chemicals and Fertilisers Srikanta Kumar Jena on ways to boost bilateral cooperation between the two countries.

The government has extended credit lines to industrialists and allowed limited currency transfers at a rate of about 200 pounds to the dollar
12:54 GMT

The Syrian government is cracking down on black-market currency exchange businesses and individuals.

The aid is a clear sign of shifting policies among the wealthy Gulf nations toward Egypt.
11:47 GMT

Saudi Arabia pledged $5 billion in grants and loans to Egypt's new government on Tuesday.

Screenshot of Google's Ramadan homepage
11:26 GMT

Google is one of several brands to announce special services for the Holy Month, with the unveiling of a dedicated “hub,” according to a statement by the internet giant issued today.

South Africa’s exports to the UAE primarily constitute agricultural products, machinery, automotive parts, gold, raw diamonds and financial services
09:28 GMT

The total bilateral trade between South Africa and the UAE is valued at approximately $3 billion (Dh11 billion).

July 9, 2013

Photo taken from Cloisall promotional website
10:58 GMT

Cloisall, a leading UAE-based interiors contractor operating in the mid-to high-end luxury space, has secured new fit-out projects worth Dh150 million ($41 million) across the emirates.

Photo used for illustrative purposes
10:42 GMT

Iran exported more than one million tons of oil products in the past Iranian calendar year, which ended on March 20

Photo used for illustrative purposes (Source: Wikimedia Commons)
10:32 GMT

Eight pest control companies in Dubai have been shut down recently for using banned pesticides at homes

Egyptian supporters of deposed president Mohamed Morsi (portrait) wave their national flag as they attend a rally in support of the former Islamist leader outside Cairo's Rabaa al-Adawiya mosque on July 8, 2013. (Source: AFP/ MAHMUD HAMS)
10:17 GMT

New York crude prices soared to a 14-month high during the weekend, as political tension in Egypt continued to shake confidence in consistent supplies from the Middle East.

Etihad promotional photograph
10:09 GMT

Etihad Airways, an Abu Dhabi government-owned carrier, said second-quarter revenue jumped 7 percent on the year to reach $1.33 billion (Dh4.9 billion)

A man and woman look out at the Doha Skyline (Albawaba/J. Zach Hollo)
09:37 GMT

Qatar National Vision 2013 and programs such as Q2022 are focusing on leaving a legacy for the upcoming World Cup

Nadia Abdullah Kamali delvers her speech during the ceremony
09:08 GMT

Dubai Customs concluded a training programme qualifying and preparing 2nd and 3rd line managers for future leadership roles by celebrating the graduation of the first batch of such ambitious programme.

July 8, 2013

Photo used for illustrative purposes
10:01 GMT

The discovery means the Jewish state could suck up Lebanese gas through horizontal or vertical drilling

Dubai night skyline (Source: Wikimedia Commons)
07:52 GMT

Emirates NBD appoints new Chief Investment Officer of Wealth Management Division