Economy & Trade
February 20, 2013
The nominal gross domestic product (GDP) of Gulf region reached a new record high of $1.56 trillion in 2012, up from $1.44 trillion the previous year on the back of resilient oil prices and record exports, said a leading economist.
Saudi Arabia’s gross domestic product at current prices increased by a massive 31 per cent, according to new statistic released yesterday.
Egyptian prosecutors have referred former prime minister and presidential candidate Ahmed Shafiq, his three daughters and 10 other accomplices to trial for embezzling public funds in the 'pilots housing' case.
The Business Registration & Licensing (BRL) sector within the Department of Economic Development, Dubai, recently held a meeting with representatives of its authorised Customer Service Centres (CSC).
February 19, 2013
Ministry of Finance held a special ceremony in Dubai to honor its key and strategic partners of the UAE governments for 2012.
Lebanese agricultural exports rose by 14 percent in 2012 despite the volatile situation in the region, the head of the Investment Development Authority of Lebanon said Monday.
The UAE has granted Bahrain $2.5 billion to help fund development projects.
Turkey's Foreign Minister, Ahmet Davutoglu, called on Turkish businessmen to invest in the Middle East and North Africa.
Dubai Chamber of Commerce and Industry unveiled its newly-redesigned website www.dubaichamber.com.
The size of India's investments in Egypt is expected to be doubled through 50 Indian companies working in different fields in Egypt, Indian Ambassador to Egypt Navdeep Suri said on Monday.
The Community Development Authority launched the 2nd Student Competition for Human Rights under the slogan, ‘A generation aware of its rights’.
Egyptian President Mohamed Mursi on Monday decided to present a draft law to the Shura Council to restore the free zone to Port Said.
The European Bank for Reconstruction and Development (EBRD) on Monday officially launched its operations in Jordan by opening a permanent office in Amman.
In its latest country report on Lebanon the Economist Intelligence Unit forecast economic growth in 2013 at 1.8 percent.
The EU governments on Monday extended sanctions against Syria for a further three months but said they would amended an arms embargo to provide more non-lethal support and technical assistance to protect civilians.