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 8, 2013

(Source: Etihad's facebook page)
07:36 GMT

Indian civil aviation minister Ajit Singh is understood to have threatened to quit in the wake of the contentious Jet-Etihad dead.

(Source: AFP)
07:05 GMT

Measures include reconsidering prices of imported production requirements, promotion of national exports and diversification of the economy base

Dubai skyline (Source: Wikimedia Commons)
06:54 GMT

As many countries across the region face turmoil, Dubai welcomes a slew of luxury home buyers

July 7, 2013

Dubai's twisted Cayan Tower (source: Wikimedia Commons)
13:21 GMT

Experts discussed ways to encourage small and medium businesses in the science and tech arena.

Iran’s cement exports touched 13.5 million tons in the last one-year period. Photo used for illustrative purposes (Source: Wikimedia/Oussama zrafi)
08:39 GMT

Amid crippling economic sanctions, Iran's mineral and industrial exports grow by 23 percent

Photo used for illustrative purposes (Source: Wikimedia commons)
08:28 GMT

A recent Israeli discovery of a new gas field 4 kilometers away from the Lebanese coast means Israel could easily siphon off Lebanon’s gas wealth.

The Saudi stock exchange (Source: AFP file photo)
08:07 GMT

The market capitalization of eight real estate companies listed on Saudi stock market (Tadawul) is estimated at SR 74 billion ($19.73 billion)

Symbol created in the 1930s by the British advisor to the King of Bahrain (then emir) -- updated, with five white "valleys" representing the five pilars of Islam (Source: Wikimedia commons)
07:34 GMT

A luxury apartment development sells out in in only three days, boding well for Bahraini real estate

Symbol created in the 1930s by the British advisor to the King of Bahrain (then emir) -- updated, with five white "valleys" representing the five pilars of Islam (Source: Wikimedia commons)
07:33 GMT

A luxury apartment development sells out in in only three days, boding well for Bahraini real estate

July 4, 2013

Trading on Egypt's Stock Exchange was suspended after President Mursi was ousted by the army
13:53 GMT

The Egyptian stock market suspended trading minutes after the opening on Thursday, after the main index leapt 6.4 percent on hopes for economic and political stability after Wednesday's takeover of the country by the army.

Dubai World Central
12:40 GMT
(press release)

The Business Park organized an educational seminar aimed at highlighting the state-of-the-art facilities and strategic advantages that the Business Park offers to companies from diverse sectors.

The bilateral trade between India and UAE stood at $180 million per annum in the 1970s but today it is close to $75 billion
06:37 GMT

Top officials from the UAE Ministry of Finance will hold bilateral investment promotion agreement (BIPA) discussions with its Indian counterparts.

July 3, 2013

Photo for illustrative purposes (Source: Wikimedia)
11:06 GMT

The number one oil exporter in the world establishes 70 centers for green energy, such as solar, wind, waste-conversion, and geothermal

Azadi Tower, Tehran (Source: Wikimedia/Nima Moghaddam)
10:36 GMT

As sanctions choke the Iranian economy, human capital is exported

Zabeel Park, Dubai (Source: Wikimedia/Ranjit Laxman)
10:02 GMT

Non-oil producing private sector companies in the UAE reported increased output and new order levels in June, a purchasing managers’ survey showed on Tuesday.