Economy & Trade
October 11, 2012
Under new decree, those keeping tabs on Egypt's state spending will have the right to refer lawbreakers directly to prosecution, according to the Justice Minister.
Yemen is to send a delegation to the annual IMF/World Bank meeting being held in Tokyo, Japan, this weekend.
Dubai Chamber of Commerce and Industry hosted a roundtable discussion for the transport and logistics sectors at its head office.
Saudi Arabia is prepared to weather the economic storm, should the continuing global financial crisis laps at the shore of the Kingdom.
Economic success in a nation can only be gaged through notions of 'human development', a system designed by Amartya Sen to highlight the real development through non-economic factors.
Holding the World Economic at the Dead Sea in Jordan shows that the country is "stable" and has is secure, despite worries over economic reform in the Kingdom
October 10, 2012
Inflation in Egypt has eased to 6.3 per cent as the economy remains sluggish despite government attempts to boost confidence
The DED in Dubai has announced it is fully prepared to implement the directive of His Highness Sheikh Mohammed Bin Rashid Al Maktoum to extend ‘Eid in Dubai’ festivities to two weeks.
The International Monetary Fund has said that Jordan's economy will grow by three per cent in in 2012, with the growth continuing for the next five years, although some wonder where this growth will come from as the global economy shrinks.
Iran, still facing a currency crisis and potential conflict with Israel, has warned the UAE over a small group of disputed islands in the strategic Strait of Hormuz. Iran claimed them in 1971 and has said their sovereignty is 'non-negotiable'.
Jordan's public debt has ballooned to AED 69.6 billion (18.7 billion US dollars), with loans from banks and international lenders increasing.
October 9, 2012
The long-awaited IMF loan to Egypt could be completed by the end of October, Egyptian Prime Minister Hisham Qandil has said.
Dubai eGovernment has collected over AED 3.2 billion in the last nine months through its ePay service.
Dubai Gold and Commodities Exchange registered its highest ever monthly volumes in September, reaching 971,675 contracts, a 100% increase from the same month last year.
Sudan is seeking to strengthen economic ties with Nigeria in an effort to boost its economy.