Economy & Trade

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During the first 10 months of this year Jordan exported 822,000 tonnes of fruit and vegetables
December 24, 2014 - 06:02 GMT
The country’s fruit and vegetable exports during this year increased by 7 per cent, while its sheep exports increased by 15 per cent compared to last year.

October 21, 2013

GITEX
05:35 GMT

Dubai Chamber of Commerce and Industry is showcasing its e-services offered to the private sector through its stand at GITEX Technology Week.

October 20, 2013

Dubai Investments
09:44 GMT

Dubai Investments has pointed out that its pioneering business models across diversified sectors haveachieved healthy growth with a steady demand from new businesses entering the market and renewed confidence amongst the existing players.

Messages sent warn companies and individuals against providing cover to the undocumented expatriates and those overstaying their visa period.
09:28 GMT

Ministries of Interior and Labor have started sending text messages to citizens, companies and establishments warning them against employing illegal expatriates and having financial dealings with them.

DED online services at Gitex Technology
05:53 GMT

The Department of Economic Development in Dubai is participating in the GITEX Technology Week, to be held at the Dubai World Trade Centre 20-24 October 2013.

October 18, 2013

According to the economists, the consumption expenses of Kuwaitis are higher than their savings and investments.
11:09 GMT

Kuwaitis and expatriates spent around KD280 million over the last seven days as part of preparations for the Eid Al- Adha holidays, reports Al-Kuwaitiya daily quoting sources.

October 14, 2013


Sidi Ould Tah, Mauritanian Minister for Economic Affairs and Development, said the educational output is not in harmony with needs of the labour market and this issue requires reconsideration into the educational systems.
10:38 GMT

Governments in the MENA need to create around one hundred million jobs

October 13, 2013

World Bank chief Jim Yong Kim has warned that the US was headed toward peril as politicians failed again to resolve a standoff over the budget and debt ceiling.
22:40 GMT

The global economic recovery continues with improvements in long-lagging advanced economies but moderating growth in emerging markets, the International Monetary Fund’s managing committee has said.

Obaid Humaid Al Tayer, Minister of State for Financial Affairs
09:21 GMT
(press release)

Ministry of Finance organised a separate reception for all UAE banks participating in this important, global event.

October 10, 2013

Western Asia has been the primary destination of UAE assistance for three consecutive years since 2009. Africa received more than 20 per cent of aid last year or Dh1.26 billion.
11:57 GMT

The world’s 16th largest foreign aid donor last year, the UAE spent Dh5.83 billion in grants and loans to 137 countries and regions around the world.

October 9, 2013

“If we hope even in long run, that with sanctions off, the economy would improve, we have been building castles in the air. Even if oil incomes enriched the country, still we will face damages inflicted by oil incomes,” he said.
12:57 GMT

Iran’s minister of economic affairs has said it is false to think of economic improvement when sanctions are eliminated.

The unrest that toppled two leaders in Egypt, removed Muammar Gaddafi from power in Libya and plunged Syria into civil war will lower cumulative economic output in the nations to just above $2 trillion from $2.9 trillion over the four years.
12:38 GMT

Political turmoil that started in Tunisia in 2011 and swept across the Arab world will cost the seven most-affected countries about $800 billion by the end of next year, according to HSBC Holdings Plc.

During a meeting with a delegation of Yemeni businessmen at the Prime Ministry, Ensour stressed the importance that Jordan attaches to Yemen’s security and stability.
09:15 GMT

Given that the commercial activity is still at a minimal, there is still a long way to go.

Economic studies forecast that investing $1 billion in infrastructure projects will create around 110,000 jobs in oil importing countries.
09:02 GMT

Studies conducted by the ESCWA recently revealed that the Arab region needs large investments in the infrastructure sector.

Dubai Customs
07:51 GMT

Dubai Customs, the first 100% Smart Government Department, showcases its latest technological achievements in GITEX 2013.

October 7, 2013

His Excellency Ahmed Butti and His Excellency Mohamed Nasser AL Ghanim during the MOU signing
11:41 GMT

Dubai Customs has signed a memorandum of understanding with the Telecommunications Regulatory Authority to exchange expertise and achieve optimal results in regards to customer service provision.