Economy & Trade

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GCC currencies
May 19, 2013 - 13:41 GMT
Gulf hydrocarbon producers emerged as the 13th most powerful economy in the world in 2011 while strong oil prices allowed them to become the fifth largest exporter with the highest trade surplus.

October 11, 2012

During the meeting
11:29 GMT

Dubai Chamber of Commerce and Industry hosted a roundtable discussion for the transport and logistics sectors at its head office.

Will Saudi Arabia be able to weather the economic storm?
09:23 GMT

Saudi Arabia is prepared to weather the economic storm, should the continuing global financial crisis laps at the shore of the Kingdom.

Just hot developed is the UAE?
09:06 GMT

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.

Does WEF show Jordan is stable?
08:28 GMT

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 easing in Egypt
11:18 GMT

Inflation in Egypt has eased to 6.3 per cent as the economy remains sluggish despite government attempts to boost confidence

Sami Al Qamzi, Director General of DED
10:25 GMT

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 IMF claims Jordan's economy will grow this year and continue to for the next five years
10:13 GMT

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.

The disputed islands are in the strategic Strait of Hormuz
08:08 GMT

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'.

Worries for the King as public debt increases
06:00 GMT

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

Egypt's IMF deal could be completed by the end of the month
14:33 GMT

The long-awaited IMF loan to Egypt could be completed by the end of October, Egyptian Prime Minister Hisham Qandil has said.

Dubai eGovernment stand at GITEX
12:38 GMT
(press release)

Dubai eGovernment has collected over AED 3.2 billion in the last nine months through its ePay service.

Dubai Gold and Commodities Exchange
09:49 GMT
(press release)

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, especially in areas such as agriculture
06:00 GMT

Sudan is seeking to strengthen economic ties with Nigeria in an effort to boost its economy.

October 8, 2012

Can economists and the private sector come together to reform the Jordanian economy?
14:08 GMT

Economists and business people in Jordan are forming a new group in an attempt to enhance economic reform in the Kingdom.

MoF organises a workshop on public expenditure and financial accountability for the development of the budgeting system
11:55 GMT
(press release)

Ministry of Finance organised a workshop today on public expenditure and financial accountability for the development of the budgeting system at MoF in Abu Dhabi.