Economy & Trade

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August 1, 2013

Abu Dhabi Customs
09:59 GMT
(press release)

The Abu Dhabi Customs Academy held the graduation of the seventh batch of the Constitutive Customs Officers Course.

Group photo
07:11 GMT
(press release)

Dubai Electricity and Water Authority honoured the winners of the ‘Go Green’ initiative, which was launched at 15 of DEWA’s offices and branches.

July 31, 2013

Several countries experiencing socio-political upheaval at worst, and fragile economies at best
11:55 GMT

Confidence amongst business leaders in the Mena region rose more than two points in the second quarter of this year to 62.6, its highest level in more than a year, according to a report.

Aqaba Container Terminal
08:53 GMT
(press release)

Under the supervision of its social committee, Aqaba Container Terminal, the world’s gateway to Jordan and beyond, recently concluded the third phase of its Ahl Al Khair (People of Charity) initiative.

DP World
06:49 GMT

DP World Limited handled 26.6 million TEU (twenty-foot equivalent units) across its global portfolio in the first half of 2013.

July 30, 2013

Jordan’s exports to Pakistan totalled JD10 million last year whereas imports from Pakistan totalled JD40 million
09:55 GMT

Jordan Chamber of Commerce President Nael Kabariti and Pakistan’s Ambassador Ahsan Azhar Hayat on Monday discussed ways to develop commercial and economic relations between the two countries.

GCC nations are dependent on imported machinery, raw materials and labour - could lead to lower net profit margins in the industry
08:55 GMT

The GCC contracting industry is witnessing strong growth, which is projected to increase further in the years to come, according to a research report.

July 29, 2013

Oman Projects Forum 2013 presents a detailed overview of the sultanate’s economy
13:55 GMT

Oman is set to see $65 billion worth of turnkey projects awarded between now and 2017, doubling the combined value of projects awarded in the Sultanate in the last five years.

Long-term maturity period loan carries a low interest rate than other international financial institutions
10:55 GMT

Jordan and the World Bank on Sunday signed a $150 million loan agreement to assist the Kingdom with the economic burdens put upon it by hosting hundreds of thousands of Syrian refugees.

July 28, 2013

UAE Humanitarian Day
10:58 GMT
(press release)

Ministry of Finance organised a series of charitable activities and community events in its Abu Dhabi and Dubai premises.

The Department of Economic Development
06:26 GMT

The Department of Economic Development (DED) in Dubai has announced the closure of its Bani Yas branch and has urged customers to use the smart phone App.

July 25, 2013

Sudan's oil was the driver of the economy and source for dollars needed for imports
15:55 GMT

Sudan’s currency has fallen to a record low against the dollar on the black market since South Sudan started reducing cross-border oil flows in a row over alleged support for rebels, dealers said.

Oil was the driver of the economy and source for dollars needed for imports
14:55 GMT

Sudan’s currency has fallen to a record low against the dollar on the black market since South Sudan started reducing cross-border oil flows in a row over alleged support for rebels, dealers said.

Foreign investments in Iran rose by 45 percent in the past Iranian calendar year, which ended on March 20, compared to its preceding year
07:55 GMT

Iran has approved $540 million worth of new foreign investment plans.

Dubai benchmark stock index closed 1.8 per cent lower at 2,515.45
06:36 GMT

UAE markets fell on Wednesday with Dubai's retreat led by real estate and mortgage provider stocks, as investors indulged in profit taking.