Economy & Trade

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Eighty-three per cent of world equity market cap is currently supported by zero interest rate policies.
November 20, 2014 - 04:55 GMT
While the year 2014 began with expectations of higher growth, higher yields and higher stocks, it is ending with the reality of lower inflation, lower yields and higher stocks

September 23, 2014

Younis Mohammed Othman, Director of Information Technology Department at Dubai Customs
05:26 GMT

Dubai Customs continues developing its smart services to ensure smooth and fast completion of customs transactions.

September 22, 2014

Cancellation of the tournament will have an impact on the country's economy, particularly the construction sector,
18:45 GMT

The 2022 World Cup will not be held in Qatar because of the scorching temperatures in the Middle East country, Fifa executive committee member Theo Zwanziger said on Monday.

During the event
06:07 GMT

Dubai Customs and the General Directorate of Residency and Foreigners Affairs, Dubai (GDRFA) celebrated on Sunday evening, 21st September, 2014, a joint mass wedding for 83 employees from both departments.

September 21, 2014

Mr. Essa Al Zaabi, Senior Vice-President, Institutional Support Sector, Dubai Chamber
09:04 GMT

The Dubai Chamber of Commerce and Industry will train Chinese graduates over the next seven months.

Ahmed Mahboob Musabih receiving Giovanni Favilli
08:25 GMT

Ahmed Mahboob Musabih, Director of Dubai Customs, held a meeting in his office with Consul General of Italy Giovanni Favilli. They discussed ways to boost Dubai-Italy trade and economic ties further.

September 18, 2014

But Egypt wants long-term investments to improve the country's economy, which has been suffering ever since an uprising toppled President Hosni Mubarak in 2011.
01:23 GMT

Egypt's finance minister is predicting growth rates of up to 6 percent within three years, which would mark a major turnaround following three years of political turmoil that has crippled the economy.

September 17, 2014

Growth, spurred largely by international donor funds, has been decelerating since 2012 and slowed to less than 2 percent in 2013.
16:11 GMT

Its report, issued three weeks after a truce, said a strong world response to rebuilding needs could ultimately spur economic growth.

Hisham Al Shirawi, 2nd Vice-Chairman, Dubai Chamber
11:46 GMT

Dubai Chamber of Commerce and Industry organised a three-day Azerbaijan Bankers Trade Mission to Dubai from September 16 to 18.

September 16, 2014

Dubai Customs Director instructs staff to grant passengers friendly welcome
08:42 GMT

H.E. Ahmed Mahboob Musabih, Director of Dubai Customs, expressed DC’s commitment to providing all the operational requirements to cope with for the current development and expansion taking place at Al Maktoum International Airport.

September 15, 2014

“Ismaik has finalised the sale of a stake in Arabtec to Aabar,” the source told Reuters, declining to elaborate on the size of the stake or the price.
17:10 GMT

Sources say that Hasan Ismaik has finalised the sale of stake in Arabtec to Aabar and the deal will be announced soon.

Commenting on the legitimacy of Parliament’s endorsement, he said MPs are not public sector employees; therefore they are not eligible for pensions.
15:40 GMT

The cost of the lawmakers’ decision, which has enraged the public, is expected to reach around JD6 million a year, a figure that will increase every new parliamentary term, if the law is enacted.

Egypt's trade balance deficit dropped to LE9.09 billion ($1.27 billion) in June 2014, the state-run statistical body CAPMAS reported Monday.
05:55 GMT

The figure represents a 63.5 percent decrease compared to the same month in 2013, when the deficit stood at LE24.88 billion ($3.48 billion).

Al Khalifa said through QBIC’s flagship Lean Startup program, it has supported and launched more than 21 projects that truly showcase entrepreneurs’ potential and progress in Qatar.
04:55 GMT

Qatar Development Bank and Social Development Center have officially announced the launch of the region's largest business incubator.

September 14, 2014

Analysts polled by Reuters in April forecast average inflation in the UAE would accelerate to 1.9 per cent in 2014 and 2.5 per cent in 2015 from 1.1 per cent in 2013, which was the highest level since 2009
14:34 GMT

The housing and utility costs, which account for almost 44 per cent of consumer expenses, jumped 6.2 per cent year-on-year and 0.4 per cent month-on-month in August.

DP World
08:07 GMT

DP World Chairman, and Chairman of Ports, HE Sultan Ahmed Bin Sulayem has met with the President of the Maldives and Minister of Tourism to discuss potential areas of cooperation across various industry sectors.