Economy & Trade

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Abu Dhabi's economy continues to expand in all sectors including tourism, retail and real estate (Image: Gobash)
The UAE's economy is continuing go grow in both the retail and real estate markets, which means there is room for more investment.

July 4, 2013

Dubai World Central
12:40 GMT
(press release)

The Business Park organized an educational seminar aimed at highlighting the state-of-the-art facilities and strategic advantages that the Business Park offers to companies from diverse sectors.

The bilateral trade between India and UAE stood at $180 million per annum in the 1970s but today it is close to $75 billion
06:37 GMT

Top officials from the UAE Ministry of Finance will hold bilateral investment promotion agreement (BIPA) discussions with its Indian counterparts.

July 3, 2013

Photo for illustrative purposes (Source: Wikimedia)
11:06 GMT

The number one oil exporter in the world establishes 70 centers for green energy, such as solar, wind, waste-conversion, and geothermal

Azadi Tower, Tehran (Source: Wikimedia/Nima Moghaddam)
10:36 GMT

As sanctions choke the Iranian economy, human capital is exported

Zabeel Park, Dubai (Source: Wikimedia/Ranjit Laxman)
10:02 GMT

Non-oil producing private sector companies in the UAE reported increased output and new order levels in June, a purchasing managers’ survey showed on Tuesday.

Empty tables are seen in a restaurant on the Beirut's corniche, with a sea view of the capital's landmark Pigeon's Rock, which was once crowded by tourists mainly from the Gulf states at this time of the year (Source: AFP/JOSEPH EID)
09:40 GMT

Political unrest stalls the Lebanese market, which has not contracted since 1989

Chef Middle East serves over 1,000 customers in the UAE, Qatar, and Oman. (Photo source: promotional website)
07:01 GMT

Abu Dhabi’s leading investment firm Gulf Capital has acquired Chef Middle East, an importer and distributor of specialty and fine food products.

July 2, 2013

(Promotional photograph)
10:36 GMT

The Zoom has 16MP CMOS Sensor, OIS and Xenon Flash with the very latest Samsung Galaxy S4 technology

A.T. Kearney FDICI is a regular measure of senior executive sentiment at the world's largest companies (Photo Source: Wikimedia/Continentalis)
08:59 GMT

According to this year's A.T. Kearney Global Foreign Direct Investment Confidence Index, the playing field is becoming leveled between developing and developed nations.

Photos from scenic destinations of Fars province, Iran (Source: Wikimedia)
08:16 GMT

Despite a diminishing reputation on the geopolitical stage, Iran manages to draw $8 billion in tourism

National Industrialization Company factory (Source: TASNEE official website)
06:47 GMT

The Kingdom's production of plastic reached over 1.7 million tons last year

July 1, 2013

Egyptian protesters walk past graffiti against President Mohamed Morsi on the wall of the presidential palace in Cairo on July 1, 2013. (Source: AFP/GIANLUIGI GUERCIA)
11:41 GMT

Experts say the IMF loan Egypt is pursuing will hurt women and those in poverty

Iraq is Iran’s main trading partner for non-oil goods (Source: Wikimedia/Izzedine)
11:01 GMT

After negotiations following Iraq's announcement to discontinue cement imports from Iran, the deal is back on the table

Saudi Arabia is the number one oil producer in the world
10:02 GMT

Still, to cope for summer heat and Ramadan traffic, Saud Arabia will have to import diesel fuel

During the event
09:52 GMT

Dubai Customs held a seminar titled “Art of Personal Financial Management” presented by Salah S. AL-Halyan, the consultant and financial planning expert.