Economy & Trade

Featured Story:

The issue of Saudi's SMEs has been debated over the last few years (File/AFP)
April 17, 2014 - 17:39 GMT
Small and medium enterprises (SMEs) are set to contribute 37 percent to Saudi Arabia's GDP but should the Kingdom look elsewhere for investment?

April 21, 2013

Russia is yet to decide whether it will offer Egypt a $2 billion loan (AFP PHOTO / HO / EGYPTIAN PRESIDENCY PRESS OFFICE)
10:40 GMT

No agreement has been reached on a $2bn loan from Russia following President Mohamed Morsi’s visit to the country, said Minister of Industry and Foreign Trade Hatem Saleh on Friday

Omar Bushahab, Chief Executive Officer of Commercial Compliance and Consumer Protection (CCCP) sector in DED
10:22 GMT

Optimism is running deep while better job prospects and a brighter outlook on personal finance are driving more spending on leisure and entertainment, according to findings in the latest Consumer Confidence Survey conducted by DED.

Jordan's new poverty plan has been slammed as "inadequate"
08:37 GMT

Jordan's new plan to combat poverty in the country has been slammed as "inadequate".

Dubai Trade
08:18 GMT

Demand for the electronic services offered by Dubai Trade, the leading facilitator of trade across borders under Dubai World, has considerably surged in the past 12 months.

Kuwait’s real GDP growth to have grown steadily by 5.2% for 2012
08:05 GMT

New research suggests that Kuwaiti GDP will be pegged at 4.5 per cent until 2014.

Egypt's negotiations with the IMF are not over, according to IMF chief Christine Lagarde
03:39 GMT

Negotiations between Egypt and the International Monetary Fund are not over yet, IMF chief Christine Lagarde told reporters in Washington on Thursday.

April 19, 2013

Oil industry
19:32 GMT

The Arab rich oil countries' (KSA, Kuwait, UAE and Qatar) income from exporting oil and gas reached $669 billion in 2012

April 18, 2013

Turkey will transfer the remaining US$1 billion of a $2 billion loan to Egypt in two months, according to sources
12:31 GMT

Turkey will transfer the remaining US$1 billion of a $2 billion budget support package agreed for Egypt last year within the next two months, Turkish economy officials and banking sources said on Wednesday.

Paying back debts is hurting Egypt's' debt
11:11 GMT

Egypt's debt-servicing bill is set to jump by almost a third in the next fiscal year, hampering the government's ability to boost economic growth from the slowest pace in two decades.

Dubai Gold & Commodities Exchange
05:50 GMT
(press release)

The Dubai Gold and Commodities Exchange achieved total volumes of over 100,000 contracts in a single day for the first time this week.

Egypt’s poor need to be compensated in cash transfers for the removal of subsidies, the IMF has said
03:47 GMT

Egypt’s poor need to be compensated in cash transfers for the removal of subsidies, said an official from the International Monetary Fund (IMF) at a press conference in Washington on Tuesday.

April 17, 2013

A delegation from Egypt is heading to Cairo for the semi-annual meetings with the IMF and World Bank
12:34 GMT

A high-level delegation of Egyptian officials left Cairo on Wednesday, bound for Washington DC to take part in the semi-annual meetings of the International Monetary Fund (IMF) and World Bank later this week.

Inflation on the rise in Saudi Arabia
09:23 GMT

Inflation in Saudi Arabia rose by 3.9 per cent in March compared to the same month the previous year

As protests continue in the run up to the Formula One, new figures show that the event has generated $1.3 billion for Bahrain (MOHAMMED AL-SHAIKH / AFP)
09:01 GMT

As protests increase in the run up to the Bahrain Gran Prix, new figures show that the race has generated $1.3 billion for the small island nation in the nine years since it first hosted the race.

During the visit
05:55 GMT
(press release)

Ministry of Finance received a delegation from the Ajman Department of Finance.