Economy & Trade
January 27, 2013
Palestinian refugees, who make up approximately ten per cent of the population in Lebanon, will be allowed access to the National Security Fund, according to a statement from the Interior Ministry.
The United Arab Emirates signed an agreement at the World Economic Forum in Davos to hold the Summit on Global Agenda Councils until 2018 in Abu Dhabi and Dubai.
The Finance Ministry and the Canadian Commercial Corporation signed a memorandum of understanding Friday to boost cooperation in infrastructure and investments.
The Department of Economic Development (DED) in Dubai has formed a committee to study requests from GCC nationals to allow them set up partnership firms with foreigners without an Emarati partner.
Dubai eGovernment Department recently organized its first annual gathering where H.E. Ahmad Bin Humaidan, DeG Director General honoured 22 long-time employees for their contribution to Dubai’s eTransformation.
DMA discussed the issue of developing a consolidated Manual of standard operations procedures for the environment, health and safety management system at the level of the municipal system in the Emirate of Abu Dhabi.
A delegation of the International Monetary Fund (IMF) is currently on a visit to Tunisia in the context of a technical assistance program related to the tax collection management domain.
January 24, 2013
Turkey increased its arms exports by almost 36 per cent in 2012, according to the Turkish Defence Industry Exporters Association.
The stock market in Egypt hit a five-month high yesterday in daily turnover.
The Syrian Prime Minister, Dr. Wael al-Halqi, held a meeting to discuss the economic crisis in the country, state media reported yesterday.
The Moroccan economy is expected to grow at 4.5 per cent in the first quarter of this year, after the economy slowed to 2.8 per cent towards the end of 2012.
Egypt and the International Monetary Fund are set to re-enter negotiations over the delayed $4.8 billion loan that analysts say is badly needed to shore up the ailing economy.
January 23, 2013
The Oman economy is expected to maintain strong growth momentum with social spending to rise and fiscal performance to remain favourable over the period from 2013-2015, according to ratings agency Standard and Poor's.
The Egyptian stock market will continue to run, despite a protest by 'Ultras' aiming to force the government over the Port Said stadium disaster.
Saudi Arabia is able to maintain its current level of government spending in the medium term and beyond, Finance Minister Ibrahim Al-Assaf said yesterday.