Economy & Trade

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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 11, 2013

Inflation in Egypt continues to creep up
10:47 GMT

Egypt's monthly inflation rate was once again on the rise in March, increasing by 0.8 percent to 8.2 percent.

April 10, 2013

Qatar is to provide $3 billion  to cash-strapped Egypt
12:46 GMT

Qatar will extend $3 billion to Egypt in the coming days, the Qatari prime minister announced on Wednesday

Abu Dhabi's inflation remained at a steady 1.1 per cent in the first quater of 2013
12:09 GMT

The consumer price inflation rate in the emirate of Abu Dhabi was 1 per cent in March, while the inflation rate during the first quarter of 2013 was 1.1 per cent, new statistics show.

April 9, 2013

17:07 GMT

After being handed over from UAE questions rise about mafia boss kalashov

 John Kerry has said he will work with Israel and Palestinian leaders in an effort to revive the West Bank's economy
13:37 GMT

The US Secretary of State, John Kerry, said on Tuesday that he will work with leaders from Palestine and Israel to revive the West Bank's ailing economy

Egypt has cancelled planned tax changes, according to sources
10:35 GMT

Egypt has cancelled a controversial proposal to tax share dividends and gains made in takeover deals

Lebanon's main stock exchange took a boost from the appointment of  Tammam Salam as the country's new PM
10:08 GMT

The Beirut Stock Exchange rose for a second trading day Monday as Solidere stocks gained on the appointment of Prime Minister Tammam Salam.

April 8, 2013

Syrian conflict has caused the country's economy  to suffer an almost 100 per cent decline in foreign trade in 2012 (DIMITAR DILKOFF / AFP)
14:06 GMT

The conflict in Syria caused the country to suffer an almost 100 per cent decline in foreign trade in 2012

The Palestinian economy is expected to grow by five per cent
03:43 GMT

The Palestinian economy is on track for 5 to 6 percent growth this year as a shortfall in international aid continues to take its toll, according to a senior minister.

April 7, 2013

Egypt is expected to increase the size of its loan from the IMF to help cover its booming budget deficit
11:36 GMT

Egypt is to increase the size of its $4.8 billion loan from the International Monetary Fund, according to the country's planning minister.

During the workshop
11:25 GMT

Department of Municipal Affairs held a workshop with the contractors in the Emirate of Abu Dhabi highlighting the Classification system and the requirements to comply with the new system.

Oman is set to move to a Friday-Saturday weekend
09:44 GMT

Oman is set to move to a Friday-Saturday weekend, reducing the gap for businesses and large parts of the region.

Middle East and North Africa (Mena) region’s resource-poor economies are set for another tough year
07:50 GMT

The Gulf economies are likely to grow on average at 3 per cent this year, which is close to the historical trend, new research suggests.

South Sudan offers foreign investors scores of opportunities in different fields
07:43 GMT

Many investors from the oil and gas-rich Gulf region are showing interest in investing in South Sudan, the “youngest” country in the world, a top executive in a Dubai-based investment bank claims.

DWC Business Center
07:31 GMT
(press release)

Dubai World Central has inaugurated the DWC Business Center, a fully equipped business complex offering a wide range of smart office solutions, including dedicated and shared desk options.