Economy & Trade

Featured Story:

It is a concern to see corruption and bribery become more widespread than ever in Turkey.
November 27, 2014 - 22:40 GMT
The Turkish Industrialists and Businessmen's Association (TÜSİAD) shared the results of a public survey on Wednesday that shows corruption to be on the rise in the country.

July 18, 2013

Cyprus has agreed to cut its budget deficit to 2.4 percent of gross domestic product in 2016, from an estimated 5.9 percent this year
13:55 GMT

Cyprus’ international lenders began reviewing how the island is meeting the conditions of its 10 billion euro bailout Wednesday, looking to see whether it should get the next tranche of aid.

Ramadan Campaign
11:56 GMT
(press release)

Dubai Electricity and Water Authority has launched an awareness campaign during Ramadan to promote rational electricity consumption under the slogan, “This Ramadan, let your good deeds outweigh your consumption.

Tax exemption up to 80 percent are being offered to investments in the industry and mine sector
10:55 GMT

Iran’s tax revenues are forecasted to amount to 450.8 trillion rials (about $18.1 billion) in the current Iranian calendar year.

Saudi Arabia topped the list of importers of Egyptian food products during the first half of 2013
06:52 GMT

Egypt succeeded in exporting 300 food products to the US, with annual sales of Egyptian food exports in US exceeding EGP 500m.

July 17, 2013

During the workshop
11:01 GMT

The Customs Training Centre at Dubai Customs introduced the first workshop of its kind in the region on diesel derivatives measurement.

Dubai Chamber of Commerce and Industry
10:31 GMT

Dubai Chamber of Commerce and Industry recorded solid and consistent growth across all its operations, with its members’ exports and re-export activities increasing by 7%, compared to the same period in 2012.

July 16, 2013

GCC states depend heavily on desalinated water
15:55 GMT

Efforts are under way to link the Gulf Cooperation Council states with a water pipeline at a cost of $1 billion.

Omar Bushahab explaining new device
10:56 GMT

Department of Economic Development has launched a website and smart phone application (App) to make daily shopping easier for consumers.

The Ramadan promotion at the cooperative includes 400 items that are offered at a discounted price of up to 50 per cent
06:41 GMT

The Ministry of Economy has been visiting various hypermarkets across the country to ensure that companies are not hiking prices during Ramadan.

July 15, 2013

A decision was made that Pakistan would provide the wheat and rice instead of cash and Tehran has agreed to it
11:55 GMT

Iran has agreed to barter wheat worth $9 million from Pakistan in relation to Pakistan's debts for electricity supplied by Iran.

During the event
11:27 GMT

Dubai Chamber of Commerce and Industry honoured 11 major organisations for their efforts to lead by example in corporate social responsibility and sustainability.

The consumer price inflation was 0.9 per cent during the first half of 2013
06:39 GMT

Consumer price inflation in Abu Dhabi and across the UAE is low and well under control, Dr Hashem Al Nuaimi, Director of Customer Protection Department at the Ministry of Economy said yesterday.

July 14, 2013

Dubai Customs
10:51 GMT

Dubai Customs continues its efforts in facilitating trade activities of foodstuff during the holy Month of Ramadan.

Nearly 40 per cent of Egyptians live under poverty line
10:44 GMT

Egypt’s deteriorating economy was believed to be among the main reasons behind January 25, 2011 revolution which ousted former president Hosni Mubarak.

Aqaba Container Terminal
08:45 GMT
(press release)

Aqaba Container Terminal announced the release of its second sustainability report, titled, “The Most Sustainable Gateway to Jordan and Beyond”.