Economy & Trade
January 17, 2013
Saudi Arabia will send the cash-strapped Palestinian Authority $100 million to help alleviate its financial crisis, the official Palestinian news agency WAFA reported.
Jordan and Iraq have discussed the possibility of setting up an economic free zone between the two countries.
The Dubai Chamber of Commerce and Industry is all set to announce the 7th round of the Mohammed Bin Rashid Al Maktoum Business Award 2013.
Inflation in the UAE rose by just over half a percentage point, according to the annual report released yesterday by the National Bureau of Statistics.
Two new governorates in Egypt have been added to the Qualifying Industrial Zones (QIZ) agreement, in a move to try and boost the ailing economy.
The World Bank revised Lebanon’s real GDP growth for last year downward from 2.8 percent to 1.7 percent.
Department of Economic Development has released the second edition of the ‘Blue Book’ on laws governing relations between retailers and customers across key business sectors.
January 16, 2013
The World Bank has predicted Egypt's economy will grow by 2.6 per cent in the fiscal year 2012/13, a significantly lower figure than estimated by the Egyptian government.
Qatar's prime minister has said his country does not want to see Egypt go bankrupt, as the country faces a currency crisis and a stalling economy.
Egyptian stocks on Tuesday were adversely impacted by Monday night's rail disaster in which 19 passengers were killed and more than 120 injured.
January 15, 2013
Jordan's Consumer Price Index (CPI), one of the main measures of overal inflation, increased by 4.8 per cent in 2012, new statistics reveal.
Ministry of Finance signed a Memorandum of Understanding with Injazat Services.
Interim Tunisian PM Hamadi Jebali met with Palestinian President Mahmoud Abbas and stressed that he will encourage Arab leaders to support the PA financially.
The Islamic Development Bank signed agreements with Egypt yesterday, worth more than $388 million, to build a new power plant and boost the economy.
January 14, 2013
Kuwait has revealed a budget surplus of $52 billion in the first eight months of the fiscal year, buoyed by strong oil revenues .