Economy & Trade
August 22, 2012
Saudi Arabia remains the largest export and re-export market for Dubai in the first half of the current year, capturing 27 percent of the market totaling AED 36.3 billion.
Lebanon’s economy has suffered a severe blow due to the unrest sweeping the country, president of the Chamber of Commerce, Agriculture and Industry Mohammad Choucair said Tuesday.
August 21, 2012
Global financial lenders are advising countries to prepare for the possibility of higher food bills in the coming months.
A report in Sunday’s New York Times says Iraq has been using a network of financial institutions and oil smuggling operations to help Iran skirt economic sanctions imposed because of its nuclear programme.
August 20, 2012
The government has endorsed a draft investment law and refered it to the Legislation and Opinion Bureau, Industry and Trade Minister Shabib Ammari said on Wednesday night.
August 17, 2012
The Bahrain All-Share Index yesterday closed 0.3 per cent higher to 1,080 points.
August 15, 2012
The Dubai Financial Market (DFM) index consolidated in the positive territory on Tuesday, building on the gains from Monday, buoyed by the positive sentiments on the European markets.
Tree of Light, an in-mall activity at The Dubai Mall, received tremendous response from mall visitors, according to Dubai Cares.
August 14, 2012
The UAE is exploring investment opportunities in Jordan in areas of water, renewable energy, tourism, health, public works, education and other development projects, Minister of Economy Sultan Bin Saeed Al Mansouri, said.
The Ministry of Finance organised a number of charitable activities throughout Ramadan at its Abu Dhabi and Dubai offices.
Stronger optimism among exporters, manufacturers and a number of retailers gearing for busier days ahead are the highlights of the latest quarterly business survey conducted by the Department of Economic Development.
August 13, 2012
The tunnels used to smuggle goods and people between Gaza and Egypt are partially back to work, amid attempts by the Egyptian military to shut them down
The Public Accounts Committee (PAC) in the National Legislative Assembly (NLA) will effective Monday begin the long-awaited public hearing on the Auditor General’s 2007/2008 report, which unearthed massive financial mismanagement in the country.
August 12, 2012
Aqaba Container Terminal, the world’s gateway to Jordan and beyond, recently launched the second phase of its Ahl Al Khair (People of Charity) initiative.
The fiscal surplus of the sultanate widened further to a record RO1.6bn in the first half of this year, as against a surplus of RO386mn in the corresponding period of 2011, latest data released by National Center for Statistics and Information (NCSI) showed.