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?

March 19, 2013

Lebanese trucks used to travel freely between to and from Syria (Daily Star)
07:14 GMT

Border crossings with Lebanon remain shut as exporters told to find another route.

March 18, 2013

An economic slowdown in jordan is reducing consumers spending on food
13:10 GMT

The economic slowdown in Jordan is leading to a decline in consumer spending on food

Sugar is Brazil's biggest export to the Middle East
12:45 GMT

Trade between Brazil and Arab countries grew over 3% in 2012.

An IMF team  has left Cairo after 'positive' talks (File photo)
10:33 GMT

An International Monetary Fund delegation left Cairo on Monday morning after day-long talks with the Egyptian government over a $4.8 billion loan which both parties portrayed as positive.

Jordan's Prime Minister met with the President of the EBRD to discuss increasing cooperation
10:20 GMT

Jordan's Prime Minister-designate Abdullah Ensour and President of the European Bank for Reconstruction and Development (EBRD) Suma Chakrabarti on Sunday discussed ways to boost ongoing cooperation between the Kingdom and the bank.

Economic sanctions against Iran aren't working, officials have said.
10:12 GMT

Tough economic sanctions against Iran has taken a serious toll against its economy, but has not yet produced the kind of public unrest that could force Iranian leaders to change their nuclear policies, officials have acknowledged.

Mohammed Bin Rashid Al Maktoum Business Performance Model
09:26 GMT

Dubai Chamber of Commerce and Industry is conducting an intensive series of two day workshops on the following dates: 19–20 and 26–27 March, and 22–23 April, 2013.

Thousands of refugees entered Jordan from Syria last weekend (Photo UNHCR/B. Sokol)
08:43 GMT

Around 160,000 Syrian refugees are working without proper documentation in Jordan having fled the violence in their home country.

Dubai Gold & Commodities Exchange
08:21 GMT
(press release)

The Dubai Gold and Commodities Exchange (DGCX) today announced its official support for the UAE’s bid to host the 2020 World Expo in Dubai.

March 17, 2013

The IMF is in Cairo for crucial talks over a $4.8 billion loan (File Photo)
11:47 GMT

An International Monetary Fund (IMF) delegation arrived in Cairo late on Saturday to resume talks on a $4.8 billion loan to Egypt, reports state-owned news agency MENA.

During the visit
09:35 GMT
(press release)

A high-level delegation from the trade, business and technology sectors in Seattle, USA, has recently visited Dubai World Central as part of the UAE Business Mission.

US Secretary of State John Kerry expressed his support for the Libyan economy
09:12 GMT

America is committed to establishing economic partnership and to help in creating the necessary conditions that make Libya an attractive destination for foreign investment, US Secretary of State, John Kerry, said last week.

Protestors at Beirut airport call for higher wages (Daily Star)
07:39 GMT

Staff at Beirut international airport will man the barricades with other civil servants if the government doesn't refer the wage scale to Parliament this week.

Egypt’s criminal court acquitted two former Mubarak-era ministers on Saturday of corruption charges
03:32 GMT

Egypt’s criminal court acquitted former ministers of tourism and housing Zuhair Garana and Ahmed El-Maghrabi of corruption charges on Saturday

March 14, 2013

Qatar is planning more investment in the UK
12:47 GMT

Qatar has begun talks with the UK government to invest up to £10 billion ($14.92 billion) into key infrastructure projects in Britain.