Economy & Trade

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The King described the future vision entailed in the 10-year economic plan as “the most important strategic initiative for the future of Jordan and Jordanians
Today
His Majesty King Abdullah on Tuesday stressed his full support to all the committees entrusted with preparing a future vision of the national economy, coupled with an executive plan, urging them to place the interests of Jordanians at the core of their work.

June 12, 2014

China Roadshow
09:37 GMT

Jafza has conducted a highly-successful roadshow comprising workshops and business seminars in Taipei, Taiwan, Shanghai, Hangzhou and Beijing, China.

Egypt’s economic position was negatively affected by a decline in foreign direct investments (FDI) and tourism arrivals.
08:35 GMT

“We believe Egypt will likely enter into a standby agreement with the IMF [International Monetary Fund] soon,” the study said.

June 11, 2014

The expansion in GDP was 4 percent for the entire 2013.
12:21 GMT

A fast growth in exports accompanied by a solid domestic and an increase in public investments were the main drivers.

During the event
10:39 GMT

Dubai’s flourishing food & beverage sector and significance as an exports and re-exports hub have helped the local packaging industry grow and expand to strategic foreign markets, shows recent trade trends highlighted by Dubai Exports.

June 10, 2014

Salma Hareb, CEO of Economic Zones World and Jafza
10:32 GMT

The UK based Financial Times’ FDi Magazine has awarded Jafza “Free Zone of the Year 2014, Large Tenants, Middle East and North Africa” as well as “The Free Zone of the Year 2014, Large Tenants, United Arab Emirates.”

Ahmed Mahboob & Saed Al Awadi during the meeting
06:04 GMT

Ahmed Mahboob Musabih, Director of Dubai Customs, received Saed Al Awadi, CEO of Dubai Export Development Corporation (DEDC).

June 9, 2014

During the event
13:01 GMT

National Bonds Corporation (NBC) announced that DP World has signed up for its Employee Savings Program (ESP) with the aim of instilling a sustained culture of savings its employees in the UAE.

Experts have long argued that a skilled Syrian workforce should be turned into an advantage for both sides, with the work permit issue remaining the major obstacle before this.
09:35 GMT

Thousands of Syrian refugees who are currently being employed in different sectors across Turkey may finally receive their work permits from the government.

CEO Economic Zones World Salma Hareb, and His Excellency Daisuke Matsunaga, the Consul -General of Japan in Dubai along with participants of the meeting in Jebel Ali
07:09 GMT

Japanese companies continue to see Jafza as a prime venue for base of operations in Mena region, was the consensus expressed at a business community meeting in the Jebel Ali Free Zone recently.

During the event
07:00 GMT

Dubai Customs organized yesterday its annual Fakhr Al Furdah ceremony to commemorate its outstanding employees during the year 2013.

June 8, 2014

Hamas demanded Thursday that the Palestinian Authority take employees of the disbanded Gaza government onto its payroll, after scuffles broke out at banks in the Palestinian territory.
16:33 GMT

But Hamas has been unable to pay most of its workers for several months, after severe pressure from neighbouring Egypt strangled its cash flow.

Soccer's governing body FIFA is conducting an internal investigation into the decisions to hold the 2018 World Cup in Russia and the 2022 Cup in Qatar.
13:19 GMT

Sony has become the first World Cup sponsor to call for a probe into accusations that bribes were paid to secure the 2022 tournament for Qatar.

“This is the Kingdom’s duty based on our religion, ethics and the joint destiny of the two countries,” said the king, who is vacationing in the Moroccan city of Casablanca.
08:43 GMT

On Tuesday, King Abdullah called for a “Friends of Egypt” conference, which would raise funds for the country to weather its current economic crisis.

June 5, 2014

Mr. Atiq Juma Nasib, Senior Director, Commercial Services Sector, Dubai Chamber
12:34 GMT

The Dubai Chamber Sustainability Network, in association with Dubai Municipality, launched its 2nd Waste Management Campaign, entitled “ACT to Sustain - Be Responsible”.

 Ibrahim Saif said that Kim’s visit “sheds light on the repercussions of the refugee crisis on the Jordanian economy”.
11:59 GMT

Harper described Jordan’s response to the refugee challenges as a “model” for the entire world.