Economy & Trade
May 20, 2013
Bahrain's real gross domestic product (GDP) is estimated to have expanded 3.9 per cent last year from the 1.9pc growth seen in 2011.
Yields on Egyptian three- and nine-month treasury bills climbed on Sunday and the auction's size was reduced after a new central bank decree limited the amount of funds that banks can channel into money market funds to buy T-bills.
The World Bank has approved a $30 million soft loan aimed at supporting a government initiative to improve access to basic services in impoverished parts of the country.
May 19, 2013
The Dubai Chamber of Commerce and Industry’s ENGAGE Dubai initiative, managed by its Centre for Responsible Business, spearheaded the Give & Gain Day Dubai on May 16.
Barclays announced the appointment of Haidar Hammoud as Head of Wealth and Investment Management for the Emirate of Abu Dhabi.
The Ministry of Finance has concluded a number of meetings with representatives from the UAE’s national banks discussing the preparations for the upcoming meetingin Washington DC set to take place on October 11, 2013.
The banking system in Qatar has been robust, with a compounded annual growth rate (CAGR) of 20 percent in assets from March 2008 - March 2012 and another 20 percent in the year to March 2013.
May 16, 2013
Saudi banks continue to support the macroeconomic conditions by providing the necessary financing for local businesses.
Dubai’s benchmark index continued yesterday from where it ended on Tuesday, as stocks maintained their upward trend to set new highs since October 2009.
May 15, 2013
Saudi Arabia’s real GDP is estimated to have expanded 6.8 percent in 2012.
In a move aimed at highlighting the structural changes taking place in the Municipal System in the Emirate of Abu Dhabi, which reflects the commitment of the Department of Municipal Affairs.
The Dubai Gold & Commodities Exchange announced that CQG, has become an approved independent software vendor (ISV) on the Exchange.
May 14, 2013
Kuwait’s GDP has been forecast to grow 1.1 per cent in 2013 as oil prices and production stabilises.
The UAE’s economic growth is projected to moderate to 3.6 per cent in 2013 from an estimated growth of 4.8 per cent last year.
The Dubai Chamber of Commerce and Industry organised a roundtable discussion on Expanding Tourism between Dubai and Azerbaijan through its international representative Office in Baku at the Azerbaijan Jumeirah Bilgah Beach Hotel.