Economy & Trade

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Talks are due to take place after Egypt's upcoming elections (File/AFP)
Relations with the IMF soured when Egypt suspended negotiations over a loan worth billions in 2013, but this may improve with upcoming discussions.

March 4, 2014

Among the main products to suffer a drop in exports, according to CAPMAS, were petroleum products, fresh fruits and liquefied propane.
03:55 GMT

The figure represented a 12 percent drop compared to the same month in 2012, when the deficit stood at LE26.7 billion ($3.8 billion).

March 3, 2014

In 2013, Jordan’s exports to Iraq went up by 23 per cent, amounting to JD884 million while its imports from Iraq totalled JD269 million
18:54 GMT

They discussed means to boost economic relations between the two countries and their private sectors, in particular.

The richest Israeli is Eyal Ofer in 191st place with a fortune of $7 billion.
17:14 GMT

There are 18 Israelis in "Forbes" 2014 Billionaires list, which was published today.

During Organizational Excellence Diploma workshop
12:46 GMT

Dubai Customs has introduced the “Organizational Excellence Expert Diploma” training program on par with the European Foundation for Quality Management (EFQM) Excellence Mode.

March 2, 2014

The premier said foreign direct investments (FDIs) rose in 2013 by JD1.1 billion, reaching around JD18.7 billion at the end of last year.
17:20 GMT

At the end of November 2013, foreign reserves at the Central Bank of Jordan rose by $5.4 billion or by 81.7 per cent, amounting to $12.1 billion.

Dubai Customs
09:11 GMT

Dubai Customs has enhanced its array of advanced services designed to promote the sector of trade shows in Dubai by building the capacity of exhibiting traders to get the highest possible business returns.

February 27, 2014

Egypt's public business sector will now be handled by the ministry of foreign trade and industry rather than the investment ministry (File Archive/AFP)
10:00 GMT

With the recent resignation of Egypt's government, Cairo's current reshuffling may affect investment practices and business in new ways.

February 26, 2014

HE Sultan Ahmed Bin Sulayem, Chairman, DP World and Mohammed Sharaf, Group CEO, DP World with the high level Ecuadorian delegation led by HE Excellency Francisco Rivadeneira, Minister of International Trade, Ecuador
06:25 GMT

His Excellency Sultan Ahmed Bin Sulayem, DP World Chairman , on Tuesday February 25, met with His Excellency Francisco Rivadeneira, Ecuadorian Minister of International Trade.

Omar Bushahab, Chief Executive Officer of Commercial Compliance & Consumer Protection (CCCP) at DED
05:25 GMT

Consumer preferences and behaviour in the Cars sector appears to have changed considerably in recent years and dealers who offer high quality and technology along with attractive price tags are leading in the competition.

During the event
05:25 GMT

Dubai Chamber of Commerce and Industry called upon the representatives of UAE chambers to jointly promote e-commerce and join its initiative of the new online portal, alibaba.

February 25, 2014

Ahmed Butti receives ITC Shield from Shaima Al Zarooni
15:11 GMT

The International Humanitarian City (IHC) Board of Directors expressed their deep gratitude to Dubai Customs for its unwavering support and cooperation with IHC.

Bilateral trade between Iran and China amounted to $36 billion in 2012.
15:00 GMT

Establishing an industrial park in Iran and creating a joint shipping line are also part of the roadmap, ISNA quoted Behrouz Alishiri as saying.

Moroccan trade has been traditional dominated with countries in Europe, despite the economic crisis that has continued to unfold over the last six years
09:59 GMT

Morocco is diversifying its export market in a bid to develop trade with Gulf Arab countries and also reduce its reliance on Europe.

February 24, 2014

The UAE currently enjoys good relationships with both the Philippines and Malaysia
10:40 GMT

An economic and commercial delegation headed by Sultan Bin Saeed Al Mansouri, UAE Minister of Economy, is set to visit the Philippines and Malaysia from Monday (February 25) to Friday (February 28) seeking to explore strategies for enhancing bilateral trade and investment relations.

Overall outlook on sales was positive with 97 per cent of the businesses expecting either an increase or no change in their sales volume in Q1 2014.
03:55 GMT

In Q1 2014, around 62 per cent of Dubai businesses also expected to see stronger net profits based on increasing demand and improved margins.