Economy & Trade

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Asia and Turkey will also remain the most important trade partners of the UAE in terms of imports.
September 17, 2014 - 15:55 GMT
The UAE is likely to remain top export destination for India till 2030, and China is forecast to emerge as the second largest export market, displacing the US.

May 22, 2013

The IMF said a drop in oil output and lower crude prices would likely result in smaller fiscal surpluses in 2013.
06:06 GMT

Saudi economic growth will slow to 4.4 percent in 2013 from 6.8 percent last year due to an expected fall in oil production, and cuts in government spending, the International Monetary Fund said Tuesday.

Average Egyptian household spends 40.6 percent of its expenditures on food
05:40 GMT

Poverty and malnutrition increased in Egypt between 2009-2011, with spikes expected as inflation increases

Resolute policy action will be necessary this year
05:00 GMT

The International Monetary Fund (IMF) is not concerned about Dubai’s ability to repay its estimated $48 billion of debt obligations, according to the director of its Middle East and Central Asia department.

May 21, 2013

During the seminar
10:30 GMT

Department of Economic Development hosted a seminar to create awareness among Emiratis working in the public and private sector using the 2013 EFQM Model.

The International Monetary Fund
10:03 GMT

Inflation in Egypt is expected to climb to 10.9 percent this year, the highest level since 2010, the International Monetary Fund said on Tuesday, more than it expected in April.

His Excellency Ahmed Butti Ahmed, Director General of Dubai Customs Honoring Mr. Ahmed bin Ali al-Mohannadi Director General of Qatar Customs
06:07 GMT
(press release)

Dubai Customs hosted a gala dinner to honour government entities and sponsors that contributed to the meticulous planning and seamless coordination of the event.

Abu Dhabi Corniche
06:00 GMT

A good part of the funds would be invested towards the development of the emirate’s Western Region.

May 20, 2013

Non-oil GDP rose to an expected 6.7pc in 2012
10:40 GMT

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.

Central Bank of Egypt
10:29 GMT

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.

World Bank end poverty campaign
02:11 GMT

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

Give & Gain Day Dubai
12:55 GMT

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.

Haidar Hammoud, Head of Wealth and Investment Management
11:02 GMT

Barclays announced the appointment of Haidar Hammoud as Head of Wealth and Investment Management for the Emirate of Abu Dhabi.

Khalid Ali Al Bustani, Assistant Undersecretary of International Financial Relations Sector at MoF
10:04 GMT
(press release)

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.

Qatari banks will continue to look at international expansion in 2013-14
05:00 GMT

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

Credit is likely to maintain the current trajectory
12:57 GMT

Saudi banks continue to support the macroeconomic conditions by providing the necessary financing for local businesses.