Economy & Trade
December 23, 2012
Lebanon’s budget deficit in the first eight months of 2012 surged to LL2.245 trillion ($1.49 billion), or 18.48 percent of spending, compared to LL1.471 trillion, or 13.51 percent, in the same period of last year, the Finance Ministry said Friday.
Dubai SME has announced the launch of the 9th cycle of the Young Entrepreneur Competition YEC 2013.
Dubai Business Women Council has concluded a new session of the Network Majlis with Al Hanoof Assaf, Business Development Manager of Corporate Business Services.
Tunisia’s finance minister displayed the abandoned fortune of ousted president Zine El Abidine Ben Ali and his family in a public auction on Saturday at the Cleopatra Space in Gammarth, located in the northern side of the country.
December 20, 2012
The total volume of trade between members of the GCC amounted to $85 billion compared to only $6 billion in 1984.
The European Union has adopted a report which calls for greater cooperation and deeper regional ties between countries in the Maghreb.
The volume of trade exchange between China and Bahrain hit $1.2 billion in the nine months of 2012.
December 19, 2012
Dubai eGovernment honoured the members of the team responsible for the success of its ‘Government Resources Planning systems upgrade to R12’ project.
The Department of Economic Development has announced the launch of the Dubai Competitiveness Office as directed by His Highness Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum.
Egypt's request to postpone a long-awaited IMF loan due to recent political unrest could lead to a downgrade in the country's credit rating, credit rating agency Moody's said in a report on Monday.
Tunisia is seeking help from the European Union to lift its ailing economy, which has seen little improvement in the two years since the start of the Arab uprisings.
The Government of Japan and the UN World Food Programme (WFP) have signed a new agreement in Rome that will provide US$7.1 million in emergency food assistance for almost half a million Yemenis.
Consumers in the UAE have the lowest sales and consumption taxes in the world. Perfect news in time for the inevitable pre-festive spending spree.
The fourth meeting of the UAE-Azerbaijan Joint Economic Committee held today in Dubai was inaugurated by HE Sultan Bin Saeed Al Mansoori and HE Shahin Mustafayev.
The United States urged Egypt and International Monetary Fund to reach an agreement on the $4.8 billion loan that was postponed on 11 December "as quickly as possible."