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There should be strict market monitoring to curb unreasonable price increases and measures to protect SMEs owned and run by middle class Saudis.
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The segment also played an important role in maintaining a social balance between the upper and lower classes.

May 13, 2014

"When we discussed with Jordanian authorities how public money should be spent, we proposed more expenditure on health and education, and less on energy subsidies,” Lagarde explained.
01:20 GMT

"When we discussed with Jordanian authorities how public money should be spent, we proposed more expenditure on health and education, and less on energy subsidies,” Lagarde explained.

May 12, 2014

During the seminar
11:09 GMT

Companies from across the GCC actively participated in the Best Practice Seminars for the Mohammed Bin Rashid Al Maktoum Business Award, organised by Dubai Chamber of Commerce and Industry recently.

Dr. Mohammed Al Banna, Vice President, Sales, Jafza with the Turkish delegation at the Free Zone
08:13 GMT

A high ranking delegation from Turkey led by HE Munir Karaloglu, Governor of Bursa, one of Turkey’s most industrialised metropolitan cities, visited Jafza last week to explore opportunities in the Free Zone.

Mr. Yousuf Ozair Mubarak, Director of Intellectual Property Rights Department
05:25 GMT

Dubai Customs witnessed a mounting surge in trademarks registration from international companies.

The interim government’s stimulus plan, which was said to span between six to nine months starting from late August 2013, amounts to EGP 29.6bn and aimed at generating 3% economic growth over the fiscal year 2013/2014.
03:55 GMT

The minister pointed out that by the end of April 60% of the first stimulus package projects, which started in November, was completed.

“The first challenge, or the big one, is how to restore the political stability,” the minister said, but said it was an issue where the country is on the right track.
03:55 GMT

El-Araby stressed that the private sector “has always been and will continue to be the main player in the Egyptian economy.”

May 11, 2014

Adil Al Zarooni, Senior Vice President – Sales, Jafza and Rubens Hannun, Vice President, Arab Brazilian Chamber of Commerce signing the MoU
06:37 GMT

Jebel Ali Free Zone (Jafza) signed a Memorandum of Understanding with Arab Brazilian Chamber of Commerce to further strengthen bilateral commercial relations between the two sides.

Abdullah Al Khaja & Dr. Abdul Wahab Al Madani conferring diploma certificates to the inaugural class members
06:17 GMT

The Customs Training Centre of Dubai Customs has organized a celebration in honour of the first-class graduates of the newly launched Customs Cases Diploma programme.

Lebanon’s primary budget turned negative in 2012 and deteriorated further in 2013 to 141 percent of GDP as the government came under pressure to spend and economic activity dropped, the IMF report said.
06:00 GMT

Political jockeying and sectarian tensions have slowed or stalled action needed to tackle Lebanon’s financial problems.

May 8, 2014

Leaders of the six-nation GCC have set January 1 to implement the customs union, first launched in 2003 and delayed on several occasions to resolve hurdles.
05:13 GMT

The energy-rich Gulf states agreed on Wednesday to resolve hurdles obstructing implementation of a long-delayed customs union, particularly revenue sharing, Kuwait’s finance minister said.

May 7, 2014

During the event
09:29 GMT

Dubai Chamber of Commerce and Industry recently organised a workshop on how to prepare successful contracts, as part of its efforts to support the business community in Dubai.

DP World, UAE Region Chief Commercial Officer Dirk Van Den Bosch and Director of Mina Rashid Mohammed Al Mannaei receiving Mina Rashid’s 7th successive WTA Middle East’s Leading Cruise Port from Graham Cooke, President & Founder, World Travel Awards
06:24 GMT

DP World’s Mina Rashid has continued its winning streak at the coveted World Travel Awards – this time voted the Middle East’s Leading Cruise Port for the seventh consecutive year.

Mr. Khalil Saqer, Director of Corporate Communication Department, Dubai Customs
05:25 GMT

Dubai Customs is keen to support and strengthen ties and relations with strategic government partners in order to continuously develop relationships and exchange expertise across government organizations to enhance competitiveness regionally and internationally.

May 6, 2014

During the event
09:55 GMT
(press release)

Aqaba Container Terminal (ACT) held a free medical day, targeting less fortunate communities in the Qatar and Rahmeh villages of Aqaba on May 5th, 2014.

His Excellency Ahmed Mahboob Musabih, Director of Dubai Customs
05:25 GMT

His Excellency Ahmed Mahboob Musabih, Director of Dubai Customs, said that the emirate of Dubai has become in record time one of the fastest growing cities in the world because of its long standing commitment to innovation.