Economy & Trade
October 31, 2013
Inflows of foreign direct investment into Bahrain reached a tumultuous $891 million last year, representing a fourteen percent increase from 2011's $781 million figure.
Dubai has been selected to host the 10th session of the World Islamic Economic Forum in 2014, representing one of the largest gatherings to share knowledge and best practices in Islamic economy.
October 30, 2013
His Excellency Ahmed Butti Ahmed Director General of Dubai Customs, received the Director of the Regional Intelligence Liaison Office in the Middle East (RILO) of Riyadh, Mr. Faisal bin Saud Al Mujaish.
The General Directorate of Customs- Abu Dhabi participated in a workshop entitled “Detection of smuggling of nuclear and radioactive materials”.
October 29, 2013
The government dropped a bombshell with its program that explicitly told Kuwaitis that cheap or free services are things of the past.
DP World handled 14.2 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals in the third quarter of 2013, with gross container volumes growing by 2.4% on a like-for-like basis.
According to the report, “the Syrian economy experienced massive de-industrialisation as a result of business closure and bankruptcy, capital flight, looting and destruction.”
October 28, 2013
"On November 27, delegates from around the world will meet to decide the venue for Expo 2020. I believe they should choose Dubai. Let me explain why," said Cameron.
Egypt's new economic stimulus package will include billions of pounds in infrastructure and sanitation investments, according to a breakdown released by Finance Minister Ahmed Galal in a meeting with economists from Egyptian political parties.
As part of its efforts to encourage strong export performance among its members, Dubai Chamber of Commerce and Industry recognised four companies as SME Exporters of the Month stretching from June to September 2013.
October 27, 2013
The Dubai Chamber of Commerce and Industry honoured 11 major organisations for their corporate social responsibility and sustainability efforts during a recognition ceremony held at its premises recently.
October 24, 2013
Up to KD 18.5 million have been paid out to citizens laid off from jobs in the private sector, covering the period from August 2008 to October 2013
“The heavy presence of Syrians in the local market is the direct reason behind the increase in unemployment rates this year,” Saif said.
October 23, 2013
Meanwhile, Iranian First Vice President Es’haq Jahangiri has said that bad loans of the Iranian banking system amount to 700 trillion rials (about $28 billion
Dubai Exports has taken 27 local exporters to Azerbaijan to participate in BakuBuild, billed as the largest exhibition for construction and related sectors anywhere in the CIS and Eastern Europe.