Economy & Trade
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May 2, 2013
The sovereign Islamic bonds law passed by Egypt's Shura Council Tuesday is expected to boost economic growth and employment figures, according to Ahmed El-Naggar
May 1, 2013
Oman's government expects $10 billion foreign direct investment in Duqm economic zone in the next five years.
April 30, 2013
Aqaba Container Terminal (ACT), the world’s gateway to Jordan and beyond, recently launched its revamped bilingual website https://www.act.com.jo.
Egypt is likely to accept the five per cent interest rate that Qatar has request for the $3 billion worth of treasury bonds
April 29, 2013
Egypt's chief negotiator with the IMF, and the country's deputy finance minister, has quit.
Qatar's loan to Egypt, in the form of bond-buying, is yet to materialize as negotiations continue over proposed interest rates.
Dubai Chamber of Commerce and Industry as it won the Best CSR Project in the World Chambers Competition on the concluding day of the 8th World Chamber Congress in the Qatari capital Doha.
DP World today announced the launch of TURN8 seed accelerator programme designed to encourage innovative entrepreneurship worldwide, starting with Dubai.
The Department of Economic Development in Dubai will honour the winners of the 2012 cycle of the Dubai Quality Award, Dubai Human Development Award and the Dubai Service Excellence Scheme.
Egypt is negotiating the interest rate on $3 billion worth of Egyptian treasury bonds that Qatar committed to buying earlier this month, Planning Minister Ashraf El-Araby has said in comments reported by state-owned Al-Ahram daily.
April 25, 2013
The UAE's GDP will grow by four per cent by the end of this year, according to the country's Ministry of Economy.
Egypt is still in negotiations over a $3 billion loan from Qatar, with an interest rate of around 5 percent currently being discussed.
Saudi-owned projects worth 5 billion riyals ($1.3bn) have stalled in Egypt, with at least 20 projects pending, a senior minister has said.
DP World Limited will today hold its Annual General Meeting for the year ended 31 December 2012.
April 24, 2013
Egypt and the International Monetary Fund have agreed on the main aspects of a US$4.8 billion loan and the deal will be ready for implementation by the end of May, predicted regional IMF representative Abdel Shakour Shaalan.
