Economy & Trade

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During the first 10 months of this year Jordan exported 822,000 tonnes of fruit and vegetables
December 24, 2014 - 06:02 GMT
The country’s fruit and vegetable exports during this year increased by 7 per cent, while its sheep exports increased by 15 per cent compared to last year.

October 12, 2014

The pull back then snowballed due to panic selling and, possibly, margin calls, according to market players.
00:55 GMT

Stock markets in Saudi Arabia and the United Arab Emirates fell sharply on Sunday as declines on global bourses sparked a broad sell-off in the Gulf region.

The expected visit will also involve forming a joint expert group from the four countries.
00:36 GMT

Egypt’s agricultural exports to Russia have significantly increased and will increase further in the coming period.

Jafza
06:56 GMT

Officials from Jebel Ali Free Zone (Jafza), the premier Free Zone in the Middle East, will be addressing a seminar on October 15 at the Kempinski Ciragan Palace.

Juma Al Ghaith, Executive Director of Customs Development Division
06:17 GMT

Dubai Customs is taking part in GITEX 2014, which kicks off today (Sunday 12th October, 2014).

The programs for tackling unemployment have contributed to creating a parallel crisis in the labor market and disrupting the market.
04:55 GMT

At least one million vacancies must be created to tackle unemployment among Saudis and 300,000 jobs are needed annually to absorb new graduates entering the labor market,

October 9, 2014

During the event
11:38 GMT

The Dubai Chamber Sustainability Network conducted a Best Practice Session on Road Safety as part of their ongoing “Be Responsible - Drive Safe” campaign in partnership with RTA and Roadsafetyuae.com.

DC staff welcoming pilgrims with sweets and gifts
06:16 GMT

As the servants of Allah, the Hujjaj, are returning from their journeys of a lifetime, Dubai Customs is on the alert to grant them a warm and reverent welcome.

Egypt's economy has been hit by more than three years of political and economic turmoil following the 2011 uprising that toppled Hosni Mubarak after 30 years in power.
04:55 GMT

Increased output and a sharp rise in new orders last month, however, appeared to suggest that confidence was beginning to return

October 7, 2014

He also said that the link between the giant Chinese economy and the rest of Asia does not only involve demand,  which is expected to weaken due to the slowdown.
17:14 GMT

“China’s slowdown is gradual... It is slower but it’s not the bottom falling out of China’s growth,”

Yousuf Ozair receiving the EU delegation
12:20 GMT

Experts from the European Commission hailed Dubai Customs exerted efforts in the field of intellectual property rights protection, as well as the department’s progressive development of systems and programs geared toward combating the smuggling and trafficking of counterfeit products.

The IMF has warned that Yemen's fiscal deficit would reach 9 percent of gross domestic product in 2014 and foreign reserves would decline to well below three months of imports in the absence of economic reforms.
04:55 GMT

Lagarde, in the IMF's first direct, public comment on the latest Yemeni policy changes, said they did not endanger the loan programme.

October 6, 2014

More than buying gold jewellery as a fashion statement, with delicate designs, currently sellers have also noticed an increased sale in simple, but heavy jewellery.
14:34 GMT

Apart from it being the festive season, the increased sales of gold in Dubai can be owed to the low prices currently.

Head of Commodity Strategy at Saxo Bank Ole Sloth Hansen
08:00 GMT
(press release)

Commodity markets remain on the defensive with rising supply in many key commodities continuing to apply near-term downside pressure to prices.

October 1, 2014

During the event
08:59 GMT

Jebel Ali Free Zone whose non-oil trade with Germany totaled more than US$ 1.9 billion last year, evoked renewed interest among businesses in Germany seeking to leverage Dubai’s global connectivity and trade hub status to boost their exports and product offering.

Sultan bin Sulayem, Ahmed Mahboob, Abdullah Al Khaja and Faisal Lutfi, with the Director of Italian Customs
06:58 GMT

Dubai Customs and the Italian Customs Agency have explored salient joint venture opportunities and sharing customs expertise for handling Expo shipments and the facilities to be put in place for exhibitors in Expo Milan 2015 and Expo Dubai 2020.