Economy & Trade

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GCC currencies
May 19, 2013 - 13:41 GMT
Gulf hydrocarbon producers emerged as the 13th most powerful economy in the world in 2011 while strong oil prices allowed them to become the fifth largest exporter with the highest trade surplus.

April 2, 2013

Egypt is in negotiations with the Arab Monetary Fund, according to the country's finance minister
11:23 GMT

Egypt is negotiating a loan worth $465 million from the Arab Monetary Fund, the country’s finance minister revealed.

April 1, 2013

UAE Ministry of Finance
13:37 GMT
(press release)

Ministry of Finance announced the completion of the meetings’agenda which will be taking place tomorrow on Tuesday, 02 April, 2013 in Dubai.

Tunisia is to sign a $1.8 billion loan agreement with the IMF by May
12:40 GMT

Tunisia will sign a $1.8 billion loan with the International Monetary Fund by May, according to Bloomberg.

Third eTransformation Forum
11:51 GMT
(press release)

Dubai eGovernment Department concluded its third eTransformation Forum themed Together towards Leadership as part of its efforts to push the wheel of eTransformation forward towards an integrated.

Department of Economic Development
10:24 GMT

The first-ever Dubai World Conference Exhibition on Consumer Rights and Power Brands Dubai exhibition, held under the patronage of His Highness Sheikh Maktoum bin Mohammed Bin Rashid Al Maktoum.

Despite internal and external pressures, Jordan's economy grew by 2.7 per cent in 2012
09:25 GMT

Jordan’s economy grew by 2.7 per cent in 2012, official figures showed on Sunday.

GDP in Palestine grew by 5.9 per cent in 2012 compared to 2011, new statistics reveal.
03:07 GMT

GDP in Palestine grew by 5.9 per cent in 2012 compared to 2011, new statistics reveal.

March 31, 2013

The IMF is due in Egypt on Wednesday
13:42 GMT

The IMF is to visit Egypt on Wednesday, according to the Reuters news agency, to discuss further a possible $4.8 billion

During the meeting
11:37 GMT

Dubai Chamber of Commerce and Industry hosted a meeting of the organising committee of the Africa Global Business Forum 2013, Dubai.

During signing the agreement
09:58 GMT

The Department of Municipal Affairs signed a contract with Bayanat for Mapping & Surveying Services.

An Iraqi official has confirmed Baghdad  rejected a request from Egypt for a $4 billion bond to be deposited in Egypt’s central bank
09:21 GMT

An Iraqi official says Baghdad has rejected a request from Egypt for a $4 billion bond to be deposited in Egypt’s central bank to bolster its faltering economy.

Power Brands
06:27 GMT

The first-ever Dubai World Conference on Consumer Rights and Power Brands Dubai exhibition, will be launched at the Dubai World Trade Centre from 1 to 3 April, 2013.

March 28, 2013

During the Best Practices in Consumer Protection seminar
09:28 GMT

The Dubai Chamber of Commerce and Industry organised a Best Practices in Consumer Protection seminar in association with the UAE Ministry of Economy at its premises recently.

Libya is reportedly set to spend $4.7 billion on upgrading its military  (MAHMUD TURKIA / AFP)
09:09 GMT

Libya is reported to be planning to spend some $4.7 billion, or at least 10 percent of the national budget on upgrading its military forces over the next year.

March 27, 2013

During the event
09:49 GMT

H.E. Hisham Abdullah Al Shirawi, 2nd Vice Chairman, Dubai Chamber of Commerce and Industry urged businesses from Dubai to exploit investment opportunities offered by Belarus.