Economy & Trade
May 19, 2014
Dubai Customs has completed the fishermen harbours development project in Jumeirah and Umm Suqeim.
The minister noted that government’s new smartcard bread subsidy system, which offers a maximum of 150 loaves for each citizen per month, is set to be implemented in Cairo “within several days”.
A former Omani commerce minister was jailed for three years for corruption on Sunday, the most senior government figure to be convicted in a campaign against graft in the sultanate.
China has emerged as the second top trading partner of Dubai with its bilateral trade at Dh135 billion ($36.7 billion) in 2013, up 18 per cent over the previous year, according to a report from Dubai Customs.
May 18, 2014
Saudi Arabia is considering trade sanctions against the Netherlands because of stickers printed by far-right politician Geert Wilders which display anti-Islam slogans in the colours of the Saudi flag.
May 16, 2014
Turkey's total employment rate stood at 44.1 percent in the month of February, 63.3 percent among men and 25.4 percent among women.
May 15, 2014
United Development Company (UDC), a leading Qatari shareholding company, announced it is the “Support Sponsor” of the debut Labor Rights Protection Conference, to be held in Doha from June 15 to 17, 2014.
The Statistics & Studies Section, Strategy & Corporate Excellence Department at Dubai Customs welcomed a delegation from the International Monetary Fund (IMF).
“The relationship will be redefined as between employee and employer instead of sponsor and sponsored,” the interior ministry said on Facebook
May 14, 2014
Central Bank Governor Riad Salameh has urged MPs to pay the salary increases over five years, expressing fears that a drastic increase would lead to inflation and above all to increased pressure on national finances
May 13, 2014
Dubai Chamber of Commerce and Industry welcomed a delegation of officials and business leaders from the Spanish city of Granada as part of efforts to enhance bilateral relations.
According to PwC’s first Middle East hotel forecast, the improving economic and travel backdrop has helped reinvigorate trading in the featured cities of Dubai, Abu Dhabi, Doha, Jeddah, Muscat and Riyadh.
Dubai Customs organized an introductory seminar on the matter in collaboration with the General Secretariat of the Executive Council and the Public Prosecution of Dubai.
The head of the committee, Ezzat Khamis, said its decision was based on the investigations of security and executive bodies.
"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.