Economy & Trade

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Implementation of the government’s development plan has been picking up, and momentum is expected to improve further in 2015 and 2016.
December 19, 2014 - 00:38 GMT
The consumer has been and remains a key driver of growth in Kuwait, even as growth in the sector has moderated somewhat.

September 15, 2014

Al Khalifa said through QBIC’s flagship Lean Startup program, it has supported and launched more than 21 projects that truly showcase entrepreneurs’ potential and progress in Qatar.
04:55 GMT

Qatar Development Bank and Social Development Center have officially announced the launch of the region's largest business incubator.

September 14, 2014


Analysts polled by Reuters in April forecast average inflation in the UAE would accelerate to 1.9 per cent in 2014 and 2.5 per cent in 2015 from 1.1 per cent in 2013, which was the highest level since 2009
14:34 GMT

The housing and utility costs, which account for almost 44 per cent of consumer expenses, jumped 6.2 per cent year-on-year and 0.4 per cent month-on-month in August.

DP World
08:07 GMT

DP World Chairman, and Chairman of Ports, HE Sultan Ahmed Bin Sulayem has met with the President of the Maldives and Minister of Tourism to discuss potential areas of cooperation across various industry sectors.

September 11, 2014

Abdel Nour said the government has begun taking concrete steps to address the current energy crisis in Egypt.
22:49 GMT

This came during an expanded meeting held by Abdel Nour with a delegation from the US State Department.

During the event
12:38 GMT

Dubai Customs held a meeting with Hemaya International Training Centre of Dubai Police - the first dedicated training agency specialized in capacity building of antinarcotic personnel in the Arab world.

September 10, 2014

Jebel Ali Port at Dubai
11:41 GMT

Jebel Ali is the only port outside the Far East to make it into the latest Top 10 list of the world’s largest ports, an achievement DP World Chairman HE Sultan Ahmed bin Sulayem credits to Dubai’s visionary leadership in creating the infrastructure and the business environment to drive continuous growth.

September 8, 2014

Dubai Customs
11:58 GMT

Heads of suggestion & complaint units at government departments in Dubai will come together at the Dubai Government Unified Suggestions System Forum 2014 to explore the prospects of developing the system.

H.E. Hisham Al Shirawi, 2nd Vice Chairman, Dubai Chamber
07:13 GMT

A Dubai Chamber of Commerce and Industry-led trade mission has left today (Sunday) for Hamburg to participate in the 26th edition of the Shipbuilding, Machinery and Marine Technology (SMM 2014 Expo).

Hamdallah, who heads the Palestinian government of national consensus which took office on 2 June, said the problem of the wages had turned into the main stumbling block to an intra-Palestinian reconciliation deal.
04:55 GMT

The international community has threatened to boycott the Palestinian leadership if it pays the salaries of former Hamas employees in Gaza, prime minister Rami Hamdallah told AFP on Sunday.

The study was published before finance ministers from the G20 group of leading countries meet in Australia on September 20 and 21.This in turn cost 3.6 million lives a year that could be saved if the missing money were wisely invested, non-government organisation ONE estimated.
04:55 GMT

It is nothing short of a trillion-dollar scandal," said the report, recommending action on four fronts.

September 7, 2014

Held at Cultural Palace on Wednesday August 27th, 2014, the event enjoyed a highly interactive atmosphere and also garnered extensive coverage by the media.
16:40 GMT

Jordan Ahli Bank provided its platinum sponsorship for the collaborative musical performance"Touch the Sky" featuring the worldwide musician Zade Dirani.

Al-Sisi has also charged the council with the responsibility of reducing “the Egyptian brain drain”, which sees many of the nation’s most educated and skilled workers move abroad to find work.
04:55 GMT

Among the attendees of the meeting was Nobel Prize-winning chemist Ahmed Zuweil, renowned heart surgeon Magdy Yacoub, and psychiatrist Ahmed Okasha.

September 4, 2014

Greece is a major transit point for immigrants seeking illegal access to the European Union.
15:50 GMT

Coast Guard officials Thursday said they expect a three-fold increase in the number of immigrants apprehended this year, compared with 2013, with more than half of people entering Greece now coming from Syria.

The results were carried out by a HSBC UAE Purchasing Managers’ Index survey (File/AFP)
09:55 GMT

Non-oil business activity in the UAE expanded in August at the fastest pace on record as the country obtained high points in output and new business.

September 3, 2014

Fahmy declined to reveal the names of investors that are slated to settle their disputes with government bodies, saying that the settlements have not yet been approved by the cabinet.
19:39 GMT

Fahmy declined to reveal the names of investors that are slated to settle their disputes with government bodies, saying that the settlements have not yet been approved by the cabinet.