Economy & Trade
December 24, 2014
Israeli Police have arrested more than 30 people in a probe of suspected illegal transfers of public money to NGOs.
DP World’s Mina Rashid port has successfully defended its title as the World’s Leading Cruise Port, for the seventh consecutive year, at the prestigious World Travel Awards 2014.
December 23, 2014
Project to provide technical and financial support to industrial facilities in line with environmental laws for pollution reduction
The Iraqi cabinet Tuesday approved a 123 trillion dinar ($103 billion) draft budget for 2015 which envisions a deficit of 23 trillion dinars, Finance Minister Hoshiyar Zebari said.
Previously, media had said the ministry was expected to make its 2015 budget statement on Monday afternoon
Gold prices pulled away from a three-week low on Tuesday, but still remained below the $1,200 threshold as the strong U.S. dollar continued to weigh on the precious metal.
There is untapped potential for Saudi investments in Oman, officials said at the Omani-Saudi Investment and Trade Forum which began at the Bank Muscat headquarters on Monday.
During his visit to the Commercial Office of Sultanate of Oman in Dubai, His Excellency Ahmed Mahboob Musabih, Director of Dubai Customs, praised the development of trade cooperation with the Sultanate of Oman.
December 22, 2014
The one-trillion dollar cash pile, which only relates to companies rated by Moody’s, is predominantly held by cash-rich sectors like automotives, oil and gas and utilities.
Egypt signed contracts for 240,000 tonnes of French wheat and 60,000 tonnes of Russian wheat, at an average price of $273.94 per tonne to be delivered in January, the minister of supply and internal trade, Khaled Hanafi, said Sunday.
Al Khaleej Sugar has celebrated the arrival of MV UBC OTTAWA , the world’s largest sugar carrying vessel to call at DP World’s flagship Jebel Ali Port.
The amount is equal to Syria’s GDP in 2007, according to the World Bank.
December 21, 2014
The declining oil prices are positive for the Egyptian economy, according to a statement issued by Egypt’s Citadel (Qalaa) Holding on Thursday.
The U.N. General Assembly Friday asked Israel to pay Lebanon $856.4 million as compensation for the oil slick the Jewish state caused during the July 2006 war.
Dubai Customs has earned the coveted Enterprise Architecture Award 2014, presented Forrester Research, and the Penn State University Center for Enterprise Architecture.