August 12, 2013
Eid is the 'peak business season' for traders of different commodities, this year brought a 'big surprise' to business owners, as the number of customers was far less than what they had earlier expected.
Abu Dhabi and Dubai indices fell on Sunday, the first day after the long Eid holiday weekend, amid a drop in trading volumes and a dry news spell globally at the end of last week.
August 7, 2013
The Department of Economic Development has warned it will impose penalties on those who violate the rules of trade as stated in the Bluebook that sets out the rights of consumers in the UAE.
Declining consumer and business confidence will negatively impact the profitability of Lebanese banks in the second half of 2013.
Syria is trying to tap frozen funds in foreign bank accounts to step up purchases of food stocks including wheat, as civil war and a deepening humanitarian crisis push President Bashar Assad to seek new ways to feed his people.
The EU Delegation in Tunisia has made a grant of €32.9 million to Tunisia to renovate 119 neighbourhoods throughout the territory;
A little over half of the approved loans, which came from 662 applications, were for new constructions. According to NBK, these figures are roughly double the amount approved during the same period in 2012.
August 6, 2013
Customers seeking unsurpassed luxury in travel can book a tailor-made experience on Emirates Executive, the ultra-spacious Airbus 319 aircraft, and enjoy new technology and design to meet the most discerning traveller’s requirements.
The first roadshow to the US hopes "open new avenues of cooperation in various areas, particularly with the huge participation of public and private sector in the delegation".
Iran's inflation rate hits 33.9 percent.
The figure is the highest since November 2011, but it nonetheless shows that Egypt continues to bleed foreign currency to defend the Egyptian pound.
The companies, which signed the shareholders’ agreement recently, have been working toward the agreement since a Heads of Agreement was signed in March.
The surcharge that UAE cardholders are now paying to petrol stations will be shared between the merchants and the acquirers or banks that process the transaction,
August 5, 2013
The Smart Learning Program, to be completed by 2017, is set to revolutionize education in the UAE.
Income at Dana Gas fell by almost half during the second quarter after lost production in the Kurdish region of Iraq and difficulties collecting debts from Egypt. Read more: http://www.thenational.ae/business/industry-insights/energy/income-at-dana-gas-tumbles-by-almost-half#ixzz2b5Qg1pGa Follow us: @TheNationalUAE on Twitter | thenational.ae on Facebook