April 28, 2014
The share of women's mid-market apparel within emerging markets is expected to rise to over 50 percent by 2025, and Dubai is leading the way in this development.
UAE's Union National Bank (UNB) has launched the first "Green Loan" in the region, which is designed to encourage investment in energy efficient products and related developments.
UAE's lead telecommunications operator Etisalat signed a multi-currency club deal worth $4.35 billion with seventeen banks to fund its acquisition of Vivendi.
Viceroy Hotel Group plans an aggressive expansion in Dubai after announcing two more hotels!
Iran's Energy Minister is warning of the serious water-shortage crisis his country is going through.
For the first time, in 2014, Israeli exports with Asia will exceed trade with the US, pushing it from second to third place (behind the EU).
Under the supervision of the Engineering Authority of the Armed Forces, more than 6,000 residential units have been constructed in Borg Al-Arab in Alexandria.
Iran and Russia are negotiating to sign a deal, worth about $10 billion, to boost bilateral ties in the power sector.
“The Shores of Karbala project is one of the largest of its kind in Iraq."
April 27, 2014
Many traders have expressed their concern over fake and duplicate items in the local markets, while shoppers justified their need to buy such items since original items cost far too much because of monopoly trade practices.
The Saudi market has captured seven percent of the global trade and business in diamonds.
Employers that are caught hiring illegal workers will now be blacklisted in Bahrain under Manama's new policy.
Central Bank Governor Riad Salameh said he was looking forward to increase cooperation with Iraq in organizing the banking sector and strengthening supervision and money laundering protections.
"Of course I don't want prices to go up, but the reality is that the prices have to become real," said a 30-year-old communication specialist in Tehran. "But I expect more services from the government in return, such as health and transportation."
The 5th UAE-US Economic Policy Dialogue, attended by government representatives of both countries, has concluded in Abu Dhabi.