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Monday 7th, July 2008 -- 10:15 GMT
Economy & Trade
UAE inflation rate reached 11.1 per cent in 2007
Minister of Economy Al Mansouri reveals findings of Consumer Price Index Division ...
Kuwait inflation to rise further after hitting a record 10.1%in February
Kuwait inflation to rise further after hitting a record 10.1%in February…fiscal policy and regulatory measures are necessary to alleviate price pressures In its latest economic brief, National Bank of Kuwait (NBK) reports that inflationary ...
Morocco: April cost-of-living index up by 1.3%
The April cost-of-living index in Morocco has risen 1.3% compared to March ...
Egypt posts surplus of US$ 4.9 billion in balance of payments
The Central Bank of Egypt (CBE) announced that the balance of payments realized a surplus of US$ 4.9 billion during the period (July 2007 - March 2008) versus US$ 3.1 billion surplus during the same period of last year. ...
Egypt: FDI on the rise
Egypt's Minister of Investment Mahmoud Mohieddin has conveyed that the value of foreign direct investment (FDI) amounted during the first half of this fiscal year to $ 7.8 billion. ...
GCC: UAE private sector employees are the well-paid
UAE private sector employees are well-paid compared to their counterparts in the rest of GCC countries, according to a recent study, which was conducted by a Dubai-based ...
World Economic Forum and Dubai government announce inaugural summit on the global agenda
The Summit on the Global Agenda is a new, unique gathering of the world’s most influential thinkers – leaders from academia, business, government and society. Its purpose is to advance solutions to the most critical challenges facing humanity. This ...
Syria: Public sector salaries up by 25 percent
Syrian President issued a decree increasing public sector salaries by 25 ...
Dubai among top 50 global centers of commerce
MasterCard Worldwide Centers of Commerce Index™ Explores Strategic Role of Cities in Driving Global ...
UAE: One third of employees are not satisfied at work, finds new survey
Recent research, commissioned by the Middle East’s number one job site - Bayt.com alongside research specialists YouGovSiraj, reveals employee satisfaction in the UAE is comparably low in the region, with only 27% of workers being highly satisfied ...
UAE’s Salma Hareb leads 2008 ‘Forbes Arabia’ list of 50 most powerful Arab businesswomen
Business executives rank high even as Gulf countries continue predominance ...
ICCI signs MoU with Hemaya to protect consumers in Islamic world
The Islamic Chamber of Commerce and Industry (ICCI) signed a Memorandum of Understanding with Jeddah based Hemaya Universal which designs strategies and spreads awareness on consumer protection in the Muslim world. ...
Bahrain Grand Prix is a business blockbuster
The 2008 Gulf Air Bahrain Grand Prix on April 4-5-6 will be the biggest sporting, social and business networking event in the Middle East when Formula One makes its fifth visit to the Middle East. ...
GCC: IMF expects inflation to increase
Inflation in the oil-rich Gulf Cooperation Council is expected to increase to about seven percent in 2008, compared with an earlier forecast of six percent, the International Monetary Fund said on Monday. ...
Dubai-China trade rises by 47 percent reaches AED 71.2 billion in 2007
Trade between Dubai and China, which has been increasing steadily over the past five years, soared to a 47% high in 2007 (a value of AED 22.7 billion - about $6.18 billion). Dubai World’s Statistics Department figures showed that there has been an ...
Dubai: Sales expectations of traders up for 2008
As part of its efforts to provide market information to support business decisions, the Dubai Chamber of Commerce and Industry (Dubai Chamber) conducts an annual survey of traders to get their expectations for the new year. Such expectations, being ...
Egypt: President orders army to solve bread crisis
Egyptian President Hosni Mubarak ordered the army Sunday to boost bread production and distribution to cope with the severe shortages that have sparked clashes at bakeries in low-income neighborhoods leaving at least two people dead. ...
Global Investment House: Saudi Arabia economic and strategic outlook
Global Investment House-Kuwait- Saudi Economic and Strategic Outlook – Foreign Investment – March 2008 -Saudi Arabia started the process of attracting Foreign Direct Investment (FDI) long ago when it issued the first Foreign Investment Law in 1956. ...
British report: Humanitarian situation in Gaza Strip worst since 1967
A human rights coalition claimed Thursday that the humanitarian situation in the Gaza Strip has reached its worst point since Israel occupied the territory in ...
Saudi commerce minister steps down amid inflationary pressures
Saudi Arabia's King Abdullah on Monday appointed Abdullah ibn Ahmed Zainal Alireza as minister of commerce and industry. ...
Kadhafi: Ministries abolished, oil revenues to be distributed directly to Libyans
Libyan leader Moamer Kadhafi has ordered the abolishment of most of the government ministries and handing over their powers to the people. ...
Al Suwaidi expects GCC economic ...
Sudan bans imports of Danish ...
Saudi investors losing confidence over ...
Manpower research reveals Middle East ...
Saudi Arabia: Average inflation rate ...
Abu Dhabi’s 2007 non-oil exports reach ...
Over 25% of young Iranians ...
Egypt president declares 30 percent ...
Fire insurance an “urgent need” for ...
Egypt’s balance of payments in ...
The Economy: US and the ...
U.S. Department of Treasury slaps ...
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