Economic & Business News

Spain plans to boost beef exports to KSA

(Saudi Gazette - 11/12/2018 9:04:00 AM)

The Spanish beef industry is working to boost exports to Saudi Arabia, one of the largest markets for beef in the world, with exporters disclosing immediate and ambitious long-term plans to grow international trade.

Revealing expansions plan ...

Free Zone proposed at Muscat International Airport

(Oman Daily Observer - 11/12/2018 9:03:00 AM)

Oman Aviation Group — the government’s aviation sector investment flagship — plans to establish a first-of-its-kind free zone for air-cargo and logistics at Muscat International Airport. The ambitious initiative, which is envisaged on vacant land ...

CMA to host training programme for insurance sector

(Times of Oman - 11/12/2018 8:35:00 AM)

The Capital Market Authority (CMA) continues its efforts of organising training programmes for the current year as part of its strategy to empower the national cadres working in the insurance sector.

To this end, a training programme will be ...

UAE banking sector to maintain steady growth

(Gulf News - 11/12/2018 8:32:00 AM)

The UAE’s banking sector maintained steady growth in spite of volatility across global markets and regional challenges and it is expected deliver strong profitability in this year and the year ahead, Abdul Aziz Al Ghurair, Chairman of UAE Banks ...

Qatar Chamber reaffirms support to boost trade at IRU World Congress

(The Peninsula - 11/12/2018 8:11:00 AM)

Qatar Chamber (QC) participated in the World Congress International Road Transport Union (IRU) in Muscat and discussed the challenges and opportunities in public transportation and mobility. The three-day IRU World Congress, which concluded on November 8 ...

UAE, Uruguay trade exchange reaches $43.6 million

(The Gulf Today - 11/12/2018 8:08:00 AM)

The total value of trade exchange between the United Arab Emirates and Uruguay reached $43.6 million in 2017, with a growth of 26.5% compared to $34 million in 2016.

The Trade Policy Review between the UAE and Uruguay, issued by the Ministry of ...

Sharjah real estate deals hit Dhs14.6b in 9 months

(The Gulf Today - 11/12/2018 8:05:00 AM)

Sharjah Real Estate Registration Directorate (SRED) has revealed that real estate transactions reached Dhs14.6 billion in the Emirate in the first nine months of this year, reaffirming Sharjah market’s attractiveness and ability to compete with global ...

Bahrain eyes open banking; CBB issues draft rules

(Trade Arabia - 11/12/2018 7:53:00 AM)

The Central Bank of Bahrain (CBB) today issued for consultation the draft rules on “open banking”, which is a relatively new concept based on the idea of interconnecting licensed retail banks and other financial institutions to FinTech firms which ...

Biggest-ever Adipec opens in Abu Dhabi

(Trade Arabia - 11/12/2018 7:47:00 AM)

More than 100 corporate CEOs and government ministers, over 2,200 exhibiting companies and thousands of delegates from across the world will gather in Abu Dhabi for the next four attending the Abu Dhabi International Petroleum Exhibition and Conference ...

UAE keen to harness new tech: VP

(The Gulf Today - 11/12/2018 7:45:00 AM)

His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, on Sunday said that being proactive in creating a better tomorrow is a priority for the UAE government. This approach guides the ...