Recent

The programme was launched as part of CCCP’s efforts to facilitate communication between DED employees and Chinese-speaking customers, thereby enhancing service quality and customer happiness.
December 13, 2018 - 10:39 GMT
The Commercial Compliance & Consumer Protection (CCCP) sector in the Department of Economic Development (DED), Dubai, marked the graduation of the first batch of eight employees who completed the Chinese language course, launched in partnership with the University of Dubai.
The UAE Central Bank issued a statement on Wednesday. (Shutterstock)
December 13, 2018 - 09:00 GMT
The UAE and Saudi Arabia have started using digital currency which will be backed by fiat currency, Mubarak Rashid Al Mansouri, Governor of the UAE Central Bank, said on Wednesday.

The confidence level of Saudi CEOs about the global economy stood at 94 per cent this year as against 55 per cent last year.  (Shutterstock)
December 13, 2018 - 08:51 GMT
Chief executive officers (CEOs) in Saudi Arabia remain moderately optimistic about the growth prospects of the kingdom's economy, as it diversifies away from oil.
In quitting Iran, multinational European firms ignored pleas by their governments to stay their ground and continue trade. (Shutterstock)
December 13, 2018 - 07:44 GMT
The US and Europe diverge on the need to uphold a landmark nuclear deal with Iran, but their trade path has taken a curiously similar trajectory since Washington reimposed sanctions on Tehran in August.
Iran and Oman have had good economic relations from old times and the ties have even expanded in recent years due to extended bank cooperation between the two countries. (Shutterstock)
December 13, 2018 - 07:39 GMT
A senior provincial official announced that Iran and Oman have launched a direct sea route between their strategic ports which would facilitate trade exchanges between the two countries.
Amir Abdollahian, Iranian parliamentary official (AFP)
December 13, 2018 - 07:21 GMT
Iranian parliamentary official Amir-Abdollahian said the EU’s positive signals that their trade mechanism to facilitate non-dollar transactions with Iran would be launched by year-end needs “practical measures”.
Abdul-Mahdi said he would send a delegation to the United States to seek an exemption from sanctions to keep importing gas from Tehran. (Shutterstock)
December 13, 2018 - 07:13 GMT
Iraqi Prime Minister Adel Abdul-Mahdi has once again reiterated his government’s stance against the US’ unilateral sanctions on the Islamic Republic of Iran.
Prime Minister-designate Saad Hariri. (AFP)
December 13, 2018 - 07:00 GMT
Prime Minister-designate Saad Hariri gave the keynote speech this morning at the opening of the Lebanese-UK Business and Investment Forum at Savoy Placein London.
FTA Director General His Excellency Khalid Ali Al Bustani
December 12, 2018 - 12:31 GMT
The Federal Tax Authority (FTA) asserted that all preparations were complete by the system operator ahead of launching phase two of the Tax Refunds for Tourists Scheme next Sunday (December 16, 2018).
 The MoU was signed between Abdullah Hassan, CEO of Corporate Support Services sector in DED, and Fady Richmany, Senior Director and General Manager, UAE at Dell EMC.
December 12, 2018 - 12:23 GMT
With a vision to drive workforce innovation and transform organisational processes, the Department of Economic Development (DED) in Dubai has signed a Memorandum of Understanding (MoU) with Dell EMC.
The Qatari envoy to Israel and the Gaza Strip Mohammed Al-Emadi. (Asharq Alawsat)
December 12, 2018 - 07:34 GMT
Qatar’s point man to Israel and Gaza, Mohammad al-Emadi, revealed that Doha has proposed to Tel Aviv allowing an air link between it and the Hamas-ruled strip. Israel, however, rejected the proposal.
45 percent of employers do not allow domestic workers to go out on weekly day rest. (Shutterstock)
December 12, 2018 - 07:25 GMT
This is the second part of the report on Rights of Domestic Workers Between Legislative System and Enforcement through Law No. 38 of Year 2015.
Kuwait’s government is keen to fight corruption through the application of financial disclosure statement. (Shutterstock)
December 12, 2018 - 07:19 GMT
The Kuwait Anti- Corruption Authority (Nazaha) referred Tuesday two officials at Kuwait General Administration of Customs to the Public Prosecution on charges of corruption.
Long-term investors prefer to pump their money into mid-term operational shares to speculate and enter into reckless adventures. (Shutterstock)
December 12, 2018 - 07:15 GMT
The Al-Rai newspaper has recorded the best performing companies in terms of market gains since the beginning of the year and until now, with the most commodities losing over 11 months, and finally those gaining the most liquidity in terms of the total trading of about 176 listed companies, reports the daily.
Egypt Aims to Increase Its Exports by up to 20 Percent. (Shutterstock)
December 12, 2018 - 07:04 GMT
Minister of Planning, Follow-Up and Administrative Reform Hala el Saeed said exports are vital for the Egyptian economy, adding that the government is seeking their increase from 15 to 20 percent annually.
Turkey applied for EU membership in 1987, while accession talks began in 2005. (Shutterstock)
December 12, 2018 - 06:49 GMT
Turkey regards membership in the European Union as a strategic foreign policy target, the country’s vice president said Tuesday.