Arab Business

Palestinian economy grows without restrictions
alt The International Labour Organization's annual report on the situation of workers of the occupied Arab territories called on Thursday for the lifting of restrictions on movement, employment and economic activity, in order to increase opportunities for decent work. "As the momentum for growth ...DETAILS
Abu Dhabi consumer confidence rises
alt The general consumer confidence in economic performance index for the Emirate of Abu Dhabi in the first quarter of 2013 hiked by 2 points, up from 126 for the same period of 2012, an index by Studies Directory of the Department of Economic Development showed. The index showed that 2012 ...DETAILS
'Project Lebanon' Exhibition opens
alt The 8th session of the "Project Lebanon exhibition 2013", the largest gathering for the building sector professionals in Lebanon and Middle East, opened here today. Over more than 700 exhibitors of building materials, equipment and technology from 26 countries in the world, including ...DETAILS
Uzbekistan seeks UAE investment
alt The UAE and Uzbekistan are increasing cooperation as the CIS country seeks foreign direct investment, while UAE re-exports are growing, a study recently commissioned by Dubai Chamber of Commerce and Industry shows. Details of the study, compiled by the Economist Intelligence Unit, were ...DETAILS
Egypt, IMF not at loggerheads
Egyptian Prime Minister Hisham Qandil underlined Egypt and the International Monetary Fund (IMF) are not at loggerheads concerning a 4.8 billion dollar loan. In statements to MENA on Sunday, he said "Egypt and the IMF agree on the measures that should be taken concerning the loan, but ...DETAILS
Saudi Arabia, Egypt sign $1.59bn MoU
Saudi Arabia and Egypt signed Saturday a 1.59-billion-U.S. dollar Memorandum of Understanding ( MoU) on electrical interconnection and exchange of electric power between the two countries, according to Saudi Press Agency. Saudi Arabia's Minister of Water and Electricity Engineer, Abdullah ...DETAILS
Saudi Arabia to power Egypt
Saudi Arabia and Egypt will sign today a memorandum of understanding for an electricity-sharing project between the two countries. The deal will be signed by the electricity ministers of the two countries. The project will cost around $ 2.1 billion and is aimed at exchanging electricity up ...DETAILS
Saudi companies offer 3000 jobs to Egyptians
Nearly 35 Saudi companies offered more than three thousand job opportunities to the Egyptian labor during the first forum for employment of Egyptian laborer that was held here on Thursday night. In press statements, media adviser at the Egyptian embassy in Riyadh Nabil Bakr said the Saudi ...DETAILS
Iran supports Syria with $7bn
alt Iran has opened two lines of credit totalling $4 billion to Damascus and expects to open up a third to counter the effects of an international embargo, Syria's central bank said on Monday. Central bank governor Adib Mayale told Tishreen newspaper that the Syrian regime is will receive a $3bn ...DETAILS
Private sector invests 28bn Saudi riyal in ports
alt The private sector has pumped additional investments in Saudi ports estimated at SR 28 billion, and helped the Kingdom generate an income estimated at SR 4 billion annually since the start of the privatization policy by the Saudi Ports Authority (SPA) over 17 years ago (in 1417 H), said Captain ...DETAILS
 
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