Qatar will likely face higher labour costs as a result of publicity about deaths of migrant construction workers building the infrastructure for the 2022 World Cup soccer tournament, the International Monetary Fund said.
Britain's Guardian newspaper reported in September that
Kuwait's foreign trade surplus widened to 6.4 billion dinars ($22.7 billion) in July-September from a
revised 5.9 billion dinars in the previous quarter, data from the Central Statistical Bureau showed on Sunday.
Exports totalled 8.513 billion dinars, compared to 7.801
Dubai's non-oil foreign trade grew 7.6 per cent to hit Dh1.33 trillion ($362 billion) in 2013, mainly driven by an increase in imports, the emirate's government said on Sunday.
Dubai accounts for around three-quarters of the UAE's non-oil trade.
Deloitte Corporate Finance has appointed Wayne Thomas as managing director to lead its ‘Transaction and Reorganisation Services’ team in the Mena region.
It has also appointed Ollie Saunders as head of real estate valuation on secondment from the UK.
Al Ramz Securities, a leading financial institution, continued to top trading at the Dubai Financial Market (DFM) and Abu Dhabi Securities Exchange (ADX) for the month of February following its strong market-leading start last month.
The brokerage firm traded at Dh10.2 billion ($
IFC, a member of the World Bank Group, has signed an agreement to provide subordinated loans of $150 million for 10 years to leading Lebanese bank Bank Audi.
The deal was signed in co-ordiantion with the IFC Capitalization Fund, managed by the IFC Asset Management Company.
More than 500 participants ranging from SMEs, start-up supports and investors to innovation stakeholders are expected to take part in an upcoming investment forum in Abu Dhabi.
The 10th Annual Meeting and Forum, organised by the International Network for Small and Medium Enterpri
Abu Dhabi-based Insurance House said it has registered healthy results for the second financial year with a net profit of Dh9.56 million ($2.6 million) for the year ended December 31, 2013.
Addressing the second Annual General Meeting, chairman Mohammed Abdulla Alqubaisi said: &q
Flows into exchange-traded funds (ETF) and exchange-traded product, (ETPs) listed globally rebounded in February gathering net inflows of $29 billion which, when combined with the positive market performance in the month, pushed assets in the global ETF/ETP industry to a new record high of $2.4
Telecom operator Zain Bahrain and a firm involved in running petrol stations are among the firms preparing for an initial public offer (IPO) of shares on Bahrain's stock exchange this year, a top bourse official said.
IPOs have been rare in Bahrain in recent years.