Dubai’s foreign trade with Canada recorded a 61 per cent growth in the first quarter of the year valued at Dh2 billion ($544.3 million) as compared to Dh1.3 billion for the same period last year, said a top official.
Business activity growth in the UAE's non-oil private sector rebounded to near a record high in June, a purchasing managers' survey showed on Thursday, as output rose at the fastest pace in the history of the series.
Egypt is targeting economic growth of between four and 5.8 per cent within the next three years while holding the budget deficit at 10 per cent of economic output, Finance Minister Hany Kadry Dimian told Reuters
Qatar's economic growth rebounded to 6.2 per cent on an annual basis in January-March after a slowdown in the final quarter of 2013 as a double-digit surge in construction activity helped offset a decline in hydrocarbons, data showed on Mond
The UAE’s tea industry is expected to draw in more growth, especially during Ramadan where demand and consumption for tea products are expected to rise, said experts.
In 2013, the total traded volume of tea through Dubai inc
The global foreign direct investment (FDI) will rise 12.5 per cent to $1.62 trillion this year as the economic recovery tempts China, private equity and big companies to spend their warchests, said a UN survey.
The United Nations&
The UAE and Saudi Arabia are witnessing solid growth momentum in terms of their economy for the current quarter when compared to other Mena countries, said a report.
In the emirates, the Purchasing Managers Indices (PMI) headline
Grohe Group, a leading provider of sanitary fittings, has reported a three per cent rise in consolidated sales to reach 364 million euros ($493.5 million) in the first quarter of the year, compared to the same period last year.
Coca-Cola Co expects to start production in five new factories in Egypt and Pakistan over the next 18 months, seeing double-digit percentage growth in sales for both markets this year, its Middle East and North Africa president told Reuters.
ArcelorMittal, the world's top steelmaker, said it would use its Chinese joint venture to tap into the country's fast-growing car market, helping offset slackening steel demand on the back of a slowing economy.