Posts from category GCC News
Cosmetics Next in Line to Boost Global Halal Trade
on June 7, 2010 by admin in Bahrain News, Business, Dubai News, Export News, GCC News, Saudi Arabia News, Trade News, UAE News, US Business News, Comments Off
The recently concluded Beautyworld Middle East 2010, the largest international trade fair for beauty products in the Middle East, is proving that there is huge demand for halal cosmetics as well besides halal food. Increased participation from the US companies… Continue reading
GCC Puts Oil and Gas Exports at $18.3tn
on May 25, 2010 by admin in Africa News, Business, Export News, GCC News, Kuwait News, News, Saudi Arabia News, Trade News, World Business, Comments Off
The head of Dubai International Financial Centre (DIFC) while addressing the second day of the MENASA (Middle East, North Africa and South Asia) Forum in Dubai said with the presumption of average oil price at $50, the current value of… Continue reading
Dubai Realty Firms Squeeze Clients for Mirages
on April 12, 2010 by admin in Economy, GCC News, Qatar News, Trade News, UAE News, World Business News, Comments Off
Until the global credit crisis rocked the Dubai real estate projects, way back in 2008, people continued to invest in these projects blindly without any logical personal debt management. The fallout – both builders and clients could not keep their… Continue reading
GCC Becomes the Largest Food Importer
on February 17, 2010 by admin in Business, Dubai News, GCC News, Import News, Kuwait News, Pakistan News, Qatar News, Trade News, UAE News, World Business News, Comments Off
According to the World Trade Organisation (WTO), the GCC is the biggest importer of food in the world by buying more than 90 percent of its total needs. The GCC’s very high reliance on external food sources virtually pushes 36mn… Continue reading
UAE Ruler Backs Dubai Govt – Claims Economy is Fine
on December 2, 2009 by admin in Business, Economy, GCC News, UAE News, World Business News, Comments Off
The UAE President Sheikh Khalifa bin Zayed Al Nahyan on the eve of 38th National Day said that the country’s economy was ‘fine’, and supported the efforts by Dubai ruler Sheikh Mohammed bin Rashid Al Maktoum and his team in… Continue reading
India Awaits Major Surge in Investments from the GCC
on November 23, 2009 by admin in Business, Economy, GCC News, India, World Business, Comments Off
The Indian Ambassador to Qatar, Deepa Gopalan Wadhwa told the 12th Industrialists’ Conference, organised by the Gulf Organisation for Industrial Consulting that her country was expecting a surge in investments from the GCC bloc in view of the potential investment… Continue reading
Geithner Trip to Guarantee Investment Safety to the Mid-East
on July 13, 2009 by admin in Economy, GCC News, World Business, Comments Off
The US Treasury Secretary Timothy Geithner in his two-day visit to the Middle East is likely to make serious effort to allay his country’s largest investor region’s fears over the US dollar’s volatility and depreciation. Geithner is expected to reassure… Continue reading
Thailand Ropes in the UAE to Develop Mega Livestock Farms
on June 5, 2009 by admin in ASEAN News, Bilateral Trade, Business, Dairy News, Dubai News, GCC News, Trade Deals, Trade News, World Business, Comments Off
According to sources, Thailand has been able to attract the UAE to invest in its livestock farming industry to produce halal products out of sheep, goats and other livestock. Thailand is understood to have working for some time from now… Continue reading
GCC Rail Projects Provide Huge Opportunities for Rail and Related Global Businesses
on May 14, 2009 by admin in GCC News, Kuwait News, Qatar News, Saudi Arabia News, Trade News, World Business, World Business News, Comments Off
Apart from about 4000km long rail tracks criss-crossing the GCC states, there are several other railway projects in progress and coming up across Gulf region. France, China, the US, UK and India already have a significant presence in the construction… Continue reading
GCC to Ward off the Fears of Fiscal Deficit, if Current Oil Prices Stay Afloat
on April 13, 2009 by admin in Bahrain News, Dubai News, GCC News, Kuwait News, Marine business, Oman News, Qatar News, Saudi Arabia News, Trade News, UAE News, World Business, Comments Off
According to the Middle East oil experts, the current crude prices in the realm of $50/barrel will help GCC to avoid a potential budget deficit as announced by the latest bulletin of the Emirates Industrial Bank (EIB). The bulletin has… Continue reading
Oil Price Predictions Come True – $60/barrel only in Sep.
on April 5, 2009 by admin in Bahrain News, Business, Crude Prices, Dubai News, GCC News, IEA News, Oil Prices, Oman News, OPEC, Qatar News, Saudi Arabia News, Trade News, UAE News, World Business, World Business News, Comments Off
The crude oil prices gradually lost ground after International Energy Agency (IEA) declared fuel demand would decline significantly in the coming months than earlier thought. The grim economic data receiving from major oil consuming countries had forced them to bring… Continue reading