Posts from category UAE 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
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
Migrant Workers Fuel e-Wallet Growth in the Gulf
on February 24, 2010 by admin in Africa News, Business Communication, E-Commerce, India News, Malaysia News, Trade News, UAE News, World Business, Comments Off
The current mobile phone finance players and aspiring entrants are vying among one another to extract a higher share of the future market of mobile payments, the latest mode of payment among migrant workers, by joining forces with current mobile… 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
Blue-tongue Virus Scare Forces the UAE to Impose Restrictions
on May 19, 2009 by admin in Bilateral Trade, Business, Cargo News, Dubai News, News, Shipping News, Tradeoff, UAE News, World Business, Comments Off
The World Organisation for Animal Health’s (OIE) report on the resurfacing of the blue-tongue disease among animals in some countries of Europe has alerted the UAE to take preventive measures to contain the virus from entering the country. On reports… 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