The Abu Dhabi Development Department of Economic Development (DED) issued its new quarterly report for commercial licenses. As per the report,?with an existing?104,372 licenses, DED issued 2309 new licenses, renewed 18,354 and cancelled 746, by the end of March...
The planned implementation date of the Gulf Cooperation Council?s (GCC) Customs Union will be on January 1, 2015, as said by Obaid Humaid Al Tayer, the Minister of State for Financial Affairs, in the capital. The Gulf Arab countries are...
The Abu Dhabi Fund for Development (ADFD; through the Abu Dhabi Government) has provided loans and grants to aid 16 development projects in Egypt, costing Dh 3.149 billion. Since its founding year in 1974, ADFD has helped Egypt through implementation...
An excess supply of rice from Thailand will help boost global stockpiles and cap prices, the Food and Agriculture Organisation (FAO) said, which will lower record food costs that pushed millions into poverty. Food prices, worldwide had reached a record...
Abu Dhabi based Aabar Investments, has confirmed an investment plan of $850 million (Dh.3.1 million) in Glencore International, as a cornerstone investor with an intention to invest an additional $150 million in the global offer. ?We are pleased to count...
A top Saudi representative to the international labour body has suggested that expat workers who have been living in Gulf countries for 25 years or more should be granted free iqamas (work/residency permits) or permanent resident status outside the...