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FINANCE & ECONOMY

May 16, 2012

Over 50% MEDEXPO exhibitors represent international markets

MEDEXPO, described as the only international and one-of-its-kind health care exhibition, spread across 5,000 square meters will be held from June 17-20 at the Jeddah Center for Forums and Events in Jeddah. The event has received a phenomenal response with over 50 per cent of its exhibitors from international markets such as Australia, Brazil, UK, France, Germany,...

May 16, 2012

India improves ranking in trade logistics performance

Global trade logistics performance slowed down over the last two years amid the global recession but India - ranked 46th among 155 countries - and others that pursued aggressive reforms continued to improve, according to the World Bank.


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May 16, 2012

Morocco secures $250m loan to upgrade phosphate industry

A welcome boost to Morocco’s lucrative and strategic phosphate mining and processing industry has come in the form of a $250m loan from the African Development Bank.

Developing the industry is a key objective for the north African state. But it also has implications for agriculture"...

May 16, 2012

Morocco, slowdown in economic growth, 6-year low

During the first quarter of 2012, economic growth in Morocco saw a net slowdown, sinking, according to the latest figures issued by the High Planning Commission (HCP), to just 2.2 per cent, the lowest level in six years. GDP growth in the kingdom had stood at 4.9 per cent for the first quarter of 2011, and ended the year at 5.3 per cent.

The estimates...

May 16, 2012

Moroccan Entrepreneur Finds Opportunity in Web Hosting

Moroccan internet service Genious Communications has relaunched this week, bringing new cloud-based services to Morocco, and soon, the Arab World.

The company, which founder Hamza Aboulfeth initially launched in 2007, is, according to him, the"...

May 16, 2012

Booz Allen Hamilton to Support Business and Economic Growth in Qatar

Booz Allen Hamilton (NYSE: BAH) announced today it has been licensed by the Qatar Financial Centre Authority to pursue business opportunities in Qatar in support of domestic economic diversification. The firm will focus its expertise on providing specialist services to government and commercial"...

May 16, 2012

Japan's First International Exhibition & Conference Specialised in WIND Energy

WIND EXPO 2013


Reed Exhibitions Japan Ltd. announced the opening of WIND EXPO 2013 – 1st Int'l Wind Energy Expo & Conference. It is the very first exhibition and conference in Japan specialised in wind energy and will be held within World Smart Energy Week 2013 – a collective gathering of 8 specialised"......

May 16, 2012

UAE Highlights Success Stories at the WSIS Forum 2012 Country Workshop in Geneva

The UAE delegation at the World Summit on the Information Society (WSIS) Forum 2012 has the opportunity to highlight its significant achievements during the country workshop held on May 15, the second day of this prestigious international event, in Geneva.


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May 15, 2012

IMF Supports Establishment of Regional Statistical Office for Arab Countries

The International Monetary Fund (IMF) expressed its support today for the creation of a regional statistical agency for the Arab world at a high-level conference on macroeconomic and financial statistics convened in Rabat, Morocco.

"We see great merit in creating ARABSTAT, the Arab's world regional statistical institution. Such an institution could coordinate...

May 15, 2012

Near East countries not able to feed population, FAO

Fragile and limited natural resources, a rapid population increase and demand for food on the rise. On its own the Near East region, which stretches from Morocco to the Arabian peninsula and Iran, will not be able to feed its people: too much waste and food loss straight after its harvesting which reduce the available food sources enormously but also the problem...
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