Saturday, 17 May 2008

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YOUR DIRECTORY /

Ministry of Economy

Main Category: Government (Federal)
First Address : PO Box 904
City : Abu Dhabi
Country : United Arab Emirates
Phone: 971 2 6271100
Fax: 971 2 6261344
Email: moep@moep.gov.ae
Website: www.moep.gov.ae


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ALL STORIES LIST


UAE to develop aluminium sector

UAE's Minister of Economy meets with Russian delegation, Dubal to boost aluminium industry.

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National survey to profile workforce

Ministry of Economy will question families across UAE to build reliable picture of employment in country.

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New cement price cap at US $92.5 per tonne

A tonne of cement in the UAE has been fixed at a cost of US $92.5 (AED340) by the Ministry of Economy.

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Cement producers cut prices 6%

Firms agree with Ministry of Economy to reduce prices to help tackle record inflation in UAE.

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Cement cap set to rise

The price cap on cement is expected to be officially raised this week to around US $81.7 (AED300) per tonne, according to a source at the Ministry of Economy in Abu Dhabi.

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The UAE cracks down on price increases

The Ministry of Economy describes agreement to keep prices down at Carrefour as the latest effort in a "series of initiatives" with the industry.

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Cost catastrophe

Disputes over food price hikes have sent shockwaves through the industry and triggered prompt action coupled with scepticism.

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UAE urges supermarkets to import directly

Ministry of Economy encourages retailers to cut out middlemen to lower pricess.

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UAE crash victims face insurance denial

Insurers may try to refuse payouts from 200-car pile-up due to get out clause in policies.

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UAE in construction boom

The UAE economy grew 7.4% last year on the expansion of the manufacturing and construction sectors, as well as oil and gas, the Ministry of Economy said in a report last week.

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UAE targets 5% inflation in '08

Reducing inflation 'a big challenge', says minister, in face of predictions of 12% inflation this year.

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UAE to allow foreign ownership in six months

New company law will allow majority foreign ownership in certain sectors, minister says.

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UAE agrees food discounts with Co-ops

Union Cooperative Society chain to sell 16 basic foods at cut prices to nationals - ministry.

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CABSAT draws a crowd with key launches and initiatives

UAE Minister of Economy His Excellency Sultan bin Saeed Al Mansouri officially opened the 14th edition of CABSAT yesterday, marking the beginning of what is set to be the biggest and best installment yet of the region's top annual electronic media and satellite communications event.

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Warning sounds

The copyright law for background music in the United Arab Emirates is about to get very serious.

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Region at risk as supply chains tighten

Global contraction of raw materials and workers' rights threatens to derail construction boom.

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UAE food prices head skywards

Basic food prices jump 36% with exporter demands to push rice up by more than 70%, newspaper says.

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Soaring growth not sustainable, warns minister

Gulf markets urged to monitor global issues which could negatively affect growth.

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UAE gov't slams 'incorrect' economic freedom report

Ministry rejects Economic Freedom report as 'inaccurate', and 'inconsistent'.

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AAA honours UAE Ministry of Economy for IPR efforts

Arabian Anti-Piracy Alliance presents plaque to Ministry of Economy in recognition of copyright protection efforts

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Bush and dogged downfall impact construction industry

The construction industry in the UAE took a beating last week due to heavy rain and US president George Bush's visit to the country.

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Out with the old, and in with the new

Michael Grose, Partner, Clyde & Co looks at the hottest topics that will be at the forefront of the legal profession in the region this year.

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UAE Ministry of Economy promotes IPR

HE Sheikha Lubna Al Qasimi addresses first Arab Intellectual Property Forum in Abu Dhabi

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Foreign investment in UAE tops $18bn

Sheikha Lubna unveils study showing FDI rose 10.8% in 2006 with Dubai the biggest recipient.

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UAE economy to surge 16%

Rocketing oil prices and a flurry of new mega-investments driving growth in the Emirates, IMF says.

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Private sector failing to attract Arab women

AIWF Forum: Sector needs to 'work ten times harder', says Sheikha Lubna.

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'No price hikes', traders warned

UAE Ministry of Economy threatens maximum penalties for suppliers who exploit increase in gov't wages.

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Nielsen to go full circle in Jeddah

The global information and media company reveals plans for its inaugural Consumer 360º conference in Saudi Arabia.

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UAE, US review trade talks progress

The two countries talk trade, economic relations and joint investment ventures during US treasury visit.

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Government and business need to work together on ICT economies says HE Sheikha Lubna Al Qasimi

Sheikha Lubna Al Qasimi, UAE Minister of Economy says more co-operation is needed to promote IT innovation

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Toxic toothpaste banned in UAE

Gov't orders eight brands of Chinese toothpaste off store shelves for containing a toxic chemical.

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UAE gets tough on Ramadan price hikes

Newspaper ads hammer home message that businesses exploiting consumers will be closed down.

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Rail plan still on track

The feasibility study for a 350km national railway network within the UAE has been completed and is now waiting approval from the government, according to a source from the Ministry of Planning and Economy in Abu Dhabi.

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Shops shut down for profiteering during Ramadan

UAE closes shops for exploiting consumers in holy month by hiking prices.

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The need to cap pay rises

The Middle East needs to take the painful step of setting a cap for public sector-owned industries to rein in inflation.

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Cap on cement being ignored

Cement prices are continuing to escalate despite the introduction of an official price cap a few months ago.

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Lubna: Boost Vietnam ties

UAE minister of economy says Emirates needs to increase bilateral ties through mutual investment.

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UAE insurance sector investment drops

Investment in the UAE insurance sector dropped by 5.6% last year to $4.7bn, official figures show.

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Still fancy a bite?

Is the region's multi-billion dollar food industry a playground for biotech companies or is this just the future?

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UAE reveals competitiveness plan

Ministry of Economy announces details of its strategy to enhance capability across the country's economic sectors.

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Abu Dhabi GDP to hit $159bn in 2010

UAE capital set to see $159bn GDP in 2010 as it maintains steady growth rate of 13%, report says.

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GM recalls Aveo cars in UAE

Around 1,500 Chevrolet Aveos with fuel-line faults that could cause fire in head-on collision have been recalled.

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Rupee incomes collapse in GCC

Weak dollar, strong rupee and soaring inflation mean Indian workers in Gulf are 30% worse off than last year.

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UAE, US trade talks continue

UAE ministers have held talks with Washington officials in a bid to move closer towards a FTA.

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UAE, US continue trade talks

The two countries are still keen to boost trade ties, despite failure to conclude a free trade agreement before TPA expiry.

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In Pole position

Poland offers the world a gateway to Eastern Europe. For the Middle East, this marks the rekindling of a decades-old relationship.

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Rice price hike gets green light

Suppliers get nod for 20% rise but threaten to pull supply if further increase not given.

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Exhibition to boost US$200m Poland-UAE trade

Dubai is to host a significant Poland-UAE trade exhibition with the aim of strengthening trade ties between Poland and the Middle East.

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Cap may breed illegal trade

Cement traders have warned that the UAE government's attempt to stabilise rising cement prices by setting a price cap, could lead to the growth of a black market in the regional construction industry.

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UAE inflation rate rises to 9.3%

Living costs are hit by soaring rental rates, according to government statistics.

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Exhibition to boost $200m Poland-UAE trade

The Polish Business Days Exhibition will be held in Dubai later this year.

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UAE fixes cement prices

Cap comes as rising cement costs threaten to slow the country's construction boom.

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UAE to lift foreign ownership curbs

The country is to allow 100% foreign ownership of some companies, minister says.

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UAE sets up insurance watchdog

Regulatory authority will launch in August to govern UAE insurance companies.

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UAE launches investment guide

The 165-page book is aimed at attracting more foreign investment into the country.

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Dubai ups the fight against fraud

Business fraud and fake goods are the target of a workshop organised by the customs authority.

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Deyaar sets up for IPO

UAE real estate company, Deyaar, has announced that it has secured the approval of the UAE's Ministry of Economy to launch its Initial Public Offering (IPO).

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UAE to crack down on price rises

Drive to lower inflation will see retailers and suppliers penalised for overcharging.

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MoE clamps down on piracy

The Ministry of Economy is applauded for its bid to curb mounting illegal software distribution in the UAE.

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9/11 a turning point in GCC, says Minister

UAE Minister of Economy, HE Sheikha Lubna, describes how attitudes shifted towards investing nearer home after attacks.

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Low cost, high skies

Cheap no-frills air travel is taking off in the GCC, says Gemma Greenwood.

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Quest to find Mr and Mrs Average

A UAE-wide survey will gather financial data and aim to identify the country's typical household.

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UAE Minister calls for open skies policy

UAE's Sheikha Lubna Al Qasimi says that protectionism is damaging regional airline growth.

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UAE ruling set to shake up electronics channel

Uncertainty reigns in UAE channel sector following historic government ruling

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