Syria's Prime Minister Muhammad Naji Otri has called upon Arab investors to invest in Syria and help create an Arab economic bloc capable of competing with other economic blocs and confronting the challenges posed by globalisation.
DAIMLER IS TO divest its 30 per cent stake in an engine company in Iran as part of a wider review of links to the country. The German carmaker's chief executive, Dieter Zetsche, said Tehran's political policies were behind the move.
Islamic finance has emerged relatively unscathed from the global economic crisis but there is a need for tighter regulations and higher standards.
Good opportunities await those looking for employment avenues in local and multinational companies across the region beginning from next year, according to experts at recruitment firms in the UAE.
A GCC-WIDE implementation of value-added tax could be delayed to mid-2013 as administrations are unprepared for such a shift and an official decision is yet to be taken, an expert in Dubai said recently.
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