New report calls for actions to stop counterfeiting and piracy in Free Trade Zones
The FINANCIAL -- A new report from ICC’s Business Action to Stop Counterfeiting and Piracy (BASCAP) calls for increased regulation and better management of Free Trade Zones (FTZs) to stop the alarming trend of the use of FTZs...Read more...
World economic climate improves slightly
The FINANCIAL -- The Ifo World Economic Climate Indicator continued to rise, even if only slightly, announced International Chamber of Commerce. Both assessments of the current economic situation and the six-month economic...Read more...
ICC Ghana welcomes new WTO Director-General.
The International Chamber of Commerce (ICC) has congratulated Ambassador Roberto Carvalho de Azevedo of Brazil on his selection as the new Director-General of the World Trade Organisation (WTO). “We are in complete agreement...Read more...
Arif Naqvi gets 2013 Oslo Business For Peace Award
Arif Naqvi, Founder and Group Chief Executive of The Abraaj Group, has received the 2013 Oslo Business for Peace Award at a ceremony at the Oslo City Hall, Norway. Naqvi is the first Pakistani national and the first chief...Read more...
Framing of next budget is challenging: Muhith
Uncertainty over achieving targets of ongoing budget Published : Friday, 17 May 2013 FE Report Finance Minister AMA Muhith said Thursday framing of the upcoming budget will not be comfortable for the government as the current...Read more...
New-look direct selling code unveiled
On April 30, the International Chamber of Commerce (ICC), released its newly revised International Code of Direct Selling, which it developed in close cooperation with the World Federation of Direct Selling Associations...Read more...
PIC officials suspended
KUWAIT CITY, May 16, (KUNA): The Kuwaiti Cabinet convened an emergency meeting at Al-Saif Palace on Thursday to discuss the consequences of the cancellation in 2012 of the $17.4 billion KDow Petrochemicals deal, a joint venture...Read more...
ICC publishes compliance toolkit
The International Chamber of Commerce has recently published a competition compliance toolkit. It intends to provide companies with practical tools in order to enable them to create a robust competition compliance programme. In...Read more...
Number of pirate attacks against ships worldwide from 2006 to 2013*
Register for free and benefit from the following extras: Worldwide; ICC - International Chamber of Commerce Source: ICC Reading support: This statistic depicts the number of pirate attacks against ships worldwide from 2006 to...Read more...
The UN Procurement Division
The UN Procurement Division (UN/PD) is pleased to offer to the world vendor community and particularly vendors from countries classified as developing or with economies in transition a new set of informational products. Many of...Read more...
6 Month Outlook for World Economic Climate Improves Again
Six Month Outlook for World Economic Climate Improves Again The International Chamber of Commerce (ICC) Ireland has today (15/05/13) said that the outlook for the global economic climate remains positive according to the latest...Read more...
Romanian state-owned energy company Electrica wants Kc500m from CEZ in arbitration
Romanian state-owned energy company Electrica has filed an arbitration complaint against Czech energy concern CEZ last year in October, claiming EUR18.8m (Kc486m), weekly Tyden writes in its latest issue citing CEZ spokeswoman...Read more...
MICHIGAN BRIEFS: Economic development? We don't need that here
Apparently, those hordes of leaf-peepers have started taking a toll on some officials up north. Last month, the Leelanau County Board of Commissioners nixed a partnership with the Traverse Bay Economic Development Corp. to...Read more...
Uganda Shines in Doha, Qatar During the 8th World Chambers Congress
New Vision]Uganda's star shone bright at the just concluded 8th World Chambers Congress that was organised by the International Chamber of Commerce and the World Chambers Federation together with the Qatar Chamber of Commerce...Read more...
SC rejects Antrix plea on Devas’ arbitration move
By Samanwaya Rautray, ET Bureau | 11 May, 2013, 04.17AM IST has dismissed a plea by Antrix, the commercial arm of Indian Space Research Organisation (Isro), against Bangalore-based start-up Devas Multimedia's move to initiate...Read more...
IRU Appoints New Secretary General
The General Assembly of the International Road Transport Union (IRU) today appointed Umberto de Pretto as new Secretary General of the IRU. He replaces IRU Secretary General Martin Marmy and will assume this new function as of...Read more...
Minister questioned over Dow payment – MP calls for banning community function
KUWAIT: MP Faisal Al-Fuwaisan yesterday sent a series of questions to Oil Minister Hani Hussein about the payment of the $2.2 billion penalty to US Dow Chemical for unilaterally scrapping a multi-billion-dollar joint venture...Read more...
Kuwait’s PIC pays $2.2b for scrapping joint venture
KUWAIT CITY — Kuwait’s state-owned Petrochemical Industries Co. (PIC) said it has reached a final settlement with US giant Dow Chemical to pay around $2.2 billion (1.7 billion euros) as a penalty for scrapping a joint venture....Read more...
Dow receives $2.2bn in damages from Kuwait
KUWAIT: Kuwait’s state-owned Petrochemical Industries Co (PIC) said yesterday it reached a final settlement with US giant Dow Chemical and paid around $2.2 billion as a penalty for scrapping a joint venture. PIC said in a...Read more...
Dubai Chamber promotes Dubai's financial hub status in Lisbon
As part of its strategic role in the expansion of global and inter-regional trade and as host of the ICC Regional Banking Commission Middle East and North Africa (MENA) headquarters, the Dubai Chamber of Commerce and Industry...Read more...
ICC elects new chairman and vice
Harold McGraw III will become Chairman of the International Chamber of Commerce, and Sunil Bharti Mittal will be his Vice-Chairman — effective 1 July. The current ICC Chairman, Gerard Worms, will become ICC Honorary Chairman,...Read more...
Singapore presence in Jafza quadruples in last ten years
The number of Singaporean companies in Jebel Ali Free Zone (Jafza), the flagship Free Zone operation of Economic Zones World (EZW), has seen 400% increase in the last ten years to reach 65. The bilateral trade between Singapore...Read more...
[Uruknet 97238 03-may-2013 04:27 ECT] Qatari prince woos Israeli companies
April 30, 2013- A representative of Qatar s royal family, Prince Khalifa al-Thani, is expected to visit Israel in November in a bid to promote cooperation in the field of high-tech between the two countries.This will be the...Read more...
Qatari Sheikh Said to Want to Visit Israel on Business
Eyebrows went up in Israel's business community this week when a prominent Israeli business leader said that a top Qatari businessman and member of the royal family is mulling a visit to Jerusalem later this year to boost...Read more...
MaritimeSecurity.Asia
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ICC unveils rules for open-account trade
On April 17, the International Chamber of Commerce (ICC) launched the Uniform Rules for Bank Payment Obligation (URBPO), a twenty-first-century standard in supply chain finance that will facilitate international trade. The...Read more...
ICC appoints new Chair of the Digital Economy Commission
The FINANCIAL -- The International Chamber of Commerce (ICC) announced the appointment of Joseph Alhadeff as the new Chair of the ICC Commission on the Digital Economy. Having served as Vice-Chair since May 2002, Mr Alhadeff...Read more...
Somali pirates release Danish vessel after 2 years
By XINHUA Posted Wednesday, May 1 2013 at 16:11 Somali pirates have released a Danish coaster after two years in captivity, a Kenyan maritime official has said. Seafarers' Union of Kenya Secretary General Andrew Mwangura said...Read more...
ICC Releases Revised Direct Selling Code
On Tuesday, the International Chamber of Commerce (ICC) released an updated version of its International Code of Direct Selling. The Code, developed in cooperation with the World Federation of Direct Selling Associations,...Read more...
Somali pirates release Danish vessel with 6 crew
Somali pirates have released the Danish coaster M/V Leopard after two years in captivity, a Kenyan maritime official said on Wednesday. Seafarers' Union of Kenya Secretary General Andrew Mwangura said the vessel which was...Read more...
