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Economy and Policy

Economy and Policy latest

cryptocurrency
March 17th, 2026 - 10:38 GMT
Al Bawaba Staff

Al Bawaba Staff

Cryptocurrency in the Arab World: Strategy, Power, and the Post-Oil Economy

Dr. Gil Feiler Over the past few years, the cryptocurrency sector in the Arab world has evolved from a marginal financial curiosity into a strategic component of economic policy. What began as speculative retail trading has gradually transformed into a state-supported technological and financial ecosystem. Today, several Arab governments—particularly in the Gulf—view blockchain and digital assets not merely as financial innovations but as strategic tools that can strengthen their global ...
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The rupee has been consistently falling due to widening trade deficit, dwindling foreign exchange reserves and free-float exchange rate mechanism agreed with the IMF.
June 27th, 2019 - 08:59 GMT

Pakistani Rupee Hits Another Life-Time Low Against US Dollar

Crown Prince Muhammad Bin Salman, deputy premier and minister of defense, and South Korean President Moon Jae-In shake hands during a meeting at the Presidential Blue House in Seoul on Wednesday.
June 26th, 2019 - 10:51 GMT

Saudi Arabia Signs 15 New Agreements With Investors in South Korea

China's President Xi Jinping shakes hands with US President Donald Trump during a business leaders event at the Great Hall of the People in Beijing.
June 26th, 2019 - 09:58 GMT

US Hopes to Restart China Trade Talks While Not Accepting Conditions on Tariff Use

The federal government will retain Dh8.1 billion (30 per cent of collected revenues) while the remaining Dh18.9 billion will be divided among the emirates.
June 26th, 2019 - 08:34 GMT

UAE’s VAT Revenue Exceeds Estimates, Hits $7.4 Billion

A cut in servicing the cost of Lebanon’s massive public debt has been factored into the 2019 draft state budget that aims to slice the deficit to 7.6% of GDP.
June 26th, 2019 - 08:09 GMT

Zero Percent Economic Growth Projected for Lebanon this Year

The projects include the expansion of a milk production unit in the central city of Sidi Bouzid at a cost of at least USD 17 million.
June 26th, 2019 - 07:58 GMT

Tunisia to Invest over $204 Million in Vital Projects

The applicant should be at least a bachelor's degree holder or its equivalent; have at least five years of work experience, have a valid employment contract and a monthly salary of not less than Dh30,000.
June 26th, 2019 - 07:48 GMT

Here's Who Can Apply for UAE's Gold Card and How

The UAE has seen its rating improve seven places since the launch of the report in 2012-13 till date.
June 26th, 2019 - 07:30 GMT

UAE Ranks 1st Among Its Peers in Mideast in FutureBrand Index

On Tuesday, gold broke above technical resistance which has thwarted every rally for half a decade to finally rise above $1,400.
June 26th, 2019 - 06:40 GMT

Gold Prices Surge to 6-Year High, Exceeding $1400

The purpose of the amnesty scheme, which will end on June 30, is to allow the non-documented economy's inclusion in the taxation system to trigger economic revival and growth by encouraging a tax compliance in the economy.
June 26th, 2019 - 06:17 GMT

Pakistanis to Declare over $6 Billion of Assets in Foreign Countries

Turkish people gather to celebrate after the Istanbul mayoral elections re-run, at Kadikoy in Istanbul, on June 23, 2019.
June 25th, 2019 - 02:30 GMT

Turkish Lira Up 2 Percent After Istanbul’s Mayoral Elections

China is ranked as the first country to exports to Bahrain with BD58 million
June 25th, 2019 - 01:00 GMT

Bahrain-Origin Exports Surge 16 Percent Reaching $553 Million in May

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