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Economy and Policy

Economy and Policy latest

DMCC’s Dubai Diamond Exchange Expands Board of Directors
June 24th, 2026 - 05:24 GMT

DMCC’s Dubai Diamond Exchange Expands Board of Directors

DMCC, the leading international business district that drives the flow of global trade through Dubai, has announced the expansion of the Board of Directors of the Dubai Diamond Exchange (DDE), further strengthening the exchange's industry expertise and reinforcing its position at the centre of the global diamond trade. The expanded Board will continue to be chaired by Ahmed Bin Sulayem, Executive Chairman and Chief Executive Officer of DMCC, and brings together senior leaders and advisors from across DMCC's precious stones ecosystem, spanning global diamond markets, industry governance, responsible sourcing and ...
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The officials said 2,657,979 expatriates were arrested for violating the system of residency, 525,532 for violating labor regulations and 225,180 for breaching border security.
June 30th, 2019 - 10:53 GMT

Over 3 Million Illegal Expats Arrested in Saudi Arabia

Deputising for HRH Crown Prince Hussein, Prime Minister Omar Razzaz opens the Digital Mashreq Forum on Saturday.
June 30th, 2019 - 07:55 GMT

Start-Ups in Jordan to Be Exempted From Capital Tax Starting This Year

The situation may escalate further if the US imposes additional tariffs on all remaining imports from China.
June 30th, 2019 - 06:30 GMT

Agencies Change Forecasts for Global Growth Indicating Weaker Economy Worldwide

 China's President Xi Jinping (R) meets with Israel's Prime Minister Benjamin Netanyahu along with their delegates during a meeting at the Great Hall of the People in Beijing on May 9, 2013. Netanyahu is on a five-day trip to China.
June 30th, 2019 - 05:59 GMT

US Alarmed by Strong Chinese-Israel Economic Ties

Before meeting Xi face to face, Trump seemed less optimistic, and while he repeatedly emphasized his “friendship” with China and its leader personally, he said, "As to whether or not we can make a deal, time will tell."
June 29th, 2019 - 03:08 GMT

Will the US-China Trade War End Soon?

Rotating G20 summits also invite guest nations, including ‘permanent guest’ Spain and, this year, partner countries the Netherlands, Norway and Singapore.
June 27th, 2019 - 10:03 GMT

What's Cooking in This Year's G20 Summit?

As trade pressures intensify, analysts say China will loosen policy further in months ahead to shore up economic growth.
June 27th, 2019 - 09:45 GMT

Chinese Exporters Dodge Trade War Bullet by Shifting Production to Low-Cost Nations

Manheim, PA - October 1, 2016: People enthusiastically wave Make America Great Again Signs at a Donald Trump campaign rally.
June 27th, 2019 - 09:23 GMT

Will Trumponomics Make America Great Again?

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

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