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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 sector's short-term loans -- debt that must be paid in the next 12 months -- decreased by $3.6 billion to $11.8 billion during the same period.
June 20th, 2019 - 09:30 GMT

Turkey's Private Sector External Debt Decreases in April

The selective tax on tobacco, its derivatives, energy drinks, alcoholic beverages and pork was 100 per cent applied
June 20th, 2019 - 08:30 GMT

Oman Slashes Tax on Alcohol

The Kingdom values UN Women’s contributions to supporting women’s political rights, empowering them economically and supporting the development of government bodies
June 20th, 2019 - 08:00 GMT

Saudi Arabia Reaffirms Support for Empowerment of Women at UN Meeting

GDP grew from an estimated JD6 billion in 2000 to JD29.98 billion in 2018.
June 20th, 2019 - 07:30 GMT

Jordan Government Seeks Controlling the JD1 Billion Exemptions of 2018

Japan is the Kingdom’s second-biggest source of foreign capital and its third-largest commercial partner.
June 20th, 2019 - 07:00 GMT

Saudi Arabia, Japan Ink New Agreements at Saudi-Japan Vision 2030 Business Forum

There are seven intentional airports welcoming over 100 million passengers annually in the UAE.
June 20th, 2019 - 05:27 GMT

Aviation Sector Contribution to UAE’s GDP to Surge to $88 Billion by 2030

The two sides held their 15th meeting of the joint commission for economic and trade cooperation in Isfahan Tuesday.
June 19th, 2019 - 11:08 GMT

Iran, Russia Ink 12 Agreements to Thwart US Sanctions

The bank says the UK government also lobbied other international authorities to impose financial restrictions, leading to “copycat” sanctions being introduced by the United Nations, the European Union and others.
June 19th, 2019 - 10:53 GMT

After a Decade of Negotiations, UK Settles $1.6 Billion Damages Claim by Iranian Bank

Arab League flag.
June 19th, 2019 - 10:45 GMT

Arab Finance Ministers to Hold Emergency Meeting in Support of Palestinian Authority

The judges announced the temporary suspension of their strike following a meeting at the Justice Palace of Beirut on Monday.
June 19th, 2019 - 10:36 GMT

Judges Suspend 45-Day Strike in Lebanon

The programme's targeted results include; increasing Pakistan's tax to GDP ratio to 17 per cent; increasing the number of active taxpayers to 3.5 million; reducing the compliance burden of paying taxes; and improving the efficiency of customs controls.
June 19th, 2019 - 07:01 GMT

World Bank to Support Pakistan with 3 Loans Worth $918 Million

Welcoming the move, a number of Pakistani expats said that it was high time that such a step was taken by the Pakistan government.
June 19th, 2019 - 06:37 GMT

New Move to Ensure Legal, Risk-Free Working Environment for Pakistani Workers in UAE

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