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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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An Iranian worker at Iran Khodro factory in 2018.
June 13th, 2019 - 12:00 GMT

Iran Auto, Defense Industries Mull Tie-Up to Overcome Sanctions

The US Treasury Wednesday unveiled the sanctions against the company and two of its associates claiming they had ties with Iran's Islamic Revolutionary Guard Corps.
June 13th, 2019 - 11:30 GMT

US Unveils Sanctions Against Iraqi Company Over Ties With Iran

In order for Europe to help Iran with its oil exports and international banking, Iran must be able to sell oil.
June 13th, 2019 - 09:30 GMT

Iran May Change Its Stand on Nuclear Deal Due to Oil Sanctions

The order will regulate and phase out the use of plastic bags.
June 13th, 2019 - 09:00 GMT

No More Plastic Bags in Bahrain Starting July

Monetary policy is expected to gradually tighten as Qatar’s central bank resumes raising interest rates to restore the spread versus US policy rates, and to attract FX inflows into the banking system, the WB report said.
June 13th, 2019 - 08:30 GMT

World Bank: Qatar’s Economy to Expand 3 Percent Over Medium Term

Officials said the shares were sold out to the government department at exaggerated prices amounting to 210 million euros.
June 13th, 2019 - 08:00 GMT

Ex-Emirati Chairman, Expat CEO Sentenced to 15 and 10 Years in Jail Respectively

Analysts predicted that even if the Qatari pledge was real, the 15 billion it promised will not be enough to resolve the ailing economy.
June 12th, 2019 - 10:23 GMT

How Sincere Is Qatar's Pledge to Support Turkey's Deteriorating Economy?

The law also provides for a new administration process where there is evidence of mismanagement or misconduct.
June 12th, 2019 - 09:26 GMT

Dubai Introduces New Insolvency Law

The government is working to attract foreigners to come and invest, manufacture and export in order to boost trade which is contributing 30 per cent to Dubai’s GDP.
June 12th, 2019 - 07:50 GMT

Chinese Companies to Invest Over $4 Billion in UAE Logistics Projects

Chinese Vice Foreign Minister Zhang Hanhui stated that “trade frictions between China and the US and the spectre of trade frictions between the US and India” are of vital importance for talks between the two countries currently under pressure from Washington.
June 12th, 2019 - 07:23 GMT

China Proposes Unity to India to Resist US Trade ‘Bullying’

The actions follow sanctions on Foz by the European Union in January.
June 12th, 2019 - 06:59 GMT

US Sanctions Syrian Businessman for Supporting Assad Regime

Dubai’s non-oil trade grew 58 per cent in the 2010-2019 decade.
June 12th, 2019 - 06:26 GMT

Dubai Non-Oil Trade Exceeds $92 Billion in Q1 2019

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