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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 World Bank revised its GDP growth estimate for Lebanon to just 0.2 percent from 1 percent in 2018. (Shuttertock)
April 9th, 2019 - 09:09 GMT

World Bank: Lebanon’s GDP Growth to Decline to 0.2 Percent

The performance of various GCC market indices diverged during the month with Saudi Arabian Tadawul index. (AFP)
April 9th, 2019 - 08:49 GMT

Saudi Arabia Market Leads the GCC, Standing at 12.3 Percent

The financial market manipulation violated all norms of accepted conduct and will not be allowed to go unchecked. (Shutterstock)
April 9th, 2019 - 06:47 GMT

Qatar Sues Saudi, UAE Banks Over Manipulation of Qatari Riyal

The Kingdom has been trading its oil in dollars for decades and that has served well its financing and monetary needs. (Shutterstock)
April 9th, 2019 - 06:19 GMT

Saudi Arabia Rejects Non-Dollar Oil Trade

Double taxation avoidance agreements allocate taxing rights and ensure individuals and businesses are only taxed once. (Shutterstock)
April 9th, 2019 - 05:44 GMT

UAE-Saudi Double Tax Avoidance Agreement to Boost Bilateral Trade

Ahmad Bin Shafar, CEO of Empower.
April 8th, 2019 - 11:14 GMT

Empower Reinforces the Circular Economy 360 Model for a Sustainable Dubai

H.E. Sultan Bin Saeed Al Mansoori, UAE Minister of Economy
April 8th, 2019 - 07:27 GMT

UAE Ranks First in the Region Representing 36 Percent of the Total FDI Flow to the Arab Countries

The police also recorded 41 forgery cases and arrested 63 suspects in 2018. (Shutterstock)
April 8th, 2019 - 04:38 GMT

Dubai Seizes Dh1 Billion in Fake Currency

One of the key sectors that have seen an uptick in FDIs include wholesale and retail trade. The total foreign direct investment in this sector amounted to about $29.8 billion, with a contribution of 24.9 percent of the total FDI inflows in the UAE. (Shutterstock)
April 8th, 2019 - 03:48 GMT

UAE Tops List of Arab Countries' FDI at $10.35 Billion in 2017

This programme is a social process that is based on a comprehensive analysis of the economic, social and cultural situation, he said. (Shutterstock)
April 8th, 2019 - 03:43 GMT

Tunisia Prepares for Socio-Economic Programme Ahead of Elections

Turning to his visit with Iranian minister of energy, he said, “expert-level session was held in continuation of our previous talks with regard to the development of Iraqi electricity in cooperation with the Islamic Republic of Iran.” (Shutterstock)
April 8th, 2019 - 03:39 GMT

Iraq, Iran to Bolster Electricity Cooperation

According to spokesman for the Atomic Energy Organization of Iran (AEOI), Behrouz Kamalvandi, the achievements would cover various fields, including exploration, extraction, fuel cycle, power plants, science and technology as well as laser. (Shutterstock)
April 8th, 2019 - 03:34 GMT

Iran Already Hit 114 Nuclear Achievements and Will Reveal Them on Tuesday

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