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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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A spokesman for the Saudi embassy in Washington did not immediately return a request for comment. (AFP)
March 31st, 2019 - 10:11 GMT

Saudi Arabia Gains Personal Information From Bezos' Phone

Seven Tides
March 31st, 2019 - 07:46 GMT

Seven Tides Unveils New Payment Plans for Two Projects in Dubai

Both sides reported progress in the talks and China also approved majority-owned brokerage joint ventures for US bank JP Morgan Chase and Japan’s Nomura. (AFP)
March 31st, 2019 - 07:08 GMT

Progress in Trade Talk Between US, China

The business sector increased by Dh4.0 billion (32.6 per cent), the government sector by Dh518.4 million (726.1 per cent), and the individual sector by 43.3 per cent compared with the same period of 2017. (Shutterstock)
March 29th, 2019 - 07:00 GMT

Abu Dhabi's Exports Hit $4.7 Million in Q4 2018

China did not introduce a voluntary disclosure scheme allowing people to declare previously hidden overseas assets and pay a penalty to avoid criminal charges. (Shutterstock)
March 28th, 2019 - 12:19 GMT

Western Transparency Fuels Chinese Suppression

Spread across 7.2 million sq ft area, Sharjah Sustainable City is strategically located near the emirate's Al Rahmaniya area, easily accessible from the Sharjah International Airport and Sharjah University City. (Shutterstock)
March 28th, 2019 - 11:22 GMT

UAE Launches $544 Million Sustainable City Project

Two-hundred and seventy five workers at Careem offices in the UAE, Germany and Pakistan will become millionaires after the company's acquisition by fellow ride-sharing app Uber. (File/Photo)
March 28th, 2019 - 10:40 GMT

Hundreds of Careem Employees in UAE to Become Millionaires

Under the agreement, Zain KSA is selling only its passive, physical infrastructure to IHS and will retain its intelligent software, technology and intellectual property with respect to managing its network. (Shutterstock)
March 28th, 2019 - 09:35 GMT

Zain KSA Seals $666 Million Deal on Selling, Leasing Infrastructure

The new Arar crossing with Iraq, which is under construction, will be equipped with state-of-the-art technology and meet global standards. (Shutterstock)
March 26th, 2019 - 01:03 GMT

Saudi Arabia to Develop Trade Ties With Iraq

The move is in connection with the acquisition of Careem by Uber Technologies, a San Francisco headquartered transportation network company. (Shutterstock)
March 26th, 2019 - 12:44 GMT

Leading Travel and Tourism Company Exits Careem in $474 Million Deal

The UAE and Lebanon had the highest number of billionaires, with 7 entries each, followed by Egypt with 6 billionaires. (Shutterstock)
March 26th, 2019 - 10:40 GMT

Video: The 10 Richest Arabs of 2018

The affirmation of the Aa2 rating incorporates Moody's view that the government of Abu Dhabi, the wealthiest of the seven Emirates that comprise the UAE, stands fully behind the federal government of the UAE. (Shutterstock)
March 26th, 2019 - 09:49 GMT

Moody's Affirms UAE's Rating; Outlook Remains Stable

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