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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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Lebanon's Newly Formed Government to Unlock $11 Billion in Foreign Aid. (Shutterstock)
February 3rd, 2019 - 06:09 GMT

Lebanon's Newly Formed Government to Unlock $11 Billion in Foreign Aid


He noted that the first phase of the project will start in two months and will include the construction of Neom Bay. (Neom)
February 3rd, 2019 - 06:00 GMT

Saudi Confirms NEOM Strategy Announcement for Mid 2019

While demand for jewelery was very weak in both Saudi Arabia and the UAE in 2018, it was much worse in Turkey and Iran. (Shutterstock)
February 3rd, 2019 - 05:45 GMT

Gold Is No Longer Glittering for Arab Jewelers in Middle East

Shipments reached 365.2 million units in the last three months of 2018. (Shutterstock)
February 3rd, 2019 - 05:36 GMT

Smartphone Splurge in Gulf Cools Down as Economic Struggles Loom

Saudi Arabia is about to begin development of the first area of its mega business zone NEOM. (Shutterstock)
February 3rd, 2019 - 05:30 GMT

Saudi Launches $53 Billion Industrial Plan NIDLP

Turkey's path will not cross with IMF's for either loans or technical support, says Turkish Treasury and Finance Ministry. (Shutterstock)
February 2nd, 2019 - 10:41 GMT

Turkish Economy Needs No External Support: Finance Ministry

Non-oil growth is projected to rise to 3.9 percent in 2019 and 4.2 percent in 2020. (Shutterstock)
February 2nd, 2019 - 10:40 GMT

UAE Non-oil Growth to Rise 3.9 Percent in 2019

Iran’s president said Wednesday the country was facing its toughest economic situation in 40 years. (AFP)
February 1st, 2019 - 05:30 GMT

Iran Blames US for Toughest Economic Situation in 40 Years

Saudi Arabia’s aim to boost foreign investment in the $496 billion Tadawul stock exchange has taken a leap forward. (AFP)
February 1st, 2019 - 05:00 GMT

Saudi Arabia to Launch the Tradeable MSCI Tadawul 30 Index

Turkish exports rose 7 percent on a yearly basis to hit $168 billion. (Shutterstock)
January 31st, 2019 - 01:22 GMT

Turkey’s Foreign Trade Gap Narrowed to 28.4 Percent in 2018

The cost of the Syrian war on Lebanon amounts to about $14 billion. (Shutterstock)
January 31st, 2019 - 10:42 GMT

Central Bank Still Confident With Lebanon’s Economy Despite Regional Woes

The two sides also voiced satisfaction with the growing trend of economic cooperation. (Shutterstock)
January 31st, 2019 - 10:40 GMT

Austria Stresses the Need for Expansion of Economic Cooperation With Iran

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