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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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Crude oil is not among the list of products facing import duties, but traders said the positive sentiment of the truce also moved crude markets. (Shutterstock)
December 5th, 2018 - 07:44 GMT

Saudi-Russian Agreement Lifts Oil Prices by 5 Percent

The source pointed out the number of expatriate employees in the ministry decreased in the current fiscal year compared to the previous year when the number exceeded 1,500. (Shutterstock)
December 5th, 2018 - 07:36 GMT

Kuwait Halts 1080 Education Jobs Occupied by Expats

Foreign Ministry spokesman denies 'baseless' rumors regarding any agreement between Tehran and Seoul, local media reports. (Shutterstock)
December 5th, 2018 - 06:53 GMT

Iran Refutes Oil-For-Food Deal With South Korea

Sanan Nasibli during the forum
December 4th, 2018 - 12:38 GMT

Dubai Chamber Showcases Dubai’s Competitive Advantages at Interregional Export Forum in Russia

According to the agreement, 50 per cent of the total amount is scheduled to be paid off over the next two weeks, 25 per cent in February 2019 and 25 per cent in April.
December 4th, 2018 - 11:04 GMT

Libya to Pay off Its $220 Million Debts to Jordan's Hospitals

Despite the development, the monetary situation is still stable, noting that the Central Bank has other tools at its disposal to draw more funds. (Shutterstock)
December 4th, 2018 - 10:49 GMT

Almost $570 Million Converted to Dollar Account in Lebanon

Cryptocurrencies overall were flat, with the total coin market capitalization at $130 billion at the time of writing. (Shutterstock)
December 4th, 2018 - 10:39 GMT

Bitcoin Prices Still Tumbling While Calls for Regulations Persist

Forty countries are represented at the three-day event in Egypt, one of the Middle East's top military powers. (Shutterstock)
December 4th, 2018 - 09:49 GMT

Why Did Sisi Inaugurate Egypt's First Arms Trade Fair?

US special envoy for Iran Brian Hook rejected Iran’s insistence that its missile program is defensive. (Shutterstock)
December 4th, 2018 - 08:23 GMT

Will the EU Impose Sanctions on Iran Over Its Ballistic Missile Tests? the US Thinks It Should

The UAE's leisure and entertainment market potential will reach 45 million visitors by 2021. (Shutterstock)
December 4th, 2018 - 07:24 GMT

Will Dubai's Entertainment Strategy Help Boost Its Economy?

The expo is a good opportunity to strengthen the relations between Qatar and Oman. (Shutterstock)
December 4th, 2018 - 07:12 GMT

Oman, Qatar Relations Strengthened by Blockade

During the event
December 3rd, 2018 - 09:04 GMT

Federal Tax Authority: Profit Margin Scheme Applies Only to Used Cars Already Subjected to Vat

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