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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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Poroshenko met Turkish President Recep Tayyip Erdogan during the 7th meeting of the council between Turkey and Ukraine held in Istanbul on Saturday. (Shutterstock)
November 8th, 2018 - 02:53 GMT

Ukraine, Turkey to Commence Free Trade

Notably, the pressure on the SWIFT operators is unacceptable, Lavrov said. (Shutterstock)
November 8th, 2018 - 02:43 GMT

Russia Sides With Iran as US Implements Sanctions

Germany’s top diplomat also warned that new sanctions on Iran may further escalate tensions in the Middle East and become a threat to Europe’s security. (Shutterstock)
November 8th, 2018 - 02:38 GMT

Germany Fears US Sanctions Will Empower Irani Radicals

Engineer Saed Al Awadi, CEO of Dubai Exports
November 7th, 2018 - 11:35 GMT

Dubai Exports Brings Spotlight on UAE Foods Sector at SIAL

Iran is among the countries which the US is courting for stepped-up sales of the oilseed. (Shutterstock)
November 7th, 2018 - 08:22 GMT

US’ Iran-Bound Cargoes Still Operational Despite Sanctions

According to OBG’s findings, 70 per cent of executives said their expectations for local business conditions in the approaching year were either positive or very positive. (Shutterstock)
November 7th, 2018 - 08:12 GMT

GCC Executives Cast Positive Outlook on Region but Wary of Political Upheavals

Eni said it was not present in Iran and that the overall impact of the waiver granted to Italy was marginal for its business. (Shutterstock)
November 7th, 2018 - 07:16 GMT

Italy's Eni Contemplating Iranian Crude Despite Sanctions

The Amir said the country's exports increased by 18 percent after the blockade. (AFP)
November 7th, 2018 - 07:11 GMT

Qatari Emir Regrets Fallout With Siege Countries

US will continue to negotiate with India and the seven other countries receiving the six-month exemption to get them to cut their Iranian imports to zero. Since the reimposition of sanctions were announced, India has been cutting back on the Iranian imports. (Shutterstock)
November 7th, 2018 - 06:51 GMT

India Officially Exempt From Iran Sanctions

Industry estimates suggest Iran’s oil exports have in fact fallen by 40-60 percent since Trump said in May that he would reimpose sanctions, but 180-day exemptions for Iran’s biggest oil clients could mean they rise again after November. (Shutterstock)
November 7th, 2018 - 06:35 GMT

Iran Oil Exports Fell 60 Percent Since Sanctions, but Officials Deny Such Reports

The session was organised by the Federal Tax Authority in collaboration with the Dubai Municipality and Al Aweer Auto Market in Dubai.
November 7th, 2018 - 05:39 GMT

Federal Tax Authority Calls on Retailers to Verify Used Cars Were Subject to Vat Before Applying Profit Margin Scheme

Lebanon’s Central Bank and commercial banks have constantly updated anti-money laundering and terrorism financing procedures, in line with international standards. (Shutterstock)
November 6th, 2018 - 08:55 GMT

Lebanese Bankers Claim US Sanctions to Have No Effect on Economy

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