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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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PCFC participates in the big event, 14 to 18 October at Dubai World Trade Center.
October 9th, 2018 - 07:54 GMT

PCFC Showcases Its Latest Innovations at Gitex Technology Week 2018

The US oil drilling rig count fell for a third consecutive week, as rising costs and pipeline bottlenecks have hindered new drilling since June. (Shutterstock)
October 9th, 2018 - 05:57 GMT

US Contemplates Waivers on Iran Crude Sanctions, but There Is a Catch

India, the world’s third-biggest oil importer, will buy nine million barrels of Iranian oil in November. (Shutterstock)
October 9th, 2018 - 05:54 GMT

India Confirms 9 Million Oil Barrels Shipment of Iranian Oil in November

The two sides stressed cooperation in technology transfer and exchanging the know-how in the field, as well as the possibility of investment by Omani companies in the Islamic Republic’s upstream oil and gas sector. (Shutterstock)
October 9th, 2018 - 05:53 GMT

Iran, Oman to Boost Energy Ties

The Iranian president says the US will never be able to stop Iran's oil exports. (AFP/File)
October 9th, 2018 - 05:48 GMT

Report: Washington Pressures Trump to Keep Iran Financial Access

Legislation and Opinion Bureau President Nofan Ajarmeh said that the bill did not criminalise any new actions, but it criminalised some deeds that are perpetrated through technological means that do not accord with the values and morals of the society. (Shutterstock)
October 9th, 2018 - 05:47 GMT

Jordan's New Cybercrime Law: A Hate Speech Monitor or a Press Muzzle?

Erdogan added Turkey is “far from needing” a loan or technical assistance from the IMF. (Shutterstock)
October 9th, 2018 - 05:08 GMT

Turkey Rules out Any Assistance From IMF

The prince said the figure he’s watching is the share of wages in the budget. He said it’s down from 50 per cent in 2015 to 42 per cent today, and “in 2020, I believe it will be below 40 per cent.” (Shutterstock)
October 9th, 2018 - 05:02 GMT

Rising Unemployment and Decreasing Foreign Investment Are Not Deterring Bin Salman

The challenges that Turkey faces will require a comprehensive policy package comprising monetary, fiscal, quasi-fiscal, and financial sector policies. (Shutterstock)
October 9th, 2018 - 04:55 GMT

IMF Urges Turkey to Take Drastic Measures to Fix Economy

The announcement was made during a press conference at the Grand Hyatt Hotel in Dubai.
October 9th, 2018 - 04:52 GMT

DEWA Confirms Its Readiness for Hosting Wetex 2018 From 23 to 25 October

The Opec Fund for International Development (OFID) is financing energy projects worth $1.6 billion in Arab countries. (Shutterstock)
October 8th, 2018 - 07:05 GMT

OFID to Pump $1.6 Billion Into Energy Investments in Arab Region

Under the theme of “Gaza Deserves to Live,” the drive is aimed at pushing forward the development and reconstruction of Gaza. (Shutterstock)
October 8th, 2018 - 06:34 GMT

Qatar Rushes to Gaza's Aid With Multi-Million Infrastructure Projects

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