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Economy and Policy

Economy and Policy latest

cryptocurrency
March 17th, 2026 - 10:38 GMT
Al Bawaba Staff

Al Bawaba Staff

Cryptocurrency in the Arab World: Strategy, Power, and the Post-Oil Economy

Dr. Gil Feiler Over the past few years, the cryptocurrency sector in the Arab world has evolved from a marginal financial curiosity into a strategic component of economic policy. What began as speculative retail trading has gradually transformed into a state-supported technological and financial ecosystem. Today, several Arab governments—particularly in the Gulf—view blockchain and digital assets not merely as financial innovations but as strategic tools that can strengthen their global ...
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Turkey is keen on buying natural gas from Iran with “reasonable price” in contrast to the price it pays for the gas imported from Russia and Azerbaijan. (Shutterstock)
September 17th, 2018 - 07:51 GMT

Turkey to Keep Iran Gas Exports Flowing Despite US Sanctions

The All Shares Index, after a firm start, fell 4.68 points to 5,134.88 points. (Shutterstock)
September 17th, 2018 - 07:41 GMT

Kuwait Stocks Sag, Amidst Unstable Market

In the report issued by the United Nations Development Program (UNDP), Oman has progressed four places, to be ranked 48th worldwide from its last year’s position of 52.
September 17th, 2018 - 06:18 GMT

Human Development Index 2018 Ranks Oman 5th in Arab World

Traditional Islamic scholarship raised objections to the basic concept of the industry, arguing that it contained elements of risk, gambling and usury that made it incompatible with the teachings of the Qur’an.
September 17th, 2018 - 05:58 GMT

How Saudi Found "Forbidden" Love in the $10 Billion Risk Business

EU powers are in talks over launching a payments channel that would enable European companies to trade with Iran. (Shutterstock)
September 16th, 2018 - 08:09 GMT

EU to Launch Finance Tool to Dodge US Sanctions on Iran

In the past month, 1.8 billion euro has been paid for importing basic goods including oil, meat, rice, medical equipment. (Shutterstock)
September 16th, 2018 - 07:57 GMT

Importing Basic Goods Cost Iran €3.2 Billion

The private sector has urged the government to suspend or even cancel the lump sum tax because most businesses are not generating enough revenues to make ends meet. (Shutterstock)
September 16th, 2018 - 07:45 GMT

Lebanon Yields to Private Sector and Suspends Fixed Tax

As foreigners leave, services and real estate sectors slow. (AFP)
September 16th, 2018 - 07:39 GMT

Report: Kuwaitization Might Be Constraining the Economy

Qatar and Spain have agreed to establish an institutional framework for co-operation to achieve common objectives. (Shutterstock)
September 16th, 2018 - 07:28 GMT

Qatar, Spain to Increase Bilateral Investments

According to the International Monetary Fund, the rate of real (inflation-adjusted) world GDP growth averaged 3.7 percent in 2000-2010. (Shutterstock)
September 16th, 2018 - 06:50 GMT

Is the Global Economy Recovering Since 2008 Crisis?

The UAE passport has moved up the ranks again among the most powerful in the world. (Shutterstock)
September 16th, 2018 - 06:30 GMT

UAE Passport 9th Most Powerful in the World

The ministry is seeking to boost trade and investment cooperation with other African countries. (Shutterstock)
September 13th, 2018 - 10:26 GMT

African Export-Import Bank Allocates $2 Billion to Egypt's Financing Programs

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