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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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The reform group also vowed to improve basic freedoms and the judiciary as it convened for the first time since Turkey switched to an executive presidential system after June 24 elections. (Shutterstock)
August 30th, 2018 - 09:16 GMT

Turkey Pledges to Speed up EU Reforms

Consumer prices rose by 2.2 percent year-on-year in July compared to 2.1 percent in June, an increase driven by increasing food prices, particularly vegetables. (Shutterstock)
August 29th, 2018 - 11:36 GMT

Rising Food Costs Push up Inflation Rate in Saudi Arabia

Speaking to German business representatives and ambassadors at the Foreign Ministry, Heiko Maas criticized U.S. President Donald Trump’s sanctions and his economic pressure policy towards Turkey. (Shutterstock)
August 29th, 2018 - 09:53 GMT

Unlike US, EU Wants a Stable Economic Development in Turkey

According to an economic expert, the inclination to suspend the issuance and renewal of work permits for expatriates above the age of 60 who work in the private sector is not suitable. (Shutterstock)
August 29th, 2018 - 09:37 GMT

Experts Raise Concerns Over New Visa Rules in Kuwait

Abraaj chief had issued the cheque to Jafar which was bounced due to lack of funds in the account. (AFP)
August 28th, 2018 - 12:34 GMT

Abraaj Group Founder Reaches Settlement, Criminal Case Withdrawn

Foreign Affairs Minister Chrystia Freeland, speaking in Berlin to the annual meeting of German ambassadors, set off a firestorm when she tweeted earlier this month for Saudi Arabia to “immediately release” jailed human rights activists. (Shutterstock)
August 28th, 2018 - 10:15 GMT

Canada Seeks Germany's Support to Resolve Saudi Dispute

Lebanon’s GDP growth to slow to 1.7 percent in 2018 due to political instability. (Shutterstock)
August 28th, 2018 - 10:14 GMT

GDP Growth to Drop in 2018 Due to Political Instability in Lebanon


The seven sovereigns rated by S&P Global Ratings have liquid government assets totaling more than 100% of GDP; notably, three are members of the Gulf Cooperation Council. (SG)
August 28th, 2018 - 09:56 GMT

3 GCC Countries With Liquid Assets Over 100% of GDP

Tesla’s shares, already down nearly 10 percent from their level on 7th August, just before Musk tweeted that he had “funding secured” for a buyout at $420 a share, fell 5 percent in trading in Germany to $263.50. (Shutterstock)
August 28th, 2018 - 09:40 GMT

Tesla Shares Plunge After Musk Calls off Private Deal

Mutee’s reported escape triggered public outrage over the summer, amid assertions by the government to bring to justice all involved in the headline-grabbing case. (Shutterstock)
August 28th, 2018 - 08:48 GMT

Interpol Issues Notice Against Jordan's 'Tobacco Man'

Service providers like Careem or Uber have witnessed a rising success in Jordan. (Shutterstock)
August 28th, 2018 - 08:44 GMT

Entrepreneurs' Stand on 'Sharing Economy' in Jordan

The top Iranian diplomat said Tehran would cooperate with Ankara to put off wildfire in the Iraqi part of Hour al-Azim wetland. (Shutterstock)
August 27th, 2018 - 10:55 GMT

Iran Honours Relations With Turkey

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