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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 Turkish lira has lost nearly half of its value over the last 12 months. (Shutterstock)
August 27th, 2018 - 10:46 GMT

The Economical Ramifications of Erdogan's Dictatorship

The exchange will support the cryptocurrency trading pairs of Bitcoin and Ethereum Classic. (Shutterstock)
August 27th, 2018 - 10:40 GMT

World’s First Shariah-Compliant Crypto Exchange to Be Launched in UAE

The loan which was increased from an initial guide size of $6 billion to $8 billion, comes after the Kingdom postponed Aramco’s initial public offering. (Shutterstock)
August 27th, 2018 - 10:13 GMT

Saudi Arabia Public Investment Fund Raises $11 Billion Loan

Arif Naqvi, the founder of Abraaj Group. (AFP)
August 27th, 2018 - 09:58 GMT

Abraaj Group Founder to Face Court on August 28

A message from the Saudis: If we buy our arms from you, we also buy your silence. (AFP)
August 26th, 2018 - 10:41 GMT

Opinion: The Repercussions of the Saudi-Canada Row on Mohamed Bin Salman

Musk met with the electric car and solar panel company's board on Thursday to tell them he thought the company should stay public and the board agreed, according to the statement. (Shutterstock)
August 26th, 2018 - 10:22 GMT

Musk Calls Off Private Deal, Tesla Remains on Public Stock Exchanges

5% VAT is expected to produce revenues of over $25 billion per annum for the six GCC countries. (Shutterstock)
August 26th, 2018 - 10:15 GMT

Bahrain to Implement VAT in 2019

A customs report said in June that Iran had exported 216.585 tons of goods worth $47.666 million to Qatar during the first two months of the current Iranian year (March 21, 2018-May 21, 2018), showing a considerable growth in terms of value. (Shutterstock)
August 26th, 2018 - 09:48 GMT

Qatar to Increase Maritime Shipping, Trade With Iran

Turkey's Industry and Technology Minister Mustafa Varank (2nd R) attends G20 Digital Economy Ministerial Meeting in Salta, Argentina on August 24, 2018. (AA)
August 26th, 2018 - 09:22 GMT

Turkey Mulls Digital Economy to Avoid Political Interventions

There are 11,851 Kuwaiti citizens registered under CSC in the waiting list for employment. (Shutterstock)
August 23rd, 2018 - 06:00 GMT

Almost 12,000 Kuwaiti Citizens on Waiting List for Employment

The company will offer crypto custodial services and an exchange platform accessing large-scale global liquidity. (Shutterstock)
August 23rd, 2018 - 05:00 GMT

Crypto-Asset Business Firm to Open in UAE

The pricing of ancillary services such as brokerage, maintenance, car parking, facility management and property management may increase as such services will be subject to VAT. (Shutterstock)
August 22nd, 2018 - 06:00 GMT

VAT to Attract More Global Investors in UAE

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