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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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The total EU aid commitments to Egypt amount to over €1. 3bn in grants. (Shutterstock)
September 5th, 2018 - 11:04 GMT

EU Commits Over €113 Million to Egypt in 2018

The high ranking reflects a string of visa facilitation measures introduced by Qatar. (Shutterstock)
September 5th, 2018 - 10:24 GMT

Qatar 'Most Open Country' for Visas in the Region

The agreement aims to enhance economic relations and reduce costs, especially of petroleum products and natural gas. (Shutterstock)
September 5th, 2018 - 08:53 GMT

Qatar, Turkey Sign Economic Partnership Agreement

Egyptian economy is safe from any economic fluctuations at the international level. (Shutterstock)
September 5th, 2018 - 08:35 GMT

Egypt Economic Reforms Spare it from Emerging Markets' Crises

The FTA had earlier announced that the VAT refund scheme will be implemented from the fourth quarter of 2018. (Shutterstock)
September 5th, 2018 - 06:17 GMT

VAT Refund for UAE Tourists to Roll out in November

The rial has lost around 15 percent of its value on the open market in the past three days, bottoming at 128,500 to the dollar by Monday evening. (Shutterstock)
September 4th, 2018 - 08:43 GMT

Iranian Rial Deteriorates Against Dollar

Oil Prices to Remain Between $70 - $80 per Barrel. (Shutterstock)
September 4th, 2018 - 08:36 GMT

Oman: Oil Prices to Remain Between $70 - $80 per Barrel

Turkish President Recep Tayyip Erdogan. (AFP)
September 4th, 2018 - 08:10 GMT

Turkey to Ditch the Dollar in Trade With Iran, China

The rate of renewing contracts increased by 21 per cent in 2017 compared with 2016. (Shutterstock)
September 4th, 2018 - 08:02 GMT

Oman Rents Drop Due to Cancelation of Rental Contracts

Officials have warned that anyone who will be caught staying in the country after the expiration of their visa will face legal action including jail sentence, hefty fines and deportation. (Shutterstock)
September 4th, 2018 - 07:48 GMT

Jobseeker Visa Violators to Face Prosecution in UAE

The ministry clarified that the statement was issued in response to "baseless and unfounded" media reports. (Shutterstock)
September 4th, 2018 - 07:36 GMT

Saudi Arabia Will Not Impose Fees on Expat Remittance

Egypt’s stock market index gained 4.82 percent this week. (AFP)
September 3rd, 2018 - 09:49 GMT

Egypt's Stock Market Is the Best-Performer in the Region This Week

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