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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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Illegal expat workers in the United Arab Emirates (UAE) can now leave the country without paying any fines as part of an amnesty campaign. (AFP)
July 26th, 2018 - 10:04 GMT

UAE Grants Amnesty to Illegal Expat Workers

The country’s budget deficit had fallen below 10 per cent for the first time since 2011. (Shutterstock)
July 26th, 2018 - 09:39 GMT

Egypt's GDP Reaches Its Highest in 10 Years

Qatar has signed more 50 bilateral agreements for safeguarding Qatari investments in other countries around the world. (Shutterstock)
July 26th, 2018 - 08:34 GMT

Qatar Signs Over 50 Deals for Investments' Protection Abroad

The funding is the first action adopted following the agreement by EU member states to finance an additional €3 billion ($3.5 billion) for the Facility for Refugees in Turkey. (Shutterstock)
July 26th, 2018 - 08:00 GMT

EU Supports Syrian Refugees Education in Turkey With $468 Million

Since 2004, the EU has financed the construction of 10 solid-waste treatment facilities in Lebanon. (Shutterstock)
July 25th, 2018 - 09:45 GMT

EU, UN Face Backlash for Proposed Solutions on Waste Management in Lebanon

A number of 13 new technologies have been produced in pharmaceutical field in less than a year. (shutterstock)
July 25th, 2018 - 09:31 GMT

Iran Introduces 13 New Technologies in Pharmaceutical Industry

Cairo attracted foreign investments worth $13.7 billion. (Shutterstock)
July 25th, 2018 - 09:22 GMT

Egypt Leads in Attracting Foreign Investments Across Africa

The investments are distributed in 42 countries, with the UAE hosting the largest share. (Shutterstock)
July 25th, 2018 - 08:26 GMT

Jordanian Expats' Investments Worth $7.2 Billion

The new rule leaves expat families facing a difficult choice. (GDN)
July 25th, 2018 - 08:07 GMT

Expats Urge Bahrain to Reconsider Minimum Wage Rule for Dependent Visas

In the Middle East, personal wealth rose by 11 per cent to Dh13.96 trillion ($3.8 trillion) in 2017. (Shutterstock)
July 25th, 2018 - 06:53 GMT

Report: Private Wealth in UAE to Reach Dh2.16 Trillion by 2022

As of April, more than 800,000 had left the country since late 2016. (AFP)
July 24th, 2018 - 10:50 GMT

Saudi Economy Suffers from Foreign Workers Exodus

The total number of foreigners in the Saudi labor market declined by around 796,000 since the start of 2017.  (AFP/Karim Jaafar)
July 24th, 2018 - 10:36 GMT

Expats Exodus Shakes the Saudi Construction Sector

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