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Economy and Policy

Economy and Policy latest

Gulf oil exports surge as Saudi Arabia restarts key terminal after four-month halt
June 26th, 2026 - 04:15 GMT
Dr. Mansour Al-Maswari

Mansour Al-Maswari

Gulf oil exports surge as Saudi Arabia restarts key terminal after four-month halt

ALBAWABA- Major Gulf oil producers are rapidly ramping up crude exports as regional shipping routes recover, with Saudi Arabia restarting loadings at its critical Ras Tanura terminal after a nearly four-month suspension, while Kuwait and Qatar also boost output amid improving security conditions in the Strait of Hormuz. Saudi Aramco resumed crude shipments on Friday at Ras Tanura, one of the world’s largest oil export hubs on the Gulf coast ...
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Meeting with the Latvian President H.E Raimonds Vejonis.
May 15th, 2018 - 05:40 GMT

Latvian President Affirms Commitment to Boost UAE Ties

The event comes as part of DMCC’s ongoing programme to raise awareness of sustainability, and encourage its member companies to join the global cause.
May 14th, 2018 - 02:01 GMT

'Strive for Gender Equality' – the Message From DMCC During Its Latest Knowledge Series Event for Member Companies

Dr. Leila Hoteit, Partner and Managing Director at The Boston Consulting Group.
May 14th, 2018 - 11:40 GMT

The UAE’s Private K-12 Education Market Will Grow by Approximately 40 Percent in the Next 5 Years: BCG

During the meeting, both parties discussed opportunities and ideas on how to further cooperation and collaboration across joint innovative and creative projects.
May 14th, 2018 - 10:21 GMT

Department of Economic Development-Ajman Welcomes Visit of Delegation From Ministry of Economy

During the meeting, DIEDC’s Board of Directors also reviewed a study of the Islamic economy’s contribution to Dubai’s GDP, prepared by Dubai Statistics Centre.
May 14th, 2018 - 09:27 GMT

Dubai Islamic Economy Development Centre: Islamic Economy Contributes 8 Percent of Dubai’s GDP

Violations ranged from issuing VAT invoices without all the required information to collecting taxes that exceed 5 percent, not including a tax number on the invoices and eligible businesses not registering for VAT. (Shutterstock)
May 14th, 2018 - 09:02 GMT

More Than 5,000 VAT Violations Issued in Saudi This Year

According to the campaign, a total of 778,748 expatriates have violated the system of residency, 193,621 the work laws and 87,519 the system of border security.
May 13th, 2018 - 02:00 GMT

More Than a Quarter of a Million Expats Deported

During its visit to DED-Ajman’s headquarters in the Corniche Building, the business groups awarded a trophy to the Department.
May 13th, 2018 - 10:45 GMT

Leading Global Brands & Law Firms Recognize DED-Ajman’s Remarkable Deeds

Oman’s rapidly expanding retail sector could generate up to 54,000 jobs. (Shutterstock)
May 13th, 2018 - 10:00 GMT

Oman's Retail Sector Could Generate 50,000 Jobs

Dubai is also ranked second in the 'low unemployment' rate globally, especially among the youth. (Shutterstock)
May 13th, 2018 - 08:00 GMT

Dubai Ranks First in the Arab World and Fourth Worldwide in 'Economic Performance'

MPs have voted against a proposal to tax expat remittances. (Shutterstock)
May 10th, 2018 - 02:08 GMT

Proposal to Tax Expat Remittances Is Rejected

The dollar was selling for 65,000 rials, according to foreign exchange website Bonbast.com, which tracks the free market. (Shutterstock)
May 10th, 2018 - 08:00 GMT

Iran’s Rial Near Record Lows Against the Dollar as Trump Decision on Nuclear Deal Looms

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