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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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In 2016, Oman raised the tax on tobacco by 100%, along with other GCC states. (Shutterstock)
February 12th, 2018 - 10:28 GMT

Oman to Double Tax on Tobacco, for Health Reasons

The majority of UAE residents (62 percent) expect the introduction of VAT to be a challenge for the country, according to a survey by YouGov. (Shutterstock)
February 12th, 2018 - 10:22 GMT

UAE Residents Expect a Cost-of-Living Pay Raise in 2018: Survey

12 years ago, Hezbollah and Israel were left gutted by a summer war that was costly for both sides. Another crisis could be looming. (Mahmoud Zayyat/ AFP)
February 11th, 2018 - 08:00 GMT

5 Reasons Why Israel Is Ready for War With Hezbollah (Oil Is One of Them)

Calling Bitcoin the 'biggest bubble in human history', economist Nouriel Roubini predicts that the virtual currency will crash to zero value. (Shutterstock)
February 11th, 2018 - 05:00 GMT

Will Bitcoin Crash to Zero? Yes, Says Dr. Doom

The lifting of U.S. sanctions, hailed by many, has simply proved to be the starting point for utter disaster in the Sudanese economy. (AFP)
February 11th, 2018 - 04:00 GMT

Opinion: Sudan’s Economy on Verge of Collapse as US Lifts Sanctions

In a poll, Gulf News asked 2,548 people if they would be able to produce Dh1,000 ($272) right away for an emergency. The results are shocking. (Pixabay)
February 11th, 2018 - 01:13 GMT

Half of UAE Residents Don’t Have Dh1,000 of Savings: Survey

In April last year, Dubai’s ruler Sheikh Mohammed bin Rashid Al-Maktoum decreed that disabled people would be known as ‘people of determination’. (Credit: Antonie Robertson)
February 11th, 2018 - 12:26 GMT

Dubai Gives ‘People of Determination’ Special Business Privileges

A specially designed slogan entitled ‘Year of Zayed’ will be integrated into the e-mail signature of employees and all documents issued by DED-Ajman.
February 11th, 2018 - 11:27 GMT

Department of Economic Development-Ajman Celebrates ‘Year of Zayed’

Franco Fenoglio, Head of Human Spaceflight & Transportation Unit at Thales Alenia Space During World Government Summit.
February 11th, 2018 - 07:16 GMT

UAE World Government Summit Explores Space Settlement and Challenges of Sending Man to Mars

Tunisia, Sri Lanka and Trinidad and Tobago are now on the EU's money laundering blacklist. (Shutterstock)
February 8th, 2018 - 11:07 GMT

Tunisia Fires Central Bank Governor for 'Turning Blind Eye to Money Laundering'

The FTA launched a comprehensive awareness campaign titled “Filing Returns in 4 Steps”, covering social, digital and other media channels.
February 8th, 2018 - 07:05 GMT

UAE Federal Tax Authority Outlines Simple 4-Step Procedure for Submitting Tax Returns Online

Several years ago, 'middle class' as a political and social concept was not in circulation in Jordan. Things are different now. (AFP/ File)
February 7th, 2018 - 06:00 GMT

Opinion: Taxes in Jordan, a 'Middle Class' Business

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