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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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The Forum was aimed to strengthen the partnership between Dubai Economy and the business community in Dubai.
December 19th, 2017 - 10:29 GMT

Dubai Economy Discuss Future-Readiness at 2nd Business Community Engagement Forum

The Municipality has recently accomplished a project for improving the landscaping of roads in the surrounds of the Sheikh Zayed Grand Mosque, Wahat Al Kararma in Abu Dhabi.
December 19th, 2017 - 05:42 GMT

Abu Dhabi Municipality Completes Landscaping Project Near Sheikh Zayed Mosque

Senior bankers in Saudi Arabia have clarified that money sent home by expat workers will not be taxed under the new VAT. (Shutterstock)
December 18th, 2017 - 12:33 GMT

No VAT on Expat Remittances in 2018: Saudi Arabia

The campaign has witnessed a remarkable improvement in the size and diversity of events, and participation of the community, entities and educational institutions.
December 18th, 2017 - 08:44 GMT

Abu Dhabi Municipality Concludes 'Our Parks' Campaign 2017

Sultan Ahmed bin Sulayem, DP World Group Chairman, during the inauguration
December 17th, 2017 - 11:47 GMT

TEKNO 2017 Opens Today in Dubai

ADFD has allocated AED10.5 billion towards financing 26 development projects in Bahrain spanning the housing, energy, transportation and healthcare sectors.
December 17th, 2017 - 09:24 GMT

Abu Dhabi Fund for Development Allocates Dh10.5 Billion to Finance 26 Strategic Projects in Bahrain

Engineer Saed Al Awadi, CEO of Dubai Exports
December 17th, 2017 - 08:23 GMT

Dubai Exports Brings Businesses in UAE and Vietnam Closer to Explore Trade Links

Lebanon's real GDP growth is expected to pick up in 2018 supported by the reopening of trade routes with Syria and Iraq by mid-2018. (File photo)
December 14th, 2017 - 02:07 GMT

Reopening Syria, Iraq Trade Routes Will Add to Lebanon's 2018 GDP Growth

Saudi Arabia has announced that electronic purchases are subject to the value added tax (VAT), effective January 1. (File photo)
December 14th, 2017 - 01:48 GMT

E-Commerce Transactions Subject to VAT: Saudi Arabia

The UAE, Saudi Arabia and Bahrain have raised their interest rates today. Kuwait's interest rate remains unchanged. (File photo)
December 14th, 2017 - 01:03 GMT

UAE, Saudi Arabia, Bahrain Follow US With Interest Rate Hike

King Salman on Thursday issued a decree allocating SR72 billion ($19.2 billion) of stimulus funds to support the private sector in 2018. (AFP/ File)
December 14th, 2017 - 11:12 GMT

Saudi Arabia Unveils $19 Billion 'Stimulus' for Private Sector

Sami Al Qamzi, Director General of Dubai Economy
December 14th, 2017 - 07:39 GMT

Economic Outlook in Dubai Retains Its Focus on Diversification and Sustainable Growth: Al Qamzi

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