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Economy and Policy

Economy and Policy latest

cryptocurrency
March 17th, 2026 - 10:38 GMT
Al Bawaba Staff

Al Bawaba Staff

Cryptocurrency in the Arab World: Strategy, Power, and the Post-Oil Economy

Dr. Gil Feiler Over the past few years, the cryptocurrency sector in the Arab world has evolved from a marginal financial curiosity into a strategic component of economic policy. What began as speculative retail trading has gradually transformed into a state-supported technological and financial ecosystem. Today, several Arab governments—particularly in the Gulf—view blockchain and digital assets not merely as financial innovations but as strategic tools that can strengthen their global ...
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Saudi Arabia has sought to boost oil sales to China after losing market share to Russia last year. (File photo)
March 19th, 2017 - 12:33 GMT

Saudi Arabia to boost oil exports to China

Traders across Lebanon increased their prices although the debate over the new taxes has not been concluded yet. (File photo)
March 19th, 2017 - 09:00 GMT

Lebanon: Merchants hike prices ahead of new taxes

Sources say it would take at least three years for enough private hospitals to open in the country for expats to be barred for public facilities. (Shutterstock)
March 19th, 2017 - 08:00 GMT

Kuwait's lawmakers put the squeeze on expat healthcare

The Department of Economic Development
March 19th, 2017 - 06:20 GMT

DED marks 25 years of promoting diversification and supporting sustainable growth

Government employees and public and private school teachers have routinely protested for increased benefits and full employment. (File photo)
March 16th, 2017 - 03:00 GMT

Lebanon considers salary hikes for teachers, government employees

Low prices of soft drinks and junk food have been blamed for rising rates of diabetes and obesity across the Gulf region.  (Shutterstock/Dmitrydesign)
March 16th, 2017 - 02:00 GMT

Will the UAE's sweet drinks and tobacco tax curb consumption?

The agreements between Saudi Arabia and China will cover a variety of issues, ranging from energy to space technology. (AFP/Lintao Zhang)
March 16th, 2017 - 12:53 GMT

King Salman visits China, signs deals worth $65B

US and Saudi officials intend to consult on additional steps to deepen commercial ties and promote investment, and to expand cooperation in the energy sector. (AFP/Nicholas Kamm)
March 16th, 2017 - 07:00 GMT

Saudi Deputy Crown Prince, Trump discuss $200B joint investment program

The UAE will join the club of nearly 150 nations by implementing a 5 percent VAT in the country from January 1, 2018. (File photo)
March 16th, 2017 - 05:00 GMT

Will electricity, phone bills in UAE also be taxed under VAT?

Lebanon has over 60 small, medium and large insurance companies and some experts believe that this number of firms is too big for a small country. (Shutterstock)
March 15th, 2017 - 01:00 GMT

Lebanon finalizes plan to encourage insurance company mergers

Global experience has shown that VAT training and education is fundamental to ensuring successful VAT implementation. (Shutterstock)
March 15th, 2017 - 12:00 GMT

GCC firms underprepared for VAT introduction: EY

Research indicates that the easiest way to increase the economic complexity of the country’s export basket would be through giving foreign companies with new expertise a chance to produce new goods in the country. (Shutterstock)
March 15th, 2017 - 10:00 GMT

Diversification of Jordan's industrial exports key to competitiveness: Report

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