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Economy and Policy

Economy and Policy latest

DMCC Announces Record USD 41.7 billion in Diamond Trade Through Dubai in 2025
July 14th, 2026 - 03:44 GMT

DMCC Announces Record USD 41.7 billion in Diamond Trade Through Dubai in 2025

DMCC, the leading international business district that drives the flow of global trade through Dubai, today announced that Dubai's total diamond trade reached an all-time high of USD 41.7 billion in 2025, according to data from Dubai Customs. The figure surpasses the previous record of USD 40.9 billion, set in 2011, and was accompanied by a record 359.5 million carats traded, up 42.5% year-on-year – marking the first time Dubai has posted a record in both diamond trade value and physical volume in the same year. Total diamond trade value ...
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3 Reasons the Dollar Matters to the Middle East
July 28th, 2022 - 10:21 GMT

3 Reasons the Dollar Matters to the Middle East

Al Bawaba
July 27th, 2022 - 09:07 GMT

UAE’s financial wealth to grow by 6.7% annually, reaching USD 1 trillion by 2026 

8 Ways Wildfires Are Harming the Global Economy
July 27th, 2022 - 06:05 GMT

8 Ways Wildfires Are Harming the Global Economy

UAE Raises Pensions of Nationals Working in Abu Dhabi's Public Schools to 80%
July 26th, 2022 - 11:47 GMT

UAE Raises Pensions of Nationals Working in Abu Dhabi's Public Schools to 80%

Global GDP Growth Projected to Slow in 2022, 2023: S&P
July 26th, 2022 - 10:44 GMT

Global GDP Growth Projected to Slow in 2022, 2023: S&P

Pakistan: Rupee Plummets to Record Low Against Dollar
July 26th, 2022 - 10:14 GMT

Pakistan: Rupee Plummets to Record Low Against Dollar

OPEC Fund Provides $30 Million Loan Under Food Security Action Plan in Paraguay
July 24th, 2022 - 11:30 GMT

OPEC Fund Provides $30 Million Loan Under Food Security Action Plan in Paraguay

Ukraine to Resume Grain Exports, Safety Remains A Concern: S&P
July 24th, 2022 - 09:15 GMT

Ukraine to Resume Grain Exports, Safety Remains A Concern: S&P

Taliban to Import 350,000 Tonnes Oil from Iran
July 24th, 2022 - 08:34 GMT

Taliban to Import 350,000 Tonnes Oil from Iran

Natural Disasters Cost the Chinese Economy $1.18 Billion
July 21st, 2022 - 08:48 GMT

Natural Disasters Cost the Chinese Economy $1.18 Billion

UAE-France: New Business Council To Develop 5 Sectors
July 19th, 2022 - 06:37 GMT

UAE-France: New Business Council To Develop 5 Sectors

How Is India Supporting the Economy of Sri Lanka?
July 19th, 2022 - 06:25 GMT

How Is India Supporting the Economy of Sri Lanka?

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