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Economy and Policy

Economy and Policy latest

US Aircraft Carrier in the Arabian Sea
July 16th, 2026 - 06:46 GMT
P. Choiaqo

P. Choiaqo

Saudi Arabia to buy $2 billion worth of weapons from the US

ALBAWABA - The sale of an estimated $1.96 billion worth of weapons focused on air defenses to Saudi Arabia has been approved, according to the U.S. State Department. The weapons sought by the Kingdom of Saudi Arabia are around 20,000 Advanced Precision Kill Weapon Systems and its warheads which are described as "an inexpensive way to destroy targets while limiting collateral damage in close combat.” According to the U.S. Navy ...
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"Strengthening Canada's economic relationship with countries in Asia-Pacific region, to support prosperity and create jobs for our middle class, is a priority for Canada." - Prime Minister Justin Trudeau (AFP/ File)
January 24th, 2018 - 04:00 GMT

Canada First: Justin Trudeau Strikes Asia-Pacific Trade Agreement, Without US

President Donald Trump’s speech to the World Economic Forum is scheduled for Friday. In the meantime, his delegation made its debut in Davos on Wednesday morning, answering questions on everything from U.S. stock markets to trade with Asia. (AFP)
January 24th, 2018 - 02:54 GMT

Dollar Falls on Trade Worries, Trump Speech at Davos

H.E. Dr. Amin Hussein Al Amiri, Assistant Undersecretary for Public Health Policy and Licensing of the Ministry of Health and Prevention (MOHAP)
January 24th, 2018 - 02:17 GMT

UAE Minister of Health Issues Ministerial Decree for the Registration of Innovative Medicines

The Federal Tax Authority (FTA) reported a high level of responsiveness and cooperation from the shipping, customs clearance, logistics sectors with regulations surrounding the implementation of VAT.
January 24th, 2018 - 01:06 GMT

Business Sector Highly Cooperative on VAT Regulations: UAE's Federal Tax Authority

The visits are part of the department’s move to check on how their branches are faring and to provide solutions that can help address the needs of their customers and employees.
January 24th, 2018 - 12:49 GMT

Director General Al Nuaimi Inspects DED - Ajman Branches in Al Manama and Masfout

The decision came after the UAE confirmed it would tackle tax avoidance strategies with tougher reforms. (Shutterstock)
January 24th, 2018 - 12:23 GMT

EU Removes UAE From Tax Haven Blacklist, Keeps Bahrain

Renault Al Babtain will continue to participate in driving Kuwait’s community initiatives forward through its commitment to encourage a healthier and better lifestyle.
January 24th, 2018 - 11:35 GMT

NBK Walkathon Winners Begin New Journey With Renault Koleos and Renault Megane

Khalid Nasser Al Razooqi, Dubai Police
January 24th, 2018 - 10:36 GMT

Dubai Police Shares Its Vision for Law Enforcement Using AI at Intersec 2018

Total household assets in the UAE jumped by 10 percent last year and by over 60 percent over the past decade, according to a new report. (Shutterstock)
January 24th, 2018 - 08:37 GMT

Private Wealth Jumps 60 Percent in 10 Years, to $925 Billion: UAE

Consumers in the UAE can now check the authenticity of their tax invoices and ensure that merchants are registered with the tax authority. (File photo)
January 24th, 2018 - 06:15 GMT

UAE Federal Tax Authority Launches VAT Calculator and Tax Verification System on Website

Following in the footsteps of South Korea and China, the European Union (EU) is considering stricter rules on virtual currency platforms. (Shutterstock)
January 23rd, 2018 - 01:00 GMT

After South Korea and China: EU Tightening Grip on Bitcoin, Cryptocurrency Platforms

Ivanka Trump is reportedly looking for a new White House Chief of Staff after some reports emerged that Donald Trump was unhappy with current chief John Kelly. (AFP/ File)
January 23rd, 2018 - 12:05 GMT

White House Jobs: Ivanka Trump Reportedly Looking for New Chief of Staff

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