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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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Abdullah Naser Al Nuaimi, Ajman’s DED Assistant Director General for Economic Registration and Control
January 7th, 2018 - 07:37 GMT

Ajman’s DED Appoints Abdullah Al Nuaimi as Assistant Director General for Economic Registration and Control

Having a digital strategy is essential for ‘future proofing’ a company that wants to retain market share and stay ahead of the competition. Those who are nimble will reap the benefits of the value to be created through digitisation.
January 7th, 2018 - 07:29 GMT

PwC: Private Equity Firms Need to Keep up With the Digital Revolution in the Middle East

2017 marked the worst year for the U.S. dollar in more than a decade with the Dollar Index falling over 9%. Will the dollar recover in 2018? (Shutterstock)
January 4th, 2018 - 07:00 GMT

Will the US Dollar Recover in 2018?

The Qatari economy has proved resilient, and local sectors will benefit from the increased self-reliance. (AFP)
January 4th, 2018 - 06:00 GMT

Qatar Economy 2017: Resilience and Growth Despite Blockade

Despite the weakened buying support from foreign institutions and individual investors in the 0.14% dip in the 20-stock Qatar Index to 8,608.31 points, small- and large-cap equities, witnessed strong buying interests in the bourse.
January 4th, 2018 - 01:07 GMT

QSE Stays Above 8,600 Level Despite Minor Correction

Yousuf Mohamed Al Jaida, Chief Executive Officer, Qatar Financial Centre (QFC) Authority
January 4th, 2018 - 12:00 GMT

QFC Targets 50 Islamic Financial Companies

The UAE tax authority wants the following elements to be mentioned on any VAT bill. (Shutterstock)
January 4th, 2018 - 10:58 GMT

What Should a VAT Tax Invoice Include in UAE?

Mohammed Fathy, General Manager of Jones & Clark consultancy
January 4th, 2018 - 10:09 GMT

Myths and Misconceptions Surrounding VAT: Jones & Clark

Saudi Arabia said the revenue from VAT would go towards infrastructure and developmental works. (AFP)
January 4th, 2018 - 09:59 GMT

Over $9 Billion From VAT in 2018: Saudi Arabia

Can salary increases in the UAE this year cushion the impact of VAT on residents’ wallets? (Shutterstock)
January 4th, 2018 - 08:58 GMT

Will Salary Hikes in UAE Make VAT More Bearable in 2018?

The General Authority for Zakat in Saudi Arabia has announced that all lease contracts concluded before January 1 are exempt from VAT. (Shutterstock)
January 4th, 2018 - 08:01 GMT

Pre-2018 Leases, Mortgages Exempt From VAT: Saudi Arabia

Oman has dedicated the largest share of its 2018 budget of about $32.5 billion to the education, health and social welfare sectors with $10 billion. (AFP)
January 4th, 2018 - 07:02 GMT

Oman Dedicates $10 Billion for Education, Health in 2018 Budget

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