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Economy and Policy

Economy and Policy latest

Dubai Customs economic packages provide more than AED 79 million in liquidity for the private sector and help maintain trade flows worth AED 33.9 billion
July 20th, 2026 - 03:45 GMT

Dubai Customs economic packages provide more than AED 79 million in liquidity for the private sector and help maintain trade flows worth AED 33.9 billion

The customs facilitation measures and economic solutions introduced by Dubai Customs under the economic support packages approved by His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defence and Chairman of The Executive Council of Dubai, have provided more than AED 79 million in liquidity to the private sector, helped maintain trade flows worth AED 33.9 billion between 1 March and 30 June 2026, supported business continuity for thousands of companies and strengthened supply chain resilience. Introduced to strengthen economic ...
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Standard Chartered said in its report on Lebanon that it expects GDP growth to pick up marginally to 1.5 percent in 2017, from an estimated 1 percent in 2016. (AFP/File)
April 16th, 2017 - 01:32 GMT

Lebanon's political scene is changing, so is its economy

Turkey's Prime Minister Binali Yildirim. (AFP/Adem Altan)
April 16th, 2017 - 12:47 GMT

Turkey's economy grew twice as much as Europe, despite unrest: PM

Sheikh Hamdan bin Mohammed bin Rashid al Maktoum together with his father Sheikh Mohammed bin Rashid al Maktoum (left) visiting the "Virtual Future" exhibition in Dubai on 9 February 2014. (AFP/File)
April 16th, 2017 - 10:43 GMT

Dubai will celebrate its last paper transaction in 2021: Sheikh Hamdan

Canada received more than 11,600 Saudi students in 2015, placing Saudi Arabia in the 6th rank among countries sending their students to Canada. (YouTube)
April 16th, 2017 - 09:56 GMT

Saudi Arabia strengthens education, healthcare ties with Canada

Qatar's labor rights record was questioned by many after it won the bid to host the 2022 World Cup. (AFP/ File)
April 16th, 2017 - 09:06 GMT

2022 World Cup will improve living, job conditions of Qatar's expat workers: Survey

The clock is ticking but 69 percent of GCC businesses may still not be prepared for VAT introduction in January 2018. (Pixabay)
April 16th, 2017 - 08:07 GMT

69 percent of GCC businesses still not prepared for VAT: Report

Lebanese protesters hold a Lebanese national flag on which is written in Arabic, "We are all refugees" on July 18, 2016 in the capital Beirut. (AFP/Joseph Eid)
April 14th, 2017 - 05:00 GMT

Lebanon needs $10B in infrastructure aid to cope with Syrian refugees: PM

Tunisia's Prime Minister Youssef Chahed. (AFP/File)
April 13th, 2017 - 07:00 GMT

Tunisia announces new investment law aimed at boosting economy, fighting unemployment

Saudi Arabia is tapping international and domestic markets to help finance a budget deficit that may reach $53 billion this year. (Shutterstock)
April 13th, 2017 - 05:00 GMT

Saudi Arabia to raise over $8B in first Islamic bond sale

Prince Alwaleed Bin Talal once again topped the list with an estimated net worth of $18.7 billion, up by $1.4 billion from last year. (AFP/Christophe Ena)
April 13th, 2017 - 02:03 GMT

The world's richest Arabs according to Forbes: 2017 list

Regional economies, including Saudi Arabia, have been hit hard by the drop in oil prices, boosting the need for reforms such as subsidy cuts and the introduction of a value-added tax (VAT). (File photo)
April 13th, 2017 - 01:03 GMT

A tax on the rich will eliminate the need for VAT in GCC: Expert

After registering a healthy surplus for 16 consecutive years, Kuwait posted its first budget shortfall of $15 billion in the 2015-2016 fiscal year, following a slump in oil prices. (AFP/File)
April 13th, 2017 - 12:04 GMT

Kuwait turns to reserves, international borrowing to reduce budget deficit

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