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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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Stocks worldwide up as gold prices fluctuate
November 20th, 2023 - 10:27 GMT

Stocks worldwide up as gold prices fluctuate

Oil prices rise on OPEC+ mulling new cuts, US dollar drops
November 20th, 2023 - 09:26 GMT

Oil prices rise on OPEC+ mulling new cuts, US dollar drops

OPEC+ is considering more oil to boost oil prices
November 19th, 2023 - 12:48 GMT

OPEC+ is considering more oil cuts to boost oil prices

Gov’t to invest $5.6 billion in UK manufacturing
November 19th, 2023 - 11:17 GMT

Gov’t to invest $5.6 billion in UK manufacturing

Rumor has it: Egypt mulls US debt relief in exchange for taking in Gaza Palestinians
November 19th, 2023 - 09:27 GMT

Rumor has it: Egypt mulls US debt relief in exchange for taking in Gaza Palestinians

UK Breakfast index high despite drop in inflation
November 16th, 2023 - 12:01 GMT

UK Breakfast index high despite drop in inflation

Congress passes stopgap bill, dumps US aid to Israel, Ukraine
November 16th, 2023 - 10:50 GMT

Congress passes stopgap bill, dumps US aid to Israel, Ukraine

Stocks worldwide down on new US inflation data, gold prices up
November 16th, 2023 - 10:05 GMT

Stocks worldwide down on new US inflation data, gold prices up

Oil prices slip on US dollar rebounding from year’s low
November 16th, 2023 - 08:40 GMT

Oil prices slip on US dollar rebounding from year’s low

IEA slams ‘unneeded’ crude, gas field investments as oil prices swing on supply-demand concerns
November 15th, 2023 - 01:39 GMT

IEA slams ‘unneeded’ crude, gas field investments as oil prices swing on supply-demand concerns

Gov’t looks into $137b aid fund for China’s debt-laden property sector
November 15th, 2023 - 01:31 GMT

Gov’t looks into $137b aid fund for China’s debt-laden property sector

China’s economy shows signs of recovery, but growth remains sluggish
November 15th, 2023 - 11:36 GMT

China’s economy shows signs of recovery, but growth remains sluggish

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