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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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Oil prices up on stronger China data, weaker US dollar
November 15th, 2023 - 11:30 GMT

Oil prices up on stronger China data, weaker US dollar

UK inflation down sharply, good news for PM Sunak
November 15th, 2023 - 10:58 GMT

UK inflation down sharply, good news for PM Sunak

Gold prices, stocks worldwide rally on slowing US inflation
November 15th, 2023 - 08:22 GMT

Gold prices, stocks worldwide rally on slowing US inflation

Germany to overtake shrinking economy of Japan as No. 3
November 15th, 2023 - 08:12 GMT

Germany to overtake shrinking economy of Japan as No. 3

US-China ties: Biden to push Xi to resume military relations
November 13th, 2023 - 11:32 GMT

US-China ties: Biden to push Xi to resume military relations

Iraqi oil production to resume in Kurdish region within days
November 13th, 2023 - 10:52 GMT

Iraqi oil production to resume in Kurdish region within days

Stocks worldwide mixed ahead of US inflation data
November 13th, 2023 - 09:50 GMT

Stocks worldwide mixed ahead of US inflation data

Oil prices fall on US, China demand concerns
November 13th, 2023 - 08:29 GMT

Oil prices fall on US, China demand concerns

Investors pull out of equity funds tracking Saudi stocks
November 12th, 2023 - 09:12 GMT

Investors pull out of equity funds tracking Saudi stocks

Lawmakers clash over bill to avoid US government shutdown
November 12th, 2023 - 08:30 GMT

Lawmakers clash over bill to avoid US government shutdown

China deflation strikes again in October
November 9th, 2023 - 08:03 GMT

China deflation strikes again in October

Israeli Forex reserves down billions since surprise Gaza attack
November 8th, 2023 - 10:04 GMT

Israeli Forex reserves down billions since surprise Gaza attack

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