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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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Al Bawaba
November 13th, 2011 - 06:50 GMT

Samsonite reinforces presence across Saudi Arabia; unveils new stores

Al Bawaba
November 13th, 2011 - 06:09 GMT

Drake & Scull International reports solid net income growth for third quarter 2011

A large number of pilgrims prefer motorcycles to other vehicles as the best means of transportation in the midst of huge crowds of pilgrims
November 10th, 2011 - 03:46 GMT

Thriving business for ‘bike taxis’ amid crackdowns in Haj

Numbers released in advance of the SIAL Middle East 2011 food fair also predict that the UAE’s growing population will boost food consumption by 5.4 percent annually from 7.8 million tonnes in 2011 to 9.7 million tonnes in 2015
November 10th, 2011 - 03:25 GMT

Gulf food imports to double by 2020 as population rises

Dr Bandar Hajar, deputy chairman of the Saudi Shura Council, said the UAE began with a strong determination shown by its leadership and people in promoting the nation’s development
November 10th, 2011 - 03:12 GMT

UAE unrivalled in its pace of economic development

Finance Minister Mohammad Safadi presented his 2012 draft budget to the Cabinet two weeks ago which is yet to be discussed and approved by the ministers
November 10th, 2011 - 09:03 GMT

Merchants in Lebanon warn against any bid to raise VAT

Al Bawaba
November 10th, 2011 - 08:55 GMT

Philips unveils revolutionary water disinfection solution

Al Bawaba
November 10th, 2011 - 08:41 GMT

Nestlé survey reveals interesting results on dessert eating trends in the Middle East

Al Bawaba
November 10th, 2011 - 08:32 GMT

GE Aviation appoints Isam Moursy as General Manager - MEA

They work for Tawafa organizations, the Makkah Metro, and as security guards at the hundreds of tents housing millions of pilgrims
November 10th, 2011 - 07:46 GMT

For young Saudis, Haj an opportunity to learn and earn

DP World
November 9th, 2011 - 12:24 GMT

DP World’s Port Qasim terminals can now handle 295-m long vessels at night

Hajj arrivals
November 9th, 2011 - 09:52 GMT

Abu Dhabi International Airport ensures seamless arrival flow of pilgrims

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