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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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US child poverty surges as 1 in 6 live in extreme poverty worldwide
September 13th, 2023 - 11:52 GMT

US child poverty surges as 1 in 6 live in extreme poverty worldwide

Dollar holds fast ahead of US inflation data, yen falls
September 13th, 2023 - 10:48 GMT

Dollar holds fast ahead of US inflation data, yen falls

Oil prices rise close to 10-month high, again
September 13th, 2023 - 09:56 GMT

Oil prices rise close to 10-month high, again

Basic UK wages at record high as unemployment rises
September 12th, 2023 - 01:20 GMT

Basic UK wages at record high as unemployment rises

Oil prices rise as markets hold for economic US, EU data
September 12th, 2023 - 12:33 GMT

Oil prices rise as markets hold for economic US, EU data

Mexico replaces China as top US trade partner
September 12th, 2023 - 11:42 GMT

Mexico replaces China as top US trade partner

New KSA fund to fuel Saudi construction boom
September 12th, 2023 - 08:48 GMT

New KSA fund to fuel Saudi construction boom

DEWA, Masdar to expand world’s biggest solar park in Dubai
September 12th, 2023 - 07:45 GMT

DEWA, Masdar to expand world’s biggest solar park in Dubai

China’s Country Garden faces another debt crisis as cities lift home-purchasing curbs
September 11th, 2023 - 11:55 GMT

China’s Country Garden faces another debt crisis as cities lift home-purchasing curbs

Stocks worldwide mostly up on open as Yen, Yuan gain
September 11th, 2023 - 10:35 GMT

Stocks worldwide mostly up on open as Yen, Yuan gain

Cityscape Global 2023 launches with billions in new deals amid Saudi construction boom
September 11th, 2023 - 09:04 GMT

Cityscape Global 2023 launches with billions in new deals amid Saudi construction boom

Better late than never: India responds to Belt and Road with Mideast-India railway-corridor
September 10th, 2023 - 01:40 GMT

Better late than never: India responds to Belt and Road with Mideast-India railway-corridor

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