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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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Economic Challenges facing 3-times Turkey President Erdogan
May 29th, 2023 - 11:43 GMT

Erdogan's odds: An economic overview

EU relieved by declining gas prices
May 28th, 2023 - 12:34 GMT

EU relieved by declining gas prices

US jobs report forecast to show slowing inflation
May 28th, 2023 - 12:07 GMT

US jobs report forecast to show slowing inflation

US outraged by China ban on American memory chips
May 28th, 2023 - 10:21 GMT

US outraged by China ban on American memory chips

US debt ceiling deal to pay bills by June 4
May 28th, 2023 - 09:35 GMT

US debt ceiling deal to avert default by June 4

Turkish lira sails steady through the runoff
May 28th, 2023 - 08:02 GMT

Lira sails steady through Turkey runoff elections

Preliminary US debt ceiling deal, payment delays inevitable
May 28th, 2023 - 07:25 GMT

Initial US debt ceiling deal, delays inevitable

N. Korea ranks 1st on modern slavery index
May 25th, 2023 - 01:09 GMT

N. Korea ranks 1st on modern slavery index

Saudi Allocates $130m to support KSA-Iraq trade
May 25th, 2023 - 12:40 GMT

Saudi Allocates $130m to support KSA-Iraq trade

US debt ceiling deal possible – House Speaker
May 25th, 2023 - 11:06 GMT

US debt ceiling deal possible – House Speaker

US credit rating at risk, dollar strikes high
May 25th, 2023 - 10:42 GMT

US credit rating at risk, dollar strikes high

Fed divided on US interest rate hikes, inflation
May 25th, 2023 - 09:24 GMT

Fed divided on US interest rates, inflation

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