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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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Jordan in 77 years: An Independence Day chronicle
May 25th, 2023 - 07:40 GMT

Jordan in 77 years: An Independence Day chronicle

Corporate tax in UAE also includes individuals
May 23rd, 2023 - 10:44 GMT

Corporate tax in UAE also includes individuals

Abu Dhabi eyes $2b business opportunities in S. Korea
May 23rd, 2023 - 09:51 GMT

Abu Dhabi's $2b investments in S. Korea

Oil prices rise on higher demand, tighter supply
May 23rd, 2023 - 09:14 GMT

Oil prices rise on higher demand, tighter supply

US debt ceiling talks promising, not conclusive
May 23rd, 2023 - 08:15 GMT

US debt ceiling talks promising, not conclusive

Fed may raise US interest rates to 6.5%
May 22nd, 2023 - 01:41 GMT

Fed may raise US interest rates to 6.5%

Annual inflation in Morocco rises to 7.8%
May 22nd, 2023 - 01:01 GMT

Annual inflation in Morocco rises to 7.8%

Lira crashes ahead of Turkey's elections runoff
May 22nd, 2023 - 12:29 GMT

Lira crashes ahead of Turkey's elections runoff

Meta fined with record $1.3b
May 22nd, 2023 - 11:13 GMT

Meta fined with record $1.3b for privacy breaches

Oil prices slipped on Monday to $74.85 and $70.96 per barrel of Brent and West Texas Intermediate (WTI) crudes, respectively
May 22nd, 2023 - 09:38 GMT

Stuck in OPEC+’ trap, oil prices fall again

JPMorgan takes the lead with nearly $2t in deposit
May 21st, 2023 - 12:10 GMT

JPMorgan takes lead on US Banks, deposits at $2t

Countdown for June 1: US debt ceiling crisis
May 21st, 2023 - 10:03 GMT

Countdown to June 1: US debt ceiling, cash crisis

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