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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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Annual inflation in Kuwait holds near projected March rates
May 18th, 2023 - 11:12 GMT

Annual inflation in Kuwait holds near projected March levels

Foreigners in Egypt allowed to own more properties
May 18th, 2023 - 09:46 GMT

Foreigners in Egypt allowed to own more properties

US inventory data suppress oil prices
May 18th, 2023 - 09:04 GMT

US inventory data suppress oil prices

Saudi non-oil sector to grow 4.7% - World Bank
May 17th, 2023 - 01:19 GMT

Saudi non-oil sector expected to grow 4.7% - World Bank

WB projects UAE economy to grow 2.8% in 2023
May 17th, 2023 - 12:52 GMT

WB projects UAE economy to grow 2.8% in 2023

Moody’s to review rating of 5 banks in Egypt
May 17th, 2023 - 12:23 GMT

Moody’s to review rating of 5 banks in Egypt

Qatar inflation slows in April
May 17th, 2023 - 11:50 GMT

Inflation in Qatar slows in April

U.S. dollar gains suppressed by economic concerns
May 17th, 2023 - 09:47 GMT

US dollar gains suppressed by economic concerns

Qatar's $10b gas contract goes to French-Arab joint venture
May 17th, 2023 - 08:15 GMT

Qatar's $10b gas contract goes to French-Arab joint venture

EU backs tougher crypto tax rules
May 16th, 2023 - 01:30 GMT

EU backs tougher crypto tax rules

UAE billionaire calls for centralized GCC currency
May 16th, 2023 - 12:22 GMT

UAE billionaire calls for centralized GCC currency

Gold prices dip, oil rises amid global anticipation
May 16th, 2023 - 07:36 GMT

Gold prices dip, oil rises amid global anticipation

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