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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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Inflation in Egypt slows in April to 30.06%
May 10th, 2023 - 08:48 GMT

Inflation in Egypt slows to 30.06% in April

Abu Dhabi 2022 estimates cite 9.3% GDP growth
May 9th, 2023 - 02:01 GMT

Abu Dhabi 2022 estimates cite 9.3% GDP growth

Oil drops 0.7% ahead of U.S. inflation data
May 9th, 2023 - 10:23 GMT

Oil drops 0.7% ahead of US inflation data

ARAMCO posts Q1 profits, beats expectations
May 9th, 2023 - 09:45 GMT

Aramco posts Q1 profits, beats expectations

US Debt
May 8th, 2023 - 07:25 GMT

US debt at 98% of GDP, close to WWII levels

China's forex reserves up $21b
May 7th, 2023 - 10:56 GMT

China's forex reserves up $21b, Yuan beats Dollar

Social Security announces 2.74% pension raise
May 7th, 2023 - 08:53 GMT

Jordan Social Security posts 2.74% pension raise

UAE, GCC relieved by Fed interest rate halt
May 7th, 2023 - 08:14 GMT

UAE, GCC relieved by Fed rate halt

Fed hikes interest rates to pre-2008 levels
May 4th, 2023 - 09:33 GMT

Fed hikes interest rates to pre-2008 levels

Oil drops 4% as Fed raises interest rate
May 4th, 2023 - 06:47 GMT

Oil drops 4% as Fed raises interest rate

January 10, 2023, Brazil. In this photo illustration, the Silicon Valley Bank (SVB) logo is displayed on a smartphone screen.
April 28th, 2023 - 04:20 GMT

US Federal Reserve failed to prevent SVB collapse

Eurozone economy grows by 0.1% in Q1 2023, defying expectations
April 28th, 2023 - 11:44 GMT

Eurozone economy grows 0.1% in 1st quarter of 2023

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