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Economy and Policy

Economy and Policy latest

Aqaba Container Terminal Reports Strong Performance in H1 2026 Across Operations, Safety, Sustainability, and Community Impact
July 19th, 2026 - 03:58 GMT

Aqaba Container Terminal Reports Strong Performance in H1 2026 Across Operations, Safety, Sustainability, and Community Impact

Aqaba Container Terminal (ACT), the preferred gateway to Jordan, the Levant, and beyond, reported strong performance during the first half of 2026, driven by operational excellence, commercial growth, health and safety standards, and a commitment to sustainability and community development. During the first half of 2026, ACT handled 472,680 TEUs, compared with 468,062 TEUs during the same period in 2025, while transit cargo volumes reached 36,412 TEUs, a 177% increase from the 13,143 TEUs in H1 2025. This performance was supported by consistently high productivity across terminal operations despite evolving ...
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The absence of a legal framework for bankruptcy has long been a hindrance to UAE businesses. Not anymore. (Shutterstock)
July 23rd, 2017 - 11:17 GMT

A Look at UAE's New Bankruptcy Law: How It Works and Why It's Good News

Economic growth this year for Saudi Arabia is forecast to be around 0.1 percent. (File photo)
July 23rd, 2017 - 09:30 GMT

Saudi Arabia's 2017 Growth Forecast 'Close to Zero': IMF

Iran expects to export 1 million tonnes of surplus wheat and its products this year. (AFP/ File)
July 20th, 2017 - 12:03 GMT

Largely Self-Sufficient, Iran to Export 1 Million Tonnes of Surplus Wheat

Last year's coup attempt, geopolitical developments and the referendum process have all affected Turkey's economy. (AFP/ File)
July 20th, 2017 - 11:54 GMT

Turkey Optimistic, Even as It Runs a $7-Billion Budget Deficit

A rendering of Hamad Port. (Twitter)
July 20th, 2017 - 10:05 GMT

Qatar's Hamad Port Breaks Blockade With Five New Shipping Lines

The new system is designed to automatically detect late or non-payment of salaries to employees in the private sector. (Shutterstock)
July 20th, 2017 - 08:59 GMT

Oman Announces New Wage Protection System for Employees in Private Sector

President Donald Trump vowed during his presidential campaign to re-open NAFTA. (AFP/ File)
July 19th, 2017 - 11:56 GMT

Trump Targets Trade Deficit, Currency Manipulation in NAFTA Talks

An expat waits for his flight at the King Khalid International airport on February 16, 2017. (Fayez Nureldine/ AFP)
July 19th, 2017 - 11:34 GMT

Saudi Arabia’s Expat Fee Doesn't Apply to Dependents on Visit Visa

The world's first operational police robot stands at attention in Downtown Dubai on May 31, 2017. (AFP)
July 19th, 2017 - 11:16 GMT

Non-Oil Sector Will Claim 80 Percent of UAE, Saudi GDP by 2025: Report

Engineer Muammar Al Katheeri and Ghazi Atallah carrying the award.
July 19th, 2017 - 09:38 GMT

DSOA Bags Best Infrastructure Innovation Award for Silicon Park Project in Collaboration With NxN

The kingdom is preparing to implement a new version of its Nitaqat program for companies from September 3. (AFP/ File)
July 19th, 2017 - 08:20 GMT

Saudi Arabia Rejects 63 Percent of Work Visas in 2016: Ministry

Sheikha Lubna Al Qasimi, UAE Minister of State for Tolerance, was voted the most powerful Arab woman in government in 2017. (Photo: Zayed University)
July 18th, 2017 - 07:00 GMT

UAE Women Most Powerful in Arab World, According to Forbes

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