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Economy and Policy

Economy and Policy latest

Trump and Carney
July 21st, 2026 - 11:33 GMT
P. Choiaqo

P. Choiaqo

Trump hits Canada with 50% tariff

ALBAWABA - The Tariff President, Donald Trump, continues to impose tariffs on friends and enemies alike, the latest being Canada with a hefty tariff of 50 percent. The move comes in response to Trump’s perceived ‘unequal treatment’ of U.S. cars, dairy, and alcohol by Canada; tariff targets ranged from everyday goods such as wine and hockey sticks to industrial goods like cement. "This is the latest in a series of ...
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Moody’s anticipate a mild real GDP shrinkage of 0.2 percent in 2017 due to lower oil production. (Pixabay)
April 2nd, 2017 - 11:17 GMT

Saudi Arabia’s fiscal position remains strong: Moody's

According to the report, Dubai saw nearly 11.5 percent fewer new investment projects last year. (Pixabay)
April 2nd, 2017 - 08:04 GMT

Foreign direct investment in Dubai falls 11 percent: Report

Abu Dhabi Ports
April 2nd, 2017 - 06:08 GMT

Abu Dhabi Ports highlights investment opportunities to 15,000 investors

Sultan Ahmed Bin Sulayem, DP World Group Chairman and CEO and Chairman of Ports, Customs and Free Zone Corporation
April 2nd, 2017 - 05:29 GMT

Growth in Dubai's five year trade volumes underlines Emirates' economic resilience

The healthcare sector in the UAE is changing fast to adapt to the demands of a younger, more health-conscious population asking for preventive rather than curative care. (File photo)
April 2nd, 2017 - 05:00 GMT

Healthcare the next booming industry in the UAE: Study

The absence of a state budget since 2005 has left the country’s battered economy burdened with over $74 billion in public debt. (AFP/File)
March 31st, 2017 - 12:00 GMT

Lebanon releases first state budget since 2005, vows to reduce deficit

The market for second-hand cars is feeling the impact of the new fess on expatriates announced by the Saudi government. (Pixabay)
March 30th, 2017 - 06:43 GMT

Used car market in Saudi Arabia suffers as thousands of expats are forced to go home

DED officials honouring Damas
March 29th, 2017 - 09:26 GMT

Dubai Economy honours Damas for consumer-friendly approach and service excellence

Egypt's declining economy needs all the help it can get. (AFP/File)
March 29th, 2017 - 08:59 GMT

Egypt discusses economic support with G-8 countries

In 2016, the country secured a total of $280 million of foreign inward investment from 40 new companies. (File photo)
March 29th, 2017 - 06:00 GMT

Bahrain promises growth, market reforms in return for foreign investment

Oman cracks down on private health clinics. (File photo)
March 28th, 2017 - 01:25 GMT

More than 100 private health clinics fined in Oman, 12 shut down

Saudi Arabia's Energy Minister Khalid Al-Falih during a meeting between members of the OPEC in 2016. (AFP)
March 28th, 2017 - 09:11 GMT

Saudi Aramco's tax cut is in the interest of the country, its citizens and future generations: Minister

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