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Economy and Policy

Economy and Policy latest

DMCC’s Maryam Al Hashemi Appointed 2026 Chair of the Kimberley Process Committee on Participation and Chairmanship
February 6th, 2026 - 06:58 GMT

DMCC’s Maryam Al Hashemi Appointed 2026 Chair of the Kimberley Process Committee on Participation and Chairmanship

The Kimberley Process (KP) has announced the appointment of Maryam Al Hashemi as the 2026 Chair of its Committee on Participation and Chairmanship (CPC). A highly respected industry leader and KP veteran, Al Hashemi brings extensive expertise to this critical role. India will chair the KP in 2026, the third time it has chaired the body overall, with commitments to building consumer confidence, accelerating digital traceability and advancing data-driven compliance. Currently serving as the Senior Director of Precious Stones and Metals at DMCC and the UAE KP Director, Al Hashemi ...
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Last month, the cash surplus of $730 million represents the Treasury's cash revenues plus privatization and fund income minus expenditures, including interest payments. 
August 8th, 2019 - 09:00 GMT

Turkey's Treasury cash balance sees surplus of $730 million in July

In May, the current account posted a $151 million surplus, versus a $6.17 billion deficit in the same month last year.
August 8th, 2019 - 08:00 GMT

$376 Million Turkey’s Current Account Deficit Balance in June

Oman’s gas production over the three years before that had hovered close to the 1.5 million cubic feet mark, but never crossed it.
August 8th, 2019 - 07:30 GMT

Natural Gas Production Crossed 1.5 Million Cubic Feet in 2018 in Oman

The government also remains committed to the Aramco IPO, which is expected to take place between 2020 and early 2021.
August 8th, 2019 - 05:44 GMT

Saudi Arabia Leads Region IPO Activity

The Iranian and Iraqi delegations also agreed to gear up the efforts to help investors engage in joint projects in the two neighboring countries.
August 7th, 2019 - 01:00 GMT

Iran, Iraq Sign MoU to Boost Trades Between Countries

The projects include the restoration of damaged houses and school buildings, as well as the establishment of a hospital for women and children.
August 7th, 2019 - 11:30 GMT

UAE to Fund $9.8 Million Projects in Comoros

The bankruptcy filing represents a significant fall for a nearly century-old luxury retailer that attracted cutting-edge fashion designers, celebrities and bestowed an aura of chic among its shoppers.
August 7th, 2019 - 10:00 GMT

US Retail Tycoon Barneys Files for Bankruptcy

Bahrain expected the budget deficit to fall from 6.2 percent of GDP in 2018 to 3.4 percent in 2019 and then to 2.1 percent in 2020.
August 7th, 2019 - 06:30 GMT

Bahrain’s Budget Deficit Down to $1.07 Billion

Saudi women participation is estimated at around 20 percent compared to 63 percent for men.
August 6th, 2019 - 01:30 GMT

Women to Retire at Age of 60 in Saudi Arabia

The Indian rupee registered a three-month low following the slide in yaun
August 6th, 2019 - 10:30 GMT

Indian Rupee Suffers Biggest One-Day Fall in Six Years

The new import duties will be on top of 25% tariffs the U.S. already imposed on $250 billion worth of Chinese goods.
August 6th, 2019 - 10:00 GMT

US Accuses China of Being a 'Currency Manipulator'

The Trump administration has been focusing on economic and diplomatic measures against Maduro
August 6th, 2019 - 09:00 GMT

Trump Freezes All Venezuelan Government 's Assets in US

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