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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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The federal government will retain Dh8.1 billion (30 per cent of collected revenues) while the remaining Dh18.9 billion will be divided among the emirates.
June 26th, 2019 - 08:34 GMT

UAE’s VAT Revenue Exceeds Estimates, Hits $7.4 Billion

A cut in servicing the cost of Lebanon’s massive public debt has been factored into the 2019 draft state budget that aims to slice the deficit to 7.6% of GDP.
June 26th, 2019 - 08:09 GMT

Zero Percent Economic Growth Projected for Lebanon this Year

The projects include the expansion of a milk production unit in the central city of Sidi Bouzid at a cost of at least USD 17 million.
June 26th, 2019 - 07:58 GMT

Tunisia to Invest over $204 Million in Vital Projects

The applicant should be at least a bachelor's degree holder or its equivalent; have at least five years of work experience, have a valid employment contract and a monthly salary of not less than Dh30,000.
June 26th, 2019 - 07:48 GMT

Here's Who Can Apply for UAE's Gold Card and How

The UAE has seen its rating improve seven places since the launch of the report in 2012-13 till date.
June 26th, 2019 - 07:30 GMT

UAE Ranks 1st Among Its Peers in Mideast in FutureBrand Index

On Tuesday, gold broke above technical resistance which has thwarted every rally for half a decade to finally rise above $1,400.
June 26th, 2019 - 06:40 GMT

Gold Prices Surge to 6-Year High, Exceeding $1400

The purpose of the amnesty scheme, which will end on June 30, is to allow the non-documented economy's inclusion in the taxation system to trigger economic revival and growth by encouraging a tax compliance in the economy.
June 26th, 2019 - 06:17 GMT

Pakistanis to Declare over $6 Billion of Assets in Foreign Countries

Turkish people gather to celebrate after the Istanbul mayoral elections re-run, at Kadikoy in Istanbul, on June 23, 2019.
June 25th, 2019 - 02:30 GMT

Turkish Lira Up 2 Percent After Istanbul’s Mayoral Elections

China is ranked as the first country to exports to Bahrain with BD58 million
June 25th, 2019 - 01:00 GMT

Bahrain-Origin Exports Surge 16 Percent Reaching $553 Million in May

The sanctions are aimed at denying Iran’s leadership access to financial resources, blocking them from using the United States financial system or having access to any assets in the United States.
June 25th, 2019 - 12:00 GMT

Trump Imposes Financial Sanctions on Iran's Khamenei

Since 2003, the French agency has been supporting the Kingdom to improve the social and economic conditions in light of the international and regional challenges
June 25th, 2019 - 10:00 GMT

Jordan to Receive 95 Million Euro Soft Loan from French Agency for Development

Jordan is a valued and trusted partner and the EU is determined to support the Kingdom at this critical time
June 25th, 2019 - 09:30 GMT

EU Grants Jordan 20 Million Euro to Help Position Private-Sector Innovation

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