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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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In addition to banning expats in 35 job categories, the second proposal tabled yesterday would also raise the minimum wage of Bahrainis to at least BD550
June 17th, 2019 - 11:00 GMT

Bahrain Mulls Banning Expat Recruitment in 35 Professions

The privatization drive is part of Vision 2030
June 17th, 2019 - 10:30 GMT

Saudi Arabia to Finalize Privatization Deals Worth $533 Million

Global economic risks remain skewed to the downside.
June 17th, 2019 - 09:56 GMT

Report: Global Output Expansion to Decline to 3.4 Percent in 2020

Erdogan noted that Turkey, Greece and the UK are the guarantor countries of Cyprus, and those countries are speaking as the guarantors.
June 17th, 2019 - 09:30 GMT

Turkey Exempts Exporters From Exchange Tax When Buying Foreign Currency

The two countries maintain close ties in hydrocarbons trade and work jointly on peaceful nuclear power projects in Iran.
June 17th, 2019 - 09:00 GMT

Russia, Iran Bilateral Trade Exceeds $1.7 Billion in 2018

Travel and tourism registered the second-strongest overall improvement in business conditions on record (59.5) despite a slight fall in jobs
June 17th, 2019 - 06:30 GMT

Trade, Travel Stimulate the Business Boom in Dubai

Current market shows increased Used Car sales compared to New cars
June 17th, 2019 - 04:52 GMT

Car Insurance Premium in UAE Declines by 9.5 Percent

Moody's said external pressures are exacerbated by the row between Turkey and the United States over Ankara's purchase of S-400 missile systems from Russia.
June 16th, 2019 - 10:07 GMT

Turkey Doesn't Approve of Moody's Downgrade

The new duties take effect from Sunday.
June 16th, 2019 - 09:57 GMT

India Imposes Retaliatory Tariffs on 28 US Goods

The DED report on Saturday said that manufacturing and tourism sectors are expected to drive the emirate's growth at 2.1 per cent this year and 3.8 per cent in 2020.
June 16th, 2019 - 07:57 GMT

Dubai Issues Over 9,000 New Business Licenses at Start of 2019

The government had, a few months ago, announced a major initiative to increase the hiring of new Bahraini graduates.
June 16th, 2019 - 07:12 GMT

Bahrain Mulls Imposing BD20,000 Fine on Firms 'Not Prioritising Hiring Nationals'

The report showed that the growth rate of investment flows in Bahrain reached 6%.
June 15th, 2019 - 05:00 GMT

2.73 Percent Growth in Bahrain’s Economy In First Quarter of 2019

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