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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 the last five working days, the rupee has lost Rs7.70 against the dollar and it is expected to remain under pressure in the coming weeks
June 15th, 2019 - 06:10 GMT

Pakistani Rupee Hits All-Time Low Against US Dollar

An Iranian worker at Iran Khodro factory in 2018.
June 13th, 2019 - 12:00 GMT

Iran Auto, Defense Industries Mull Tie-Up to Overcome Sanctions

The US Treasury Wednesday unveiled the sanctions against the company and two of its associates claiming they had ties with Iran's Islamic Revolutionary Guard Corps.
June 13th, 2019 - 11:30 GMT

US Unveils Sanctions Against Iraqi Company Over Ties With Iran

In order for Europe to help Iran with its oil exports and international banking, Iran must be able to sell oil.
June 13th, 2019 - 09:30 GMT

Iran May Change Its Stand on Nuclear Deal Due to Oil Sanctions

The order will regulate and phase out the use of plastic bags.
June 13th, 2019 - 09:00 GMT

No More Plastic Bags in Bahrain Starting July

Monetary policy is expected to gradually tighten as Qatar’s central bank resumes raising interest rates to restore the spread versus US policy rates, and to attract FX inflows into the banking system, the WB report said.
June 13th, 2019 - 08:30 GMT

World Bank: Qatar’s Economy to Expand 3 Percent Over Medium Term

Officials said the shares were sold out to the government department at exaggerated prices amounting to 210 million euros.
June 13th, 2019 - 08:00 GMT

Ex-Emirati Chairman, Expat CEO Sentenced to 15 and 10 Years in Jail Respectively

Analysts predicted that even if the Qatari pledge was real, the 15 billion it promised will not be enough to resolve the ailing economy.
June 12th, 2019 - 10:23 GMT

How Sincere Is Qatar's Pledge to Support Turkey's Deteriorating Economy?

The law also provides for a new administration process where there is evidence of mismanagement or misconduct.
June 12th, 2019 - 09:26 GMT

Dubai Introduces New Insolvency Law

The government is working to attract foreigners to come and invest, manufacture and export in order to boost trade which is contributing 30 per cent to Dubai’s GDP.
June 12th, 2019 - 07:50 GMT

Chinese Companies to Invest Over $4 Billion in UAE Logistics Projects

Chinese Vice Foreign Minister Zhang Hanhui stated that “trade frictions between China and the US and the spectre of trade frictions between the US and India” are of vital importance for talks between the two countries currently under pressure from Washington.
June 12th, 2019 - 07:23 GMT

China Proposes Unity to India to Resist US Trade ‘Bullying’

The actions follow sanctions on Foz by the European Union in January.
June 12th, 2019 - 06:59 GMT

US Sanctions Syrian Businessman for Supporting Assad Regime

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