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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 Kingdom has been trading its oil in dollars for decades and that has served well its financing and monetary needs. (Shutterstock)
April 9th, 2019 - 06:19 GMT

Saudi Arabia Rejects Non-Dollar Oil Trade

Double taxation avoidance agreements allocate taxing rights and ensure individuals and businesses are only taxed once. (Shutterstock)
April 9th, 2019 - 05:44 GMT

UAE-Saudi Double Tax Avoidance Agreement to Boost Bilateral Trade

Ahmad Bin Shafar, CEO of Empower.
April 8th, 2019 - 11:14 GMT

Empower Reinforces the Circular Economy 360 Model for a Sustainable Dubai

H.E. Sultan Bin Saeed Al Mansoori, UAE Minister of Economy
April 8th, 2019 - 07:27 GMT

UAE Ranks First in the Region Representing 36 Percent of the Total FDI Flow to the Arab Countries

The police also recorded 41 forgery cases and arrested 63 suspects in 2018. (Shutterstock)
April 8th, 2019 - 04:38 GMT

Dubai Seizes Dh1 Billion in Fake Currency

One of the key sectors that have seen an uptick in FDIs include wholesale and retail trade. The total foreign direct investment in this sector amounted to about $29.8 billion, with a contribution of 24.9 percent of the total FDI inflows in the UAE. (Shutterstock)
April 8th, 2019 - 03:48 GMT

UAE Tops List of Arab Countries' FDI at $10.35 Billion in 2017

This programme is a social process that is based on a comprehensive analysis of the economic, social and cultural situation, he said. (Shutterstock)
April 8th, 2019 - 03:43 GMT

Tunisia Prepares for Socio-Economic Programme Ahead of Elections

Turning to his visit with Iranian minister of energy, he said, “expert-level session was held in continuation of our previous talks with regard to the development of Iraqi electricity in cooperation with the Islamic Republic of Iran.” (Shutterstock)
April 8th, 2019 - 03:39 GMT

Iraq, Iran to Bolster Electricity Cooperation

According to spokesman for the Atomic Energy Organization of Iran (AEOI), Behrouz Kamalvandi, the achievements would cover various fields, including exploration, extraction, fuel cycle, power plants, science and technology as well as laser. (Shutterstock)
April 8th, 2019 - 03:34 GMT

Iran Already Hit 114 Nuclear Achievements and Will Reveal Them on Tuesday

In a region known for its big governments, it is important that regulations do not create stumbling-blocks to optimizing the benefits of technology. (Shutterstock)
April 8th, 2019 - 03:30 GMT

Arab States Must Tackle Data Privacy Laws Towards 4th Industrial Revolution

“(We need) to find a new economic model that can integrate this region and allow it to actually punch at its weight, whereas today we are punching below our weight.” (Shutterstock)
April 8th, 2019 - 03:25 GMT

Arab Economies' Combined GDP Equate to One Single Country, and That's Not Good

Egypt has recently launched an international tender for new explorations in 10 areas in the Red Sea, added the statement. (Shutterstock)
April 8th, 2019 - 03:18 GMT

Egypt, Saudi Boost Relations in Oil, Gas and Minerals Sectors

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