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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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Trump administration official says government is considering targeting areas of Iran's economy that have not been hit before. (Shutterstock)
April 3rd, 2019 - 09:13 GMT

US Mulls Targeting New Areas of Iran's Economy Through Additional Sanctions

Saudi Arabia’s Q4 2018 GDP figures indicated that the economy expanded 3.6 per cent y-o-y (+2.5 per cent y-o-y in Q3), driven by the expansion in the oil sector. (Shutterstock)
April 3rd, 2019 - 08:20 GMT

Saudi Economy Expands at Fastest Pace in 3 Years Due to Oil Sector's Recovery

The WB partly and indirectly attributed the revival of growth to policies that reduced the GCC’s reliance on oil revenues in addition to UAE’s investments in infrastructure in preparation to host Expo 2020. (Asharq Alawsat)
April 3rd, 2019 - 08:15 GMT

World Bank Projections on Countries' Region's Economy

The Turkish currency lost nearly 30 percent against the dollar last year in a sell-off sparked by concerns over the independence of the central bank and exacerbated by worsening ties with Washington. (Shutterstock)
April 3rd, 2019 - 07:50 GMT

Turkish Lira Drops Amid US Halting of Fighter Parts Delivery

Experts call on state to control prices so that citizens can feel impact of new decisions. (Shutterstock)
April 3rd, 2019 - 07:37 GMT

Egyptians Are Skeptical About Wage Raises

The forecast indicates a slight drop from previous projections by the World Bank, as a previous report earlier this year expected the Kingdom’s growth for 2019 to reach 2.3 per cent, 2.4 per cent in 2020 and 2.7 in 2021. (Shutterstock)
April 3rd, 2019 - 07:19 GMT

World Bank: Jordan Economy to Grow by 2.2 Percent in 2019

Bitcoin surged to near $20,000 in late 2017, the peak of a bubble driven by retail investors that pushed cryptocurrencies onto the agenda of mainstream financial firms. (Shutterstock)
April 3rd, 2019 - 07:11 GMT

Bitcoin Surpasses $5000 for the First Time in Five Months

Trade growth in 2018 was weighed down by several factors, including new tariffs and retaliatory measures affecting widely-traded goods, weaker global economic growth, volatility in financial markets and tighter monetary conditions in developed countries, among others. (Shutterstock)
April 3rd, 2019 - 06:49 GMT

Global Trade Growth to Be Hindered Due to Trade Tensions, Economic Uncertainty

HE Majid Saif Al Ghurair during Diplomatic Circle Dinner.
April 2nd, 2019 - 12:37 GMT

Dubai Chamber Briefs Diplomats on Key Achievements and Strategic Plans

FTA Director General His Excellency Khalid Ali Al Bustani
April 2nd, 2019 - 11:47 GMT

Federal Tax Authority’s Website Begins Receiving Applications for Refunding VAT to Business Visitors

There are “other obstacles” that Jordanian produce exporters face when trying to export to Syria. (Shutterstock)
April 2nd, 2019 - 11:09 GMT

Jordan's Exports to Syria Plummet 70 Percent Despite Reopening of Border Crossing

The sum of exports and imports went down by 17.4 percent to reach $1.6 billion over the period. (Shutterstock)
April 2nd, 2019 - 06:42 GMT

Lebanon’s Trade Deficit Falls to $1.2 Billion

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