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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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With pro-West Prime Minister Saad Hariri in the helm the country has moved closer to accepting all the reforms contained in a Paris conference. (AFP)
February 6th, 2019 - 11:47 GMT

Lebanon’s New Government to Implement Economic Reforms Suggested by Donors

The platform, which allows the trading of Bitcoin, Litecoin and Ethereum, filed for creditor protection in the Nova Scotia Supreme Court last week. (Shutterstock)
February 6th, 2019 - 11:16 GMT

Canada's Biggest Crypto Exchange May Have Lost Millions After CEO's Death

The funds would help ease investor concerns that Lebanon is on the brink of a financial meltdown sparked by political turmoil and doubts over its ability to repay debts. (Shutterstock)
February 6th, 2019 - 10:29 GMT

After Qatar's Pledge, Lebanon Is Being Secretive About Allies That Might Support It

Egypt has imposed harsh austerity measures to try to right the economy. (Shutterstock)
February 6th, 2019 - 08:29 GMT

IMF Approves $2 Billion Loan Payment for Egypt

The schools are built to take 30 pupils per classroom at annual fees ranging from EGP6 to 7,000 with annual hikes in fees being determined by Ministry of Education in light of changes in costs, energy or interest rates, he illustrated. (Shutterstock)
February 5th, 2019 - 01:24 GMT

Egypt Seeks Investors to Build, Operate 200 Schools by June

The Cryptoxygen platform’s token OXY2 is based on Ethereum – an open-source, public, blockchain-based distributed computing platform and operating system featuring smart contract functionality. (Pexels)
February 5th, 2019 - 11:25 GMT

Bahrain-Based Entrepreneurs Launch First Hardware-Integrated Crypto Exchange

Middle East Investment Outlook report highlighted concerns about whether privatizations will inevitably require laying off large numbers of Saudi nationals. (Shutterstock)
February 5th, 2019 - 10:24 GMT

The Repercussions of Privatization in Saudi Arabia

The significant growth in deal value was driven by increased deal-making in the UAE, which more than doubled to $10.4 billion in 2018. (Shutterstock)
February 5th, 2019 - 09:58 GMT

Report: Deal-Value Soars to $26.76 Billion in MENA

Egypt and Sudan are at odds over an Ethiopian plan to build a huge hydropower dam near the Sudanese border. (AFP)
February 5th, 2019 - 09:43 GMT

Video: The Water Wars Between Egypt, Sudan

Zarif told reporters after the meeting in Commission that the delays in establishment of the INSTEX was due to different reasons including the US pressures.(Shutterstock)
February 5th, 2019 - 09:26 GMT

Iran to Continue Its Trade Relations Despite Establishment’s Delay of EU Channel

The IIF noticed that most economic indicators in Lebanon were on the downside in 2018 due to the political paralysis and failure to form the government in a short period. (Shutterstock)
February 5th, 2019 - 07:57 GMT

Structural Reforms Required in Lebanon to Achieve Higher GDP

Japan imported from the United Arab Emirates 22.778 million barrels of crude oil in December 2018. (Shutterstock)
February 4th, 2019 - 12:44 GMT

UAE Exports to Japan More Than 22 Million Barrels of Crude Oil in December

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