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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 Saudi-Emirati Coordination Council set seven initiatives to increase the integration between the two countries during their first meeting in Abu Dhabi. (Shutterstock)
January 21st, 2019 - 08:05 GMT

Saudi Arabia, UAE Launch a Joint Cryptocurrency

It was agreed that all donor countries and Arab funds should work shoulder to shoulder to ease the suffering of Syrian refugees. (Shutterstock)
January 21st, 2019 - 07:56 GMT

What Solutions Did the Arab Leaders Create in Their Economic Summit?

During the event
January 21st, 2019 - 07:01 GMT

Dubai Customs Launches 24th Edition of Carpet & Art Oasis 2019

World-renowned inspirational speaker, leadership expert and best-selling author Tommy Spaulding
January 20th, 2019 - 12:08 GMT

World-Renowned Inspirational Speaker to Headline Mohammed Bin Rashid Al Maktoum Business Awards

Nearly two-thirds of UAE residents expect a salary increase in this year following a year of wage stagnation in 2018. (Shutterstock)
January 20th, 2019 - 10:37 GMT

Survey: More Than 60 Percent of UAE Residents Expect a Salary Hike

The balance of trade volume between India and the UAE is now worth $57 billion (Shutterstock)
January 20th, 2019 - 10:26 GMT

UAE-India Bilateral Trade to Exceed $100 Billion by 2020

The World Bank has reduced its estimates of global growth in 2018 and 2019 by just 0.1 percentage points, to 3% and 2.9%, respectively, since its June outlook. (Shutterstock)
January 20th, 2019 - 09:31 GMT

Why Global Financial Markets Became Unpredictable

The world is becoming more vulnerable to pandemics, despite advances in medicine and public health. (Shutterstock)
January 20th, 2019 - 09:14 GMT

Global GDP to Fall 0.7 Percent Due to Climate Change

Tunisia’s largest labor union has announced a two-day general strike for public-sector employees on Feb. 20.  (AFP)
January 20th, 2019 - 08:31 GMT

Tunisia's Labor Union Announces 2-Day Strike for Next Month

Flags of the Arab league states are seen on display ahead of the Arab Economic and Social Development Summit in Beirut (AFP)
January 20th, 2019 - 08:09 GMT

Arab Economic and Social Development Summit Did Not Go According to Plan

A no-deal Brexit could send the pound/dirham rate down to the 3.8 level from the current 4.77.
January 20th, 2019 - 07:00 GMT

Dirham vs Pound, How Will the Brexit Affect the UAE's Economy?

The Cabinet decided to slash the general sales tax on 61 commodities down to 4 per cent from 10 and 16 per cent. (Shutterstock)
January 19th, 2019 - 10:00 GMT

Jordan’s Decision to Reduce Sales Tax on Commodities Criticised as Ineffective

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