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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 Prime Minister stressed the importance of maintaining the competitive advantages of the pharmaceutical industry and its reputation locally and internationally as the Kingdom's second largest exporter. (Shutterstock)
December 16th, 2018 - 08:43 GMT

Jordan Aims to Enhance Economic Value of Pharmaceutical Industry

The Japanese official reviewed the Japan-sponsored peace and prosperity corridor initiative that aims to achieve peace and economic empowerment, especially for the Palestinians and the projects carried out in this regard. (Shutterstock)
December 16th, 2018 - 08:04 GMT

Japan to Loan Jordan $300 Million

Commander Rebecca Rebarich, a Pentagon spokeswoman, stated on Friday that the US Central Command (CENTCOM) was specifically looking to reimburse about $36.8 million for fuel costs and $294.3 million for flight hours, which were not included in the initial bills and were therefore paid for with taxpayer money. (Shutterstock)
December 16th, 2018 - 07:36 GMT

Saudi, UAE to Pay the US $331 Million for Air Refueling "Accounting Error"

A MoU was also signed to extend the Saudi grant for maintenance of the King Abdulaziz Mosque in the Tunisian capital of Tunis. (Shutterstock)
December 16th, 2018 - 07:25 GMT

Saudi, Tunisia Sign MoUs Targeting Development and Agriculture

The first phase of the project, scheduled for completion in the first quarter of 2022, will include up to 3,000 hotel rooms, an airport to serve the destination, and yacht marinas, as well as residential properties and recreational facilities. (Shutterstock)
December 16th, 2018 - 07:10 GMT

Saudi Arabia Has High Hopes on Red Sea Tourism Projects. Will They Pay Off?

The currency recovered most of its losses after significant tightening by the country's central bank. (Shutterstock)
December 16th, 2018 - 06:46 GMT

Fitch Is Not Optimistic About Turkey's Economic Outlook

Turkish Parliament Speaker Binali Yildirim noted Turkey’s place among the world’s top 20 economies. (Shutterstock)
December 16th, 2018 - 06:35 GMT

Turkey Aims to Increase Exports to $200 Billion

The programme was launched as part of CCCP’s efforts to facilitate communication between DED employees and Chinese-speaking customers, thereby enhancing service quality and customer happiness.
December 13th, 2018 - 10:39 GMT

First Batch of DED Employees Complete Chinese Language Programme

The UAE Central Bank issued a statement on Wednesday. (Shutterstock)
December 13th, 2018 - 09:00 GMT

UAE, Saudi to Use Digital Currency to Speed up Transactions


The confidence level of Saudi CEOs about the global economy stood at 94 per cent this year as against 55 per cent last year.  (Shutterstock)
December 13th, 2018 - 08:51 GMT

CEOs in Saudi Are Still Predict Healthy Economic Growth Due to Oil

In quitting Iran, multinational European firms ignored pleas by their governments to stay their ground and continue trade. (Shutterstock)
December 13th, 2018 - 07:44 GMT

EU, US Exports to Iran Increase Despite Sanctions

Iran and Oman have had good economic relations from old times and the ties have even expanded in recent years due to extended bank cooperation between the two countries. (Shutterstock)
December 13th, 2018 - 07:39 GMT

Oman, Iran to Strengthen Trade via New Marine Line

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