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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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During the event
December 3rd, 2018 - 09:04 GMT

Federal Tax Authority: Profit Margin Scheme Applies Only to Used Cars Already Subjected to Vat

The volume of Kuwaiti oil bound for Japan rose for the first time in two months, providing 7.4 percent of the Asian nation's total crude imports, compared with 6.1 percent in the same month of last year, the Japanese Natural Resources and Energy Agency said in a preliminary report. (Shutterstock)
December 3rd, 2018 - 07:39 GMT

Kuwait Ahead of Qatar as Japan’s ‘Third Biggest’ Oil Provider

A total 35 British companies already operate independently at the Qatar Financial Centre as the UK ranks as the eighth largest trade partner with Qatar, with goods traded worth a total USD 3 billion last year. (Shutterstock)
December 3rd, 2018 - 07:34 GMT

Qatar, UK to Build on Their $3 Billion Trade Ties Ahead of World Cup 2022

Whatever the commercial imperatives, Qatar would be helping Iran break out of its US-imposed isolation by intensifying airline connections. (Shutterstock)
December 3rd, 2018 - 07:29 GMT

Why Is Qatar Airways Extending More Destinations to Iran Despite US Sanctions?

The funds are paid when the exporting process is finished, and they range from eight to 12 per cent of the total value of the products concerned. (Shutterstock)
December 3rd, 2018 - 07:25 GMT

After a Two-Year Hiatus, Will Egypt Release Its Export Subsidies?

The timing of the government’s decision coincided with financial problems at the country’s sole oil refinery, La Samir, forcing it to cease operations in August 2015. (Shutterstock)
December 3rd, 2018 - 07:21 GMT

Deregulation of Oil Prices Is Putting the Moroccan Government in Hot Waters

The agreement between Russia and Saudi Arabia lead a group of oil producers known as OPEC+, which includes the members of the Organization of the Petroleum Exporting Countries (OPEC) and other large producers, most notably Russia. (Shutterstock)
December 3rd, 2018 - 07:16 GMT

Saudi, Russia Agreement to Extend Overseeing Oil Market Gives a Push for Prices

A number of foreign banks which used to write letters to Iran a few days ago saying it would be impossible for them to continue cooperation with Iran due to sanctions are now saying that they want to resume cooperation with Tehran in the face of US sanctions. (Shutterstock)
December 3rd, 2018 - 07:12 GMT

Will European Banks Ditch US Sanctions Altogether and Deal With Iran Directly?

Ghosn, ex-chairman of Nissan Motor Co., was detained last month on allegations of underreporting his income, and Friday, a Japanese court approved extending his detention for 10 more days. (File/Photo)
December 3rd, 2018 - 07:00 GMT

This Is Why Carlos Ghosn Will Always Be Lebanon's Phoenix

There is a stable outlook for Abu Dhabi’s economy, with growth set to “steadily recover” to hit 3 percent in 2021, according to an S&P Global Ratings report. (Shutterstock)
December 3rd, 2018 - 06:52 GMT

Abu Dhabi Economic Growth Stable, With Prospects of Improvement

How to Keep Your Children’s UAE Visa Valid While Working Abroad. (Shutterstock)
December 3rd, 2018 - 06:39 GMT

How to Keep Your Children’s UAE Visa Valid While Working Abroad

more than 1,686,891 illegal expatriates were arrested for violating residency laws. (Shutterstock)
December 2nd, 2018 - 09:33 GMT

Saudi Deports 564,800 Illegal Expats in One Year

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