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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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Electrical interconnection lines between Egypt and Saudi Arabia are scheduled to begin operation in the beginning of 2021, with a capacity of 3,000 MW. (Shutterstock)
November 29th, 2018 - 04:39 GMT

Saudi Invests $ 2 Billion in Egypt's New Power Plant

Al-Saraj said that Saudi Vision 2030 was motivating students, encouraging them to create their own businesses. (Shutterstock)
November 29th, 2018 - 04:33 GMT

Saudi Banks on Its Students to Transform Its Economy

“The enrichment of the Hajj and Umrah experience with historic and entertainment sites is an important goal that we seek to achieve through the unique efforts of entrepreneurs.” (Shutterstock)
November 29th, 2018 - 04:22 GMT

Saudi Encourages Entrepreneurs and Private Sector to Contribute to Hajj and Umrah Services

Jordan relies on Egyptian gas for 80% of its electricity generation, with the other 20% largely imported from Saudi Arabia and Iraq. (Shutterstock)
November 28th, 2018 - 06:52 GMT

Egypt-Jordan Gas Supply to Continue in January

The projects, implemented in cooperation with churches and Caritas Jordan, include contributing to the construction of a Latin church at the Baptism Site. (Shutterstock)
November 28th, 2018 - 06:47 GMT

Hungary Provides Jordan With $ 1.3 Million in Aid for Community Projects

Miguel Arias Canete (R), Commissioner of the European Commission in charge of Climate Action and Energy, and Vice-President of the Islamic Republic of Iran and Head of the Atomic Energy Organisation of Iran (AEOI), Ali Akbar Salehi shake hands during a joint press point in Brussels on November 26, 2018. AFP
November 28th, 2018 - 06:27 GMT

Iran Pleads With EU to Set SPV Deadline

Additionally Sabic has signed a Non-binding Memorandum of Understanding (MoU) with its subsidiary Safco (Saudi Arabian Fertiliser Company), to facilitate the integration of the newly formed company – Sabic Agri-nutrient Investments – with Safco, subject to regulatory and shareholder approval. (AFP)
November 28th, 2018 - 06:06 GMT

Sabic Consolidates All Its Agri-Nutrient Assets

White House advisor Jared Kushner, pictured in Saudi capital Riyadh in 2017, said the adminstration of President Donald Trump was in the "fact-finding phase" of the probe into the murder of journalist Jamal Khashoggi (AFP Photo/MANDEL NGAN)
November 28th, 2018 - 06:01 GMT

Kushner Applied Pressure on Saudi to Expand Arms Deal

External debt is compounded by rising domestic debt, which reached 3.4 trillion Egyptian pounds ($190 billion) as of the end of 2017, a 12 percent increase compared to the previous year. (Shutterstock)
November 28th, 2018 - 05:55 GMT

Will Sisi's New Austerity Measures Fix Egypt's Debt?

The Decision stated that the Marking Tobacco and Tobacco Products Scheme will go into effect as of January 1, 2019.
November 27th, 2018 - 12:30 GMT

H.H. Hamdan Bin Rashid Issues Decision to Implement ‘Marking Tobacco and Tobacco Products Scheme’ From January

H.E. Abdulla Al Darmaki, CEO of Khalifa Fund for Enterprise Development
November 27th, 2018 - 12:24 GMT

Khalifa Fund Organises Discussion Session on Export in Collaboration With Dubai Exports

Iranian Vice-President and Head of the Atomic Energy Organization of Iran (AEOI) Ali Akbar Salehi. (AFP)
November 27th, 2018 - 08:34 GMT

With Mounting US Pressure, Will Iran and EU Reach a Resolution on JCPOA?

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