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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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Interestingly, Iran led the slump in demand for gold jewelry in the region with a 35% drop to 6.6 tonnes in the second quarter. (Shutterstock)
November 21st, 2018 - 05:25 GMT

Iran Turns to Gold to Stave off US Sanctions Effect on Economy

The UAE is among world's top 20 largest exporters of steel to the US, exporting around 0.29 million metric tonnes annually. (Shutterstock)
November 21st, 2018 - 05:19 GMT

Could the Dh 90 Billion Bilateral Trade Between US and UAE Help Write off Steel and Aluminum Tariffs?

Other designated entities include Iran-based Tadbir Kish Medical and Pharmaceutical Company and the Moscow-based Mir Business Bank. (Shutterstock)
November 21st, 2018 - 05:14 GMT

US Launches Sanctions on Iranian and Russian Oil Shippers to Syria

During the event
November 20th, 2018 - 11:25 GMT

Dubai Customs’ Smart Innovator Platform recognized by (GInI)

Mohammed Ali Rashid Lootah, CEO of CCCP
November 20th, 2018 - 10:33 GMT

‘Dubai Economy Accelerators’ Unveils Two Challenges to Boost Retail and Construction Sectors

The industry last year generated $25 million in cinema ticket sales, ACC estimates, and with earnings hard to come by, filmmakers tend to stick to popular genres such comedy and action. (Shutterstock)
November 20th, 2018 - 07:21 GMT

When Will Investors Realise the Financial Benefits of Investing in Arab Filmmakers?

The Bahraini delegation met with Vice Mayor of Shenzhen, Ai Xuefeng, and a number of local government officials and business leaders at the Bahrain – Shenzhen Business Forum and the China High-Tech Fair. (Shutterstock)
November 20th, 2018 - 07:16 GMT

Bahrain Joins China's Bandwagon With 8 Landmark MoUs

"[We have] decided that Germany should impose an entry ban on 18 Saudi citizens, who are presumed to be in connection with this deed, in the Schengen information system," Maas told reporters. (Shutterstock)
November 20th, 2018 - 07:02 GMT

Germany Applies Sanctions on 18 Saudis Over Khashoggi Murder

Urging that details of the murder of Saudi journalist must be revealed, Le Drian said the culprits should be unmasked. (Shutterstock)
November 20th, 2018 - 06:58 GMT

France Launches Sanctions on Saudi Arabia Over Khashoggi Murder

“We hope Europe will deliver on what it had promised. This is an internal issue of Europe and we still hope these three European countries will show their true power and find their rightful place,” Foreign Ministry spokesman Bahram Qassemi said at a press conference on Monday. (AFP/File)
November 20th, 2018 - 06:53 GMT

Iran Not Happy With Slow Progress of EU's SPV Implementation

SirajPower’s first purpose was to address the commercial industrial market in Dubai following the strong political will and the new regulatory framework that emerged.
November 20th, 2018 - 06:51 GMT

DP World Partners With UAE’s SirajPower to Contribute to Nation’s Green Strategy

Eager to save a 2015 nuclear accord with Iran from which the United States has withdrawn, the EU has focused its efforts in trying to keep trade flowing with Iran in the face of renewed US sanctions, in order to keep Tehran from pulling out. (Shutterstock)
November 20th, 2018 - 06:48 GMT

EU Mulls Imposing Sanctions on Iran Over Botched France Attack Plot

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