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Economy and Policy

Economy and Policy latest

A Vision That Builds Safety — Dubai Customs Cements Its Global Leadership in Combating Drugs
June 28th, 2026 - 04:46 GMT

A Vision That Builds Safety — Dubai Customs Cements Its Global Leadership in Combating Drugs

As the world marks June 26 — the International Day Against Drug Abuse and Illicit Trafficking — Dubai stands out not merely as a participant in the global conversation, but as a model for how it should be won. Drugs are no longer just a security threat. They are an economic burden, a public health crisis, and a social epidemic that crosses borders, targets youth, tears families apart, and feeds organized crime networks. Dubai Customs has made confronting this threat a strategic priority — not as a reactive measure, but ...
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The All Shares Index, after a firm start, fell 4.68 points to 5,134.88 points. (Shutterstock)
September 17th, 2018 - 07:41 GMT

Kuwait Stocks Sag, Amidst Unstable Market

In the report issued by the United Nations Development Program (UNDP), Oman has progressed four places, to be ranked 48th worldwide from its last year’s position of 52.
September 17th, 2018 - 06:18 GMT

Human Development Index 2018 Ranks Oman 5th in Arab World

Traditional Islamic scholarship raised objections to the basic concept of the industry, arguing that it contained elements of risk, gambling and usury that made it incompatible with the teachings of the Qur’an.
September 17th, 2018 - 05:58 GMT

How Saudi Found "Forbidden" Love in the $10 Billion Risk Business

EU powers are in talks over launching a payments channel that would enable European companies to trade with Iran. (Shutterstock)
September 16th, 2018 - 08:09 GMT

EU to Launch Finance Tool to Dodge US Sanctions on Iran

In the past month, 1.8 billion euro has been paid for importing basic goods including oil, meat, rice, medical equipment. (Shutterstock)
September 16th, 2018 - 07:57 GMT

Importing Basic Goods Cost Iran €3.2 Billion

The private sector has urged the government to suspend or even cancel the lump sum tax because most businesses are not generating enough revenues to make ends meet. (Shutterstock)
September 16th, 2018 - 07:45 GMT

Lebanon Yields to Private Sector and Suspends Fixed Tax

As foreigners leave, services and real estate sectors slow. (AFP)
September 16th, 2018 - 07:39 GMT

Report: Kuwaitization Might Be Constraining the Economy

Qatar and Spain have agreed to establish an institutional framework for co-operation to achieve common objectives. (Shutterstock)
September 16th, 2018 - 07:28 GMT

Qatar, Spain to Increase Bilateral Investments

According to the International Monetary Fund, the rate of real (inflation-adjusted) world GDP growth averaged 3.7 percent in 2000-2010. (Shutterstock)
September 16th, 2018 - 06:50 GMT

Is the Global Economy Recovering Since 2008 Crisis?

The UAE passport has moved up the ranks again among the most powerful in the world. (Shutterstock)
September 16th, 2018 - 06:30 GMT

UAE Passport 9th Most Powerful in the World

The ministry is seeking to boost trade and investment cooperation with other African countries. (Shutterstock)
September 13th, 2018 - 10:26 GMT

African Export-Import Bank Allocates $2 Billion to Egypt's Financing Programs

IranAir signed a contract worth over $400 million with the Franco-Italian aircraft manufacturer in 2017 for the delivery of 20 ATR 72-600s. (Shutterstock)
September 13th, 2018 - 10:01 GMT

IranAir to Sue ATR Over Breaching $400 Million Deal Under US Sanctions

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