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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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Indian economy is expected to attract large-scale investment from the GCC to India. (Shutterstock)
September 11th, 2018 - 07:21 GMT

India’s Booming Economy Fuels GCC Investment Appetite

The Omanization drive is part of a government’s push to recruit more of its citizens. (Shutterstock)
September 11th, 2018 - 06:50 GMT

More Than 27,000 Illegal Expats Detained in Oman in 2017

The UAE maritime industry has been seeking exemption from VAT in line with the global practice as many countries relieved the industry from the taxation. (Shutterstock)
September 11th, 2018 - 06:46 GMT

After Gold, UAE Mulls This Sector for VAT Exemption

The scheme has been launched in one emirate, and will be rolled out across the country soon. (Shutterstock)
September 11th, 2018 - 06:36 GMT

UAE Rolls out New Private Sector Jobs System

Bitcoin, the first and most popular cryptocurrency, lost about 15% of its value last week. (Shutterstock)
September 10th, 2018 - 08:27 GMT

Despite Losses, Cryptocurrencies Gain Ground in Asia

Iran’s imports of the U.S. in July reached $35.7 million. (Shutterstock)
September 10th, 2018 - 08:14 GMT

US - Iran Trade Reaches $60.7 Million in July Despite Sanctions

Business activity increased once again in Dubai’s non-oil private sector. (Shutterstock)
September 10th, 2018 - 07:36 GMT

Dubai Non-Oil Private Sector Economy Sees Slow Improvement Over Four Months

There were a total of 241,076 employees working in the wholesale business involving 36,379 establishments by the first quarter of 2018.
September 10th, 2018 - 06:55 GMT

Report: Expats Occupy More Than 70 Percent of Jobs in Wholesale Sector

Saudi companies are more optimistic about revenue growth than they were last year. (Shutterstock)
September 10th, 2018 - 06:40 GMT

Survey: Ernst & Young Predicts 10 Percent Growth for Saudi Companies

The new licenses need to obtain a 'No Objection Certificate' for the first year. (Shutterstock)
September 10th, 2018 - 06:31 GMT

Abu Dhabi New Guidelines to Facilitate Economic Licenses

Gold bonds and lease certificates will be issued to individual investors. (File/ Photo)
September 9th, 2018 - 09:00 GMT

Turkish Treasury to Issue New Gold-Based Securities

Iran has discussed trade in national currencies with Russia and Turkey in order to reduce the impact of U.S. dollar on the three countries’ trade and economies. (Shutterstock)
September 9th, 2018 - 08:58 GMT

Iran, Russia, Turkey to Ditch US Dollar in Trade

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