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Economy and Policy

Economy and Policy latest

Dubai Customs forges stronger partnership with senior New Zealand officials
February 8th, 2026 - 07:42 GMT

Dubai Customs forges stronger partnership with senior New Zealand officials

Dubai Customs welcomed an official delegation from New Zealand led by Christine Stevenson, Chief Executive Comptroller; Chair of the Border Executive Board, in a visit aimed at deepening bilateral ties and supporting Dubai’s long-term strategic vision. The delegation was received by His Excellency Dr. Abdulla Busenad, Director General of Dubai Customs. The meeting underscored both sides’ shared commitment to expanding international partnerships that reinforce Dubai’s position as a leading global hub for trade and logistics. Talks focused on opportunities for closer collaboration in customs operations, including future partnerships to modernize ...
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The initiative by Dubai Customs will provide 17 minors with career guidance to help them choose their best academic and career path.
January 2nd, 2018 - 09:39 GMT

Dubai Customs Commences Year of Zayed With 'A Touch of Giving' Initiative

Gaurang Desai, CEO of DGCX
January 2nd, 2018 - 09:32 GMT

DGCX Closes 2017 with Numerous Achievements

Inflation in Saudi Arabia is likely to rise in coming months on the back of the hike in electricity prices, fuel prices and implementation of a VAT regime. (AFP)
January 2nd, 2018 - 09:00 GMT

Inflation to Rise in Saudi Arabia With VAT, New Fuel Prices

The introduction of a VAT regime in the UAE marks the beginning of a new era for the UAE economy where the general public will start sharing the burden of budgetary expenditure. (AFP)
January 2nd, 2018 - 08:00 GMT

VAT Begins in UAE: How Will It Affect Purchasing Power?

Iran and Russia are finalizing an agreement between their central banks to overcome financial sanctions by the US. (AFP)
January 1st, 2018 - 09:37 GMT

Iran, Russia Finalizing Deal to Integrate Their Banking Systems

From the year’s biggest IPOs to Saudi Arabia’s new dependent fee and the Qatar crisis, here’s a roundup of some of the most significant business stories of 2017. (AFP)
December 31st, 2017 - 05:28 GMT

2017 Year in Review: Al Bawaba’s Top 10 Business Stories

Qatar’s trade surplus expanded to QR12.8 billion in November, a 32 percent jump from a year ago. (Shutterstock)
December 31st, 2017 - 10:00 GMT

Qatar’s Trade Surplus Up 32 Percent in 2017, Despite Blockade

Saudi Arabia has announced that it is working on a mechanism to return the value-added tax (VAT) to tourists in 2018. (Shutterstock)
December 31st, 2017 - 09:00 GMT

Tourists to Get Refund on VAT Paid in Saudi Arabia

Public transportation in the UAE under the Executive Regulations Article 45 are exempt. (File photo)
December 28th, 2017 - 10:00 GMT

No VAT on Dubai Metro, Taxis in UAE

The agreement was signed at Dar Al Ber main office by Khalil Saqer bin Gharib, Director of Corporate Communication Department and Hisham Ali Al Hashimi, Deputy Executive Director of Dar Al Ber Society.
December 28th, 2017 - 09:59 GMT

Dubai Customs Concludes Year of Giving Building a Mosque in Niger

Qatar facilitated faster customs procedures in 2017, which in turn helped diversify the sources of direct imports to the country. (File photo)
December 28th, 2017 - 09:00 GMT

Qatar Finds New Suppliers of Strategic Goods in 2017: Official

The skills in highest demand in 2018, which are likely to see an increase salary wise, are VAT expertise and digital. (File photo)
December 28th, 2017 - 08:00 GMT

Will Your Pay Hike Beat VAT in UAE?

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