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Economy and Policy

Economy and Policy latest

DP World and Arcapita’s Lintara Break Ground on 20,000 Sqm Logistics Centre in Jafza
June 30th, 2026 - 07:44 GMT

DP World and Arcapita’s Lintara Break Ground on 20,000 Sqm Logistics Centre in Jafza

DP World and Lintara Properties, the real estate development platform of Arcapita Group Holdings Limited ("Arcapita"), have broken ground on a new 20,000 square metre build-to-suit logistics centre in Jebel Ali Free Zone (Jafza). The Grade A facility is being developed by Lintara Properties and will be operated by DP World as part of its integrated, end-to-end supply chain network in the region. Construction is expected to conclude in Q1 2027. The new facility will feature approximately 12-metre clear height storage, temperature-controlled areas, dedicated dangerous goods storage, supporting office space ...
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A sharp surge in basic and non-basic commodity prices began right after the flotation of the Egyptian pound in November. (File photo)
May 11th, 2017 - 11:12 GMT

Egypt's Inflation at Record-High Levels and Pound Flotation Is Only Making Things Worse

The program, in coordination with the Ministry of Community Development, will enable Dubai Customs employees better communicate with hard of hearing clients and employees.
May 11th, 2017 - 08:56 GMT

Dubai Customs launches a sign language training program

The Emir of Kuwait Sheikh Sabah Al-Ahmed Al-Jaber Al-Sabah and Turkish President Recep Tayyip Erdogan lay the foundation stone for construction of the new terminal at Kuwait International Airport in Kuwait City on May 9, 2017. (AFP)
May 10th, 2017 - 07:00 GMT

Erdogan in GCC: Turkey Wants Stronger Economic Ties With Gulf Countries

The World Bank confirmed that the third tranche of its loan to Egypt, worth about one billion dollars, is due in December 2017. (AFP/ Filippo Monteforte)
May 10th, 2017 - 06:00 GMT

Forever Indebted: Egypt Will Take Another $1-Billion Loan from World Bank in December

Last year, a jobless Saudi dentist filmed himself burning his dentistry certificate outside the Civil Service Ministry building in Hafr Al-Batin city because he could not find a job. (Twitter)
May 10th, 2017 - 12:00 GMT

Saudization Update: Saudi Arabia No Longer Recruiting Dentists From Abroad

Only 43 percent of Emiratis are resolutely looking at job opportunities in the public sector, which is a significant change from last year’s survey results that recorded an 80 percent preference of UAE nationals for government jobs. (AFP/ Karim Sahib)
May 10th, 2017 - 11:00 GMT

Surprise, Surprise: 60 Percent of Emiratis Prefer to Work in Private Sector

Lebanese Economy Minister Raed Khoury (third from left) called upon Lebanese expatriates to grab the opportunity of investing in Lebanon at a session held within the framework of the fourth annual “Lebanese Diaspora Energy Conference” at BIEL. (Twitter)
May 10th, 2017 - 09:30 GMT

Lebanon's Economy Minister Urges Lebanese Expats to Invest in Their Country

Qatar’s real economic growth is expected to rise to 2.6% this year and further to 3.6% in 2018, even as inflation is expected to harden by 2018 in view of the value added tax (VAT) roll-out. (Shutterstock)
May 10th, 2017 - 08:50 GMT

Qatar's Real GDP Growth to Reach 3.6% in 2018 Despite VAT: Report

The growth was led by an increase in construction, followed by wholesale and retail, and travel and tourism. (Pexels)
May 10th, 2017 - 08:12 GMT

Led by Construction, Dubai’s Private Sector Records Strongest Growth in 26 Months

Tunisian demonstrators block the road with burning tires in the central city of Kasserine during protests, on 21 January, 2016, triggered by the death of an unemployed man. (AFP/ Mohamed Khalil)
May 9th, 2017 - 07:02 GMT

Tunisia Lost $17.8 Billion in Foreign Currency Between 2006-2016: Report

Speaking at a business forum in Berlin, Germany’s Chancellor said that preparing for the G20 summit was like ‘herding cats’ as officials attempt to reach a consensus among the group. (AFP/ E. Dunand)
May 9th, 2017 - 04:00 GMT

Germany's Angela Merkel Warns Against Protectionism Ahead of G20 Summit

Lebanese MP Samy Gemayel waves to the crowd as his father, former president Amine Gemayel, stands behind him during celebrations by supporters of his party in the mountain resort of Bikfaya on June 8, 2009. (AFP/Joseph Barrak)
May 9th, 2017 - 02:01 GMT

Lebanese MP Calls New Electricity Plan a 'Suspicious Deal'

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