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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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Sources say it would take at least three years for enough private hospitals to open in the country for expats to be barred for public facilities. (Shutterstock)
March 19th, 2017 - 08:00 GMT

Kuwait's lawmakers put the squeeze on expat healthcare

The Department of Economic Development
March 19th, 2017 - 06:20 GMT

DED marks 25 years of promoting diversification and supporting sustainable growth

Government employees and public and private school teachers have routinely protested for increased benefits and full employment. (File photo)
March 16th, 2017 - 03:00 GMT

Lebanon considers salary hikes for teachers, government employees

Low prices of soft drinks and junk food have been blamed for rising rates of diabetes and obesity across the Gulf region.  (Shutterstock/Dmitrydesign)
March 16th, 2017 - 02:00 GMT

Will the UAE's sweet drinks and tobacco tax curb consumption?

The agreements between Saudi Arabia and China will cover a variety of issues, ranging from energy to space technology. (AFP/Lintao Zhang)
March 16th, 2017 - 12:53 GMT

King Salman visits China, signs deals worth $65B

US and Saudi officials intend to consult on additional steps to deepen commercial ties and promote investment, and to expand cooperation in the energy sector. (AFP/Nicholas Kamm)
March 16th, 2017 - 07:00 GMT

Saudi Deputy Crown Prince, Trump discuss $200B joint investment program

The UAE will join the club of nearly 150 nations by implementing a 5 percent VAT in the country from January 1, 2018. (File photo)
March 16th, 2017 - 05:00 GMT

Will electricity, phone bills in UAE also be taxed under VAT?

Lebanon has over 60 small, medium and large insurance companies and some experts believe that this number of firms is too big for a small country. (Shutterstock)
March 15th, 2017 - 01:00 GMT

Lebanon finalizes plan to encourage insurance company mergers

Global experience has shown that VAT training and education is fundamental to ensuring successful VAT implementation. (Shutterstock)
March 15th, 2017 - 12:00 GMT

GCC firms underprepared for VAT introduction: EY

Research indicates that the easiest way to increase the economic complexity of the country’s export basket would be through giving foreign companies with new expertise a chance to produce new goods in the country. (Shutterstock)
March 15th, 2017 - 10:00 GMT

Diversification of Jordan's industrial exports key to competitiveness: Report

Lebanon's budget plan has been stalled for 12 years due to conflicts between the rival political parties. (AFP/ File)
March 14th, 2017 - 01:00 GMT

Lebanon aims to endorse first state budget in 12 years

Al-Rajhi Capital analysts said the government has identified VAT, an expat levy, a municipal fee, an excise tax on harmful products and luxury tariffs as major avenues for generating non-oil revenue. (Shutterstock)
March 14th, 2017 - 11:00 GMT

Saudi Arabia's budget surplus achievable by 2019 with fiscal discipline: Al-Rajhi Capital

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