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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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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

Seamen and boat commanders at Dubai Creek
March 14th, 2017 - 10:30 GMT

Dubai Customs welcomes 1,000 seamen and boat commanders to “Sufrat Al Khair (Feast of Giving)

Al Othman urged attendees to adopt the highest international standards of corporate governance, to help move the region from frontier markets to emerging markets to developed markets. (Twitter/GCC BDI)
March 14th, 2017 - 08:00 GMT

Arab Regulators Conference: Regional firms slow to adopt global corporate government standards

Saudi Arabia is Japan’s largest oil supplier, with about one-third of all oil imports in 2015 coming from the Kingdom.  (AFP/Shizuo Kambayashi)
March 14th, 2017 - 07:00 GMT

Saudi, Japan mull Aramco listing on Tokyo Stock Exchange

Starbucks operates nearly 600 stores in 12 countries in the Middle East and North Africa. (File photo)
March 13th, 2017 - 06:59 GMT

Has the #BoycottStarbucks anti-refugee campaign succeeded in hurting the coffee giant?

The Central Bank of Egypt increased interest rates to curtail inflation, but it has not been effective at reducing price hikes. (File photo)
March 13th, 2017 - 01:12 GMT

Egypt's inflation remains high despite higher interest rates

The Dubai Financial Services Authority
March 13th, 2017 - 12:04 GMT

DFSA hosts Annual Audit Outreach

Lebanon has not ratified a state budget since 2005 due to political bickering between rivals, leading to uncontrolled extra-budgetary spending in the billions of dollars.  (Shutterstock)
March 13th, 2017 - 12:00 GMT

Crunch time for Lebanon's 2017 budget, controversial salary hike bill

The assisted sectors include  business and SMEs development; innovation and technological transfer; fight against poverty and social inclusion and environmental sustainability. (AFP/File)
March 13th, 2017 - 11:00 GMT

Jordan secures EU finance for socioeconomic and environmental programs

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