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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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This was the first time that Oman had issued a 30 year maturity period bond, which accounted for $2 billion of the funds raised. (File photo)
March 6th, 2017 - 04:59 GMT

Oman's $5B bond sale 'a global vote of confidence': Finance Minister

The Dubai Airport Freezone Authority
March 5th, 2017 - 12:36 GMT

DAFZA achieves 16% net profit growth in 2016

The German offer came during a visit to Egypt by German Chancellor Angela Merkel. (AFP/Khaled Desouki)
March 5th, 2017 - 12:00 GMT

Germany grants Egypt $500M for economic development and SME support

Headquarters of the IDB in Jeddah, Saudi Arabia.  (File photo)
March 5th, 2017 - 09:00 GMT

Islamic Development Bank charts three-year plan for Arab-African trade

Ahmed Mahboob Musabih meeting Saudi delegation
March 5th, 2017 - 06:42 GMT

Dubai Customs and Saudi counterpart discuss cooperation and future perspectives

Insurance penetration (the ratio of insurance premiums to GDP) is below 2 per cent in all but two of the six GCC countries. (Shutterstock)
March 2nd, 2017 - 12:00 GMT

Low oil prices a headwind for GCC insurance market: Moody's

Lebanese exports have declined due to high production costs in the country.  (Shutterstock/ Robert Kneschke)
March 2nd, 2017 - 10:00 GMT

Lebanon's minister sounds warning over 'total collapse' of industrial and trading sectors

BofA Merrill Lynch expect the fiscal deficit to narrow this year on higher oil prices, but hover around 2015 levels. (File Photo)
March 2nd, 2017 - 06:00 GMT

Oman deficit will require external financing: BoA Merrill Lynch

Jakarta and Riyadh also inked an agreement that builds on an existing $6 billion deal between state-owned energy firms Aramco and Pertamina to expand an Indonesian oil refinery.  (AFP/Achmad Ibrahim)
March 2nd, 2017 - 06:00 GMT

Saudi Arabia to grant Indonesia $1B for economic development

Egypt signed a second $1 billion tranche loan agreement with the director of the World Bank in Cairo in late December part of a $3 billion loan package to support Egypt’s economic reform programme. (AFP/File)
March 2nd, 2017 - 05:00 GMT

World Bank delegation to Egypt to follow up reforms progress

Malaysia's Prime Minister Najib Razak (R) talks with Saudi Arabia's King Sultan Salman bin Abdulaziz al-Saud in Putrajaya, outside Kuala Lumpur.  (AFP/Mohammed Rasfan)
March 1st, 2017 - 11:00 GMT

Saudi Arabia, Malaysia ink deals worth $2B across various sectors

Saudi Arabia is expected to increase its domestic gasoline prices by 30 per cent from July, but still has the cheapest gasoline prices in the world. (File photo)
March 1st, 2017 - 06:00 GMT

Saudi Arabia takes aim at budget deficit with fuel price hike, fiscal reform

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