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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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Traders and retailers are unable to compensate for the high taxes with purchasing power, as taxes increase and sales decrease, says a spokesman for the Garment Traders Association.  (Shutterstock)
January 16th, 2017 - 11:00 GMT

Jordan's garments industry stripped down due to purchasing paralysis

El-Garhy confirmed that the programme also includes lifting fuel subsidies entirely in a period of 3-5 years. (AFP/File)
January 16th, 2017 - 07:00 GMT

Egypt's IMF loan details revealed: Finance Minister

On individual criteria, Jordan stayed in 3rd place for size of government, rising from 8th to 7th for legal structure and property rights, and ranking 2nd in terms of access to sound money.  (Shutterstock)
January 16th, 2017 - 05:51 GMT

UAE, Jordan top of list for economic freedom in Arab world

A technical delegation from the IMF will be visiting Cairo this week in order to keep an eye on the implementation of the economic reform programme. (AFP/Saul Loeb)
January 15th, 2017 - 07:00 GMT

Details of $12B IMF loan to Egypt to be published this week

Omar Bushahab, CEO of BRL sector
January 15th, 2017 - 06:14 GMT

DED issues record licenses in 2016 as improved ease of business promotes investment and expansion

The World Bank estimates global growth will pick up to 2.9 per cent next year, also down 0.1 per cent from its June call. (AFP/File)
January 12th, 2017 - 12:00 GMT

GCC's economic recovery will be slightly slower than expected: World Bank

The Saudi government recently indicated that it will be implemented in the first quarter of 2018, against an earlier intention to adopt VAT by January 1, 2018. (Shutterstock)
January 12th, 2017 - 11:00 GMT

Lack of legislation risks delay of GCC VAT implementation

Economic activity in the oil and gas sector was weak across most of the GCC last year. (AFP/File)
January 12th, 2017 - 06:00 GMT

Weaker GCC economy threatens credit ratings: S&P

Urban consumer inflation hit an eight-year high of 19.4 percent in November, when Egypt abandoned its currency peg of 8.8 to the dollar.  (Shutterstock)
January 11th, 2017 - 10:00 GMT

Egypt: Inflation reaches second eight-year high as pound continues to plummet

During the event
January 11th, 2017 - 06:23 GMT

DP World reaffirms commitment to India’s growth at global CEO roundtable chaired by Prime Minister Modi

Lebanese President Michel Aoun's visit to Riyadh aims to restore ties. (Saudi Press Agency)
January 11th, 2017 - 06:00 GMT

Lebanon, Saudi to finalize agreement to prevent double taxation

The key drivers to bond issuances in the GCC during 2016, which more than doubled to $66.5 billion, were primarily the sovereign bond issuances by Saudi Arabia, UAE and Qatar. (Shutterstock)
January 9th, 2017 - 12:00 GMT

Diving deeper: Gulf debt issuance to surge in 2017

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