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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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Al Bawaba
January 9th, 2017 - 11:00 GMT

Jordan: Trade volume under Agadir agreement has decreased since 2011

On Nov. 3, the central bank floated the pound without covering the import backlog, leaving businesses millions of pounds in debt.  (File photo)
January 8th, 2017 - 11:00 GMT

Egypt's currency devaluation leaves importers on the brink of bankruptcy

New taxes will be added to the existing ones, which are 100 percent on tobacco and alcohol, and that the total taxation on such products will become 200 per cent. (Pixabay)
January 8th, 2017 - 09:00 GMT

Price hike alert: GCC gears up for higher taxes on tobacco, soft drinks, luxury cars

Fitch said that the government is planning to meet two-thirds of its financing need through external debt issuance, and the remainder through reserve draw-downs. (File photo)
January 5th, 2017 - 10:00 GMT

Oman: Fitch forecasts growth as it maintains 'stable' outlook rating

Until now, Egypt has had no specific law on bankruptcy, meaning failed companies have had to go to court on a case-by-case basis. (Shutterstock/Orhan Cam)
January 5th, 2017 - 05:46 GMT

Egypt introduces bankruptcy law to jump-start economy

The Food Bank’s operations will begin in Dubai and will then expand to underdeveloped communities in the region and around the world.  (WAM)
January 4th, 2017 - 10:00 GMT

UAE's new Food Bank aims for zero food wastage and help for the needy

2016 has witnessed the lowest traded price of Oman oil, where the price dropped to less than $24 in January.  (Shutterstock)
January 2nd, 2017 - 06:01 GMT

Oman's 2017 budget tackles cheap oil with austerity measures, privatization

A number of Egyptian investors took out a full-page newspaper advertisement calling on President Sisi to take "emergency measures" to save Egyptian companies. (File photo)
December 29th, 2016 - 07:30 GMT

Staving off bankruptcy: Egypt's central bank approves forex debt arrangement for local companies

During the event
December 28th, 2016 - 04:40 GMT

Dubai Customs launches new enhancements at DXB Airport, Terminal 2

After two years of back to back spending decline due to lower oil prices, the spending for 2017 is budgeted to rise eight percent in 2017. (File photo)
December 27th, 2016 - 12:00 GMT

Saudi stocks jump 100 points on release of 2017 budget

The six sectors that the Strategy will focus on include aerospace, maritime, pharmaceuticals and medical equipment, aluminium and fabricated metals, food and beverages, and machinery and equipment. (File photo)
December 27th, 2016 - 11:00 GMT

Dubai Industrial Strategy 2030: Sheikh Hamdan issues directives to boost implementation

The government was supposed to re-impose the Capital Gains Tax next year, but in November it further postponed it to additional three years. (File photo)
December 27th, 2016 - 10:00 GMT

Egypt: Mismanaged implementation of capital gains tax results in $188M of lost revenue

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