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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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The World Economic Forum's report showed that geopolitical instability is undermining economic progress in the entire region. (Shutterstock)
September 29th, 2016 - 08:00 GMT

WEF's Global Competitiveness Report 2016: UAE, Qatar, Saudi Arabia in the top 30

During the event
September 29th, 2016 - 03:54 GMT

Abu Dhabi Ports announces concession agreement with COSCO SHIPPING Ports Limited

As part of the Programme, an increasing number of Syrians will receive work permits to be able to access formal jobs and decent labour conditions.  (File photo)
September 28th, 2016 - 12:00 GMT

World Bank green-lights $300M loan for Jordan

The grant will be directed to improve the health and municipal affairs sectors in host communities, under the 2016-2018 Jordan Response Plan. (UNICEF)
September 28th, 2016 - 07:00 GMT

Jordan receives $20M Kuwaiti Fund grant for refugees, host communities

Egypt also decided to scrap the process of sending a team of six government officials to the port where the wheat was being shipped from. (Shutterstock)
September 28th, 2016 - 04:28 GMT

Egypt outsources wheat inspections to Swiss company, angering traders

The royal decree included a 20 percent reduction in ministers' salaries and a 15 percent reduction of salaries for Shoura Council members. (File photo)
September 28th, 2016 - 04:19 GMT

Saudi Arabia's stocks dip on news of austerity cuts

Egyptian agricultural products exported to Russia are estimated at $350 million annually. (USAID)
September 27th, 2016 - 10:30 GMT

Russia removes ban on imports of Egyptian fruits and vegetables

Apple farmers briefly cut off the highway from Jbeil towards Beirut and dumped their apples on the street in protest of alleged barriers to selling their products. (Panoramio)
September 27th, 2016 - 07:00 GMT

Them apples: Lebanon to regulate produce imports to protect local market

The royal decree also includes a 15 percent reduction in benefits toward a car and housing for Shoura members. (File photo)
September 27th, 2016 - 04:41 GMT

Saudi ministers' pay and perks cut as part of new austerity measures

Saudi Arabia suffered a deficit of $98 billion in 2015, while the projected shortage this year is $87 billion. (Shutterstock/Andrew V Marcus)
September 25th, 2016 - 11:30 GMT

No end in sight for the new norm of GCC budget deficits

An ECESR economist argues that the same economic structural problems persist, and the IMF adopts more or less the same approach towards countries as it did back in 1991.   (AFP/File)
September 25th, 2016 - 08:30 GMT

History repeats itself: Amid mounting loans, does Egypt have an economic vision?

An increase in the risks related to the country’s considerable external debt and the weakening in previously supportive credit fundamentals were the main factors for the rating cut. (File photo)
September 25th, 2016 - 06:30 GMT

Turkey's credit rating downgraded to junk status in coup aftermath

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