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Economy and Policy

Economy and Policy latest

Trump and Carney
July 21st, 2026 - 11:33 GMT
P. Choiaqo

P. Choiaqo

Trump hits Canada with 50% tariff

ALBAWABA - The Tariff President, Donald Trump, continues to impose tariffs on friends and enemies alike, the latest being Canada with a hefty tariff of 50 percent. The move comes in response to Trump’s perceived ‘unequal treatment’ of U.S. cars, dairy, and alcohol by Canada; tariff targets ranged from everyday goods such as wine and hockey sticks to industrial goods like cement. "This is the latest in a series of ...
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Arif Naqvi, the embattled founder of Dubai-based Abraaj Group, will not return to the UAE while there is the threat of imprisonment hanging over him. (AFP)
June 28th, 2018 - 11:43 GMT

Abraaj’s Naqvi Will Not Return to UAE Until Arrest Warrant Is Lifted

A Qatar Airways Boeing 777-300 is moved on the Tarmac of Le Bourget airport on June 18, 2017. (AFP)
June 28th, 2018 - 09:14 GMT

UAE, Saudi Arabia, Bahrain and Egypt File Complaint Against Qatar at UN Highest Court

Crypto prices were under pressure in recent weeks, with Bitcoin falling 70% from its December high just short of $20,000. (Pixabay)
June 28th, 2018 - 08:06 GMT

Bitcoin Edges Higher; Hong Kong’s SFC to Keep an Eye on Crypto

The project is part of 10X initiatives of Dubai Aviation Engineering Projects (DAEP). (Shutterstock)
June 28th, 2018 - 07:54 GMT

World's First Multi-Mode Super Port in Dubai

There is a growing awareness about GDPR across the UAE. (Shutterstock)
June 28th, 2018 - 07:47 GMT

UAE Businesses Must Secure Data or Risk €20 Million Fine

Fake Currency Seized From a Syrian Expat in Kuwait. (Pixabay)
June 28th, 2018 - 07:35 GMT

Fake Currency Seized From a Syrian Expat in Kuwait

24k gold was priced at Dh151.75 in Dubai and 22k can be bought at Dh142.50. (Shutterstock)
June 28th, 2018 - 07:27 GMT

Dubai Gold Remains Near 6-Month Low

Kuwait city occupied the fourth place among Arab cities preceded by Cairo, Rabat and Casablanca respectively. (Shutterstock)
June 28th, 2018 - 07:13 GMT

Kuwait Ranks Last Among GCC in Terms of Living Costs for Expats

The UAE is the biggest trade partner of Hong Kong in the Middle East, as the value of the non-oil trade exchange between the two countries accounted for $8.9 billion in 2017. (File/ photo)
June 27th, 2018 - 10:55 GMT

UAE-Hong Kong Non-Oil Trade Reaches $8.9 Billion

Crypto prices were under pressure in recent weeks, with Bitcoin falling 70% from its December high just short of $20,000. (Shutterstock)
June 27th, 2018 - 09:35 GMT

Crypto Plunges; Apple Co-Founder Warns of Blockchain Bubble

Jordan deficit in the trade balance fell by 5 per cent in the first half of this year. (Shutterstock)
June 27th, 2018 - 09:02 GMT

Jordan Trade Balance Deficit Falls by 5 Percent in First Half of Year

Members of the Youth and Human Resources Committee at the Shura Council met with the representative of the Omanisation Committees in the sales and distribution sector, in addition to companies that work in the sector. (Twitter)
June 27th, 2018 - 07:52 GMT

Sales and Distribution Sector to Provide 11,000 Jobs for Omanis

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