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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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would likely begin to benefit some of the 200 primary health care facilities across Lebanon in 2019 (Shutterstock)
September 13th, 2018 - 09:29 GMT

Lebanon Approves $150 Million in Soft Loans for Healthcare

The rise of Islamic finance startups in recent times is increasingly opening the industry up to innovations. (Shutterstock)
September 13th, 2018 - 09:17 GMT

Will Islamic Scholars Catch up With Islamic Finance Startups?

Iranian government earns budget from various sources including the revenues and offering capital assets and divesting financial assets to the private sector. (Shutterstock)
September 13th, 2018 - 08:49 GMT

Iran's Tax Revenues Surpass $8.5 Billion in 4 Months

The Jordanian minister said the Qatari authorities are interested in implementing projects in the tourism and energy sectors in the kingdom. (Shutterstock)
September 13th, 2018 - 08:40 GMT

Qatari $500 Million Investments Eye Tourism and Energy Sectors in Jordan

The DIFC has been seeing a consistent influx of foreign companies. (Shutterstock)
September 13th, 2018 - 07:24 GMT

Dubai Ranks 15th Worldwide in Global Financial Centre Index

Saudi Arabia raised $50 billion through international conventional and Islamic bonds. (Shutterstock)
September 13th, 2018 - 06:57 GMT

Saudi Arabia New Dollar Sukuk Sale to Follow a $9 Billion Debut Last Year

The 16.3% increase reflects more favourable conditions for wealth creation despite volatile geopolitics. (Shutterstock)
September 13th, 2018 - 06:39 GMT

Wealth of UHNW Reaches $31.5 Trillion, With Middle East Fourth-Largest Region

The country’s budget might increase to KD 40 billion, and the number of expatriates will increase to five million with the opening of the Silk City Project. (Shutterstock)
September 13th, 2018 - 06:07 GMT

Expats to Hit 5 Million Mark in Kuwait With Opening of Silk City Project

As usual, the campaign was followed by large number of press releases flooded by the labor ministry in all local media outlets. (Shutterstock)
September 13th, 2018 - 05:28 GMT

Opinion: Is Saudization a Mirage Investment?

Iran to Use Technology for Food Products. (Tehran Times)
September 12th, 2018 - 06:41 GMT

Ahead of Sanctions, Iran to Use Technology for Food Products

The current version of the law mandates the Cabinet to determine the amount given to citizens working in the private sector. (Shutterstock)
September 12th, 2018 - 06:30 GMT

If Passed, New Law to Encourage Kuwaitis to Work in Private Sector

The new law comes to “redistribute the tax burden and achieve justice among all groups of society. (Shutterstock)
September 12th, 2018 - 06:12 GMT

Jordan's New Income Tax Law Promises Little Change for Investors

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