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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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The ministers met in Manama to review a comprehensive fiscal balance programme. (Shutterstock)
August 16th, 2018 - 07:30 GMT

UAE, KSA, Kuwait to Enhance Bahrain Fiscal Stability

Beyond its financial aspect, there is currently a psychological war between the two countries through high-level rhetoric. (Shutterstock)
August 15th, 2018 - 09:15 GMT

Experts Disagree With Erdogan Latest Move to Overcome Economic Challenges

Saudi Arabia has committed to significant changes to its economy and society as part of its Vision 2030 reform plan. (Shutterstock)
August 15th, 2018 - 09:11 GMT

Report: Arab Countries Need to Focus on Entrepreneurial Potential and Youth


The trade surplus in first quarter rose to KD3.4 billion from KD2.3 billion the previous quarter. (Shutterstock)
August 15th, 2018 - 08:30 GMT

Report: Kuwait Current Account Hits $5.58 Billion

Saudi Arabia crown prince Mohammed bin Salman. (AFP)
August 15th, 2018 - 08:25 GMT

Saudi Arabia Gears for a Future Without Oil

U.S. crude inventories unexpectedly rose by 3.7 million barrels in the week to Aug. 10, to 410.8 million barrels. (Shutterstock)
August 15th, 2018 - 08:20 GMT

Oil Prices Fall While U.S. Crude Inventories Rises

Electric automaker Tesla has formed an independent special committee to explore the possibility of becoming a private company. (Shutterstock)
August 15th, 2018 - 08:14 GMT

Tesla Forms Special Committee to Evaluate Privatization

 The value of Dubai Chamber members exports and re-exports to India amounted to Dh3 billion during the first half of 2018. (Shutterstock)
August 15th, 2018 - 07:33 GMT

Dubai to Increase Non-Oil Trade With India to Dh110 Billion

UAE is ranked as the 17th most competitive country globally. (Shutterstock)
August 15th, 2018 - 07:28 GMT

Report: UAE Economy Ranks First as The Most Competitive Economy in MENA

Car sales are one of the important indicators illustrating the state of the Lebanese economy. (Shutterstock)
August 15th, 2018 - 07:24 GMT

Car Sales Fall in Lebanon Due to Economic Slowdown

President Tayyip Erdogan said on Tuesday that Turkey would boycott electronic products from the United States. (AFP)
August 15th, 2018 - 07:00 GMT

Turkey to Boycott US Electronics in an Attempt to Strengthen Lira

The sharp rise in the price of gold seen in the past few days off the back of the Turkish lira crisis. (Shutterstock)
August 14th, 2018 - 09:18 GMT

Investors Shift to Gold Due to Turkish Lira Plummet

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