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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 private sector’s contribution to the gross domestic product of Saudi Arabia grew to 48 percent in 2017.  (Shutterstock)
April 11th, 2018 - 08:13 GMT

Saudi Arabia: Private Sector's Share in GDP up 48 Percent in 2017

The UAE donated the largest amount to war-torn Yemen. (AFP)
April 11th, 2018 - 07:54 GMT

UAE World’s Largest Donor by National Income, for Fifth Year: OECD

The forum sought to highlight the broad profile and attributes of developing and sustaining a smart city for future economic development.
April 11th, 2018 - 06:25 GMT

DED and Abu Dhabi University Co-Host Smart City Forum

 Dubai Customs is participating in this year’s Dubai International Government Achievements Exhibition (DIGAE) with 21 initiatives.
April 11th, 2018 - 06:12 GMT

PCFC’s Stand at DIGAE Sees Heavy Diplomatic Footfall

Admiral Mafouz Taha, Vice Chairman SC Zone, and Xi Manding, Managing Director of Cosco Egypt During the opening ceremony.
April 11th, 2018 - 05:27 GMT

DP World Sokhna Invests EGP3 Million in Customer Service Center

Fear has now replaced greed as the dominant sentiment on Wall Street, with the Chicago Volatility Index up 90 per cent in 2018. (AFP)
April 10th, 2018 - 03:00 GMT

Trump vs. China: How Trade Wars Could Affect Global Markets

The service was announced along the sidelines of the Dubai International Government Achievements Exhibition.
April 10th, 2018 - 09:54 GMT

DED Launches First AI-Based Consumer Protection Service in the World

European Union is the largest trading partner of the GCC. (Shutterstock)
April 10th, 2018 - 09:32 GMT

EU Becomes GCC’s Largest Trading Partner, With Over $175 Billion

Sultan Ahmed Bin Sulayem, Group Chairman and CEO, DP World
April 10th, 2018 - 08:02 GMT

DP World, UAE Region Rolls out Truck Safety Programme With RTA

The first units have gone on sale at Sharjah’s Maryam Island, for the Azure Beach Residence project by Eagle Hills Sharjah. (Shutterstock)
April 10th, 2018 - 06:39 GMT

Invest in Sharjah: Home Sales Start at Al Maryam Island

Jordan and Iraq plan to increase cooperation in the transport field, including through twinning Aqaba and Basra ports. (File photo)
April 9th, 2018 - 09:03 GMT

Jordan, Iraq to Increase Aqaba-Basra Transport Cooperation

All eyes will be on escalating trade rhetoric in the week ahead as investors try to work out whether a series of tit-for-tat responses between the U.S. and China will end in negotiations or an all-out trade war. (Shutterstock)
April 9th, 2018 - 08:23 GMT

US-China Trade Wars: Top 5 Things to Watch in Global Markets This Week

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