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Economy and Policy

Economy and Policy latest

DMCC Launches Dmcc Cyber as It Formalises Tech Ecosystem Uniting Over 4,000 Companies
July 6th, 2026 - 04:29 GMT

DMCC Launches Dmcc Cyber as It Formalises Tech Ecosystem Uniting Over 4,000 Companies

DMCC, the leading international business district that drives the flow of global trade through Dubai, has launched DMCC Cyber, a dedicated cybersecurity vertical, as it formally establishes DMCC Tech, its overarching technology platform bringing together the specialised centres and communities driving the digital economy. The announcement comes as DMCC's technology sector surpasses 4,000 companies, making it the largest and fastest-growing segment within its business district. As the community has grown in scale and maturity, DMCC has continued to develop increasingly specialised platforms that address the evolving needs of technology businesses ...
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The Cabinet decided to slash the general sales tax on 61 commodities down to 4 per cent from 10 and 16 per cent. (Shutterstock)
January 19th, 2019 - 10:00 GMT

Jordan’s Decision to Reduce Sales Tax on Commodities Criticised as Ineffective

Economists believe the UAE economy to perform better than most expect over the coming years. (Shutterstock)
January 19th, 2019 - 07:26 GMT

Rise in Public Spending to Boost GCC Economic Growth

Between 50 and 100 students participated in the demonstration, holding signs protesting the cost of education and lack of job opportunities. (Shutterstock)
January 18th, 2019 - 07:30 GMT

Lebanese Youth Protests Demanding Economic Change

The figure shows 10 percent rise from the tax income earned during the same period of time in the previous year. (Shutterstock)
January 17th, 2019 - 10:03 GMT

More Than $16 Billion Generated in Iran From Tax Revenues

Qatari businessmen are interested in exploring investment opportunities available in Ethiopia. (Shutterstock)
January 17th, 2019 - 09:47 GMT

Qatar Eyes Investment Opportunities in Ethiopia

Expats Can Hold Senior Positions for 3 Years Only (shutterstock)
January 17th, 2019 - 09:33 GMT

Expats Can Hold Senior Positions for 3 Years Only

The annual inflation rate in Tunisia reached a near-30-year high in 2018. (Shutterstock)
January 17th, 2019 - 08:58 GMT

Economic Indicators Raise Concerns for Instability in Tunisia

The total value of the NEOM Bay development has not been disclosed. (Arab News)
January 17th, 2019 - 08:07 GMT

Saudi Arabia to Commence Developing $500 Billion Mega-City

The chamber's exports last year hit JD4.280 billion compared with JD3.896 billion in 2017. (Shutterstock)
January 17th, 2019 - 07:45 GMT

Jordan's Exports Soars 10 Percent in 2018

As more supply is expected to materialise in the coming year, residential vacancies are anticipated to increase further in Abu Dhabi. (Shutterstock)
January 16th, 2019 - 12:12 GMT

Property Market Prices on a Steady Fall in This Emirate

Saudi Arabia has restricted certain jobs to Saudis and pressed companies to employ higher ratios of nationals to foreign workers. (Shutterstock)
January 16th, 2019 - 10:18 GMT

Saudi Government to Pay Private Sector in an Attempt to Expand Saudization

Civil servants could receive a 20 per cent increase in their basic wages. (Shutterstock)
January 16th, 2019 - 09:45 GMT

Bahrain Indecisive About 20 Percent Increase in Basic Wages

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