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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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Following the last rate hike, Erdogan said his patience with interest rates had limits. (AFP)
October 4th, 2018 - 07:17 GMT

How Will Erdogan Address Turkey's Highest Inflation Rate in 15 Years, at 25 Percent?

The new bankruptcy law will introduce measures to allow company reorganization where the management is allowed to remain in place and continue business operations during the administration of a case, similar to the Chapter 11 process in the US. (Shutterstock)
October 4th, 2018 - 07:05 GMT

Bahrain Launches New Bankruptcy Law to Keep Investments Flowing

“The Aramco postponement is a benefit for the country, and the acquisition of SABIC makes more sense,” Haddad told the Citi Middle East Media Summit. (AFP)
October 4th, 2018 - 06:53 GMT

Why Is Delaying Saudi Aramco's IPO Good for the Country?

The government announced earlier that it plans to raise a stake in Banque du Caire on the EGX, as part of its plan to float shares of public companies and banks on the stock exchange to raise between EGP 6bn and EGP 8bn per year. (Shutterstock)
October 3rd, 2018 - 07:38 GMT

Banque Du Caire Will Go Public, Raising up to EGP 8 Billion per Year

Essam al-Zamil was charged with a range of accusations, including membership of a terrorist organization. (PressTV)
October 3rd, 2018 - 07:29 GMT

Saudi Charges Economist Issam Al Zamil With "Terrorism" Because of His Critical Views on Bin Salman's Vision

EU member states will set up a legal entity to facilitate legitimate financial transactions with Iran. (Shutterstock)
October 3rd, 2018 - 07:18 GMT

Here's Why EU's Plan to Help Iran Ahead of US Sanctions Can Be Problematic

In regards to debt instruments, the minister explained that Egypt is facing challenges, in terms of high interest rates, foreigners’ liquidation and market exit, whether in government financial instruments or the stock market. (Shutterstock)
October 3rd, 2018 - 07:14 GMT

Egypt Sets 4-Year Limit to Reduce Public Debt to 70 Percent

KIF 2018 announced a series of projects across diverse sectors of the economy from infrastructure development, renewable energy, to the digital transformation initiatives of the country. (Shutterstock)
October 3rd, 2018 - 07:00 GMT

Kuwait Is Ready for Your Investments; Here's How

According to IPIC's announcement, the request to bondholders covers holders of $1.5 billion IPIC bonds due in 2020, EUR 1.25 billion bonds due in 2021 as well as $1.5 billion due in 2022 and EUR 850 million due in 2023. (Shutterstock)
October 3rd, 2018 - 04:25 GMT

Mubadala, IPIC to Start $6 Billion Debt Reorganisation

Development will continue, but technology will drive its progress, is the message the city wants to convey to investors and expats. (Shutterstock)
October 3rd, 2018 - 04:09 GMT

Opinion: Dubai Still Has Space to Grow

Muscat, the capital, recorded the highest number of arrests with 380 followed by A'Dakhiliyah governorate with 60. During the same week, 386 violating labourers were deported. (Shutterstock)
October 3rd, 2018 - 03:50 GMT

Oman Cracks Down on Expats With 600 Arrests in a Week

The Kingdom plans to build two large nuclear power reactors as part of a program to deliver up to 16 nuclear power plants over the next 20 to 25 years at a cost of more than US$80 billion. (Shutterstock)
October 3rd, 2018 - 03:40 GMT

Opinion: Saudi Should Go Nuclear

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