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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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More than a million Prius and C-HR compact crossover vehicles were recalled globally due to the risk of fire. (Shutterstock)
September 6th, 2018 - 08:42 GMT

Over 1,000 Toyota Cars Recalled in UAE

The Iranian rial has fallen to its lowest rate on record. (Shutterstock)
September 6th, 2018 - 08:36 GMT

Iran Rial Hits Lowest Record, Over 150,000 Against US Dollar

The total EU aid commitments to Egypt amount to over €1. 3bn in grants. (Shutterstock)
September 5th, 2018 - 11:04 GMT

EU Commits Over €113 Million to Egypt in 2018

The high ranking reflects a string of visa facilitation measures introduced by Qatar. (Shutterstock)
September 5th, 2018 - 10:24 GMT

Qatar 'Most Open Country' for Visas in the Region

The agreement aims to enhance economic relations and reduce costs, especially of petroleum products and natural gas. (Shutterstock)
September 5th, 2018 - 08:53 GMT

Qatar, Turkey Sign Economic Partnership Agreement

Egyptian economy is safe from any economic fluctuations at the international level. (Shutterstock)
September 5th, 2018 - 08:35 GMT

Egypt Economic Reforms Spare it from Emerging Markets' Crises

The FTA had earlier announced that the VAT refund scheme will be implemented from the fourth quarter of 2018. (Shutterstock)
September 5th, 2018 - 06:17 GMT

VAT Refund for UAE Tourists to Roll out in November

The rial has lost around 15 percent of its value on the open market in the past three days, bottoming at 128,500 to the dollar by Monday evening. (Shutterstock)
September 4th, 2018 - 08:43 GMT

Iranian Rial Deteriorates Against Dollar

Oil Prices to Remain Between $70 - $80 per Barrel. (Shutterstock)
September 4th, 2018 - 08:36 GMT

Oman: Oil Prices to Remain Between $70 - $80 per Barrel

Turkish President Recep Tayyip Erdogan. (AFP)
September 4th, 2018 - 08:10 GMT

Turkey to Ditch the Dollar in Trade With Iran, China

The rate of renewing contracts increased by 21 per cent in 2017 compared with 2016. (Shutterstock)
September 4th, 2018 - 08:02 GMT

Oman Rents Drop Due to Cancelation of Rental Contracts

Officials have warned that anyone who will be caught staying in the country after the expiration of their visa will face legal action including jail sentence, hefty fines and deportation. (Shutterstock)
September 4th, 2018 - 07:48 GMT

Jobseeker Visa Violators to Face Prosecution in UAE

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