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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 ministry clarified that the statement was issued in response to "baseless and unfounded" media reports. (Shutterstock)
September 4th, 2018 - 07:36 GMT

Saudi Arabia Will Not Impose Fees on Expat Remittance

Egypt’s stock market index gained 4.82 percent this week. (AFP)
September 3rd, 2018 - 09:49 GMT

Egypt's Stock Market Is the Best-Performer in the Region This Week

The growth reflects the significant achievements made by the transformational industries over the past five years. (Shutterstock)
September 3rd, 2018 - 09:21 GMT

UAE Non-Oil GDP Hikes Steadily

Fifteen companies are reported to be considering a merger to avoid bankruptcy. (Shutterstock)
September 3rd, 2018 - 08:31 GMT

15 Companies Consider Merger to Avoid Bankruptcy in Kuwait

The Fan ID, provides fans with visa-free entry to Russia at the 2018 tournament.(Shutterstock)
September 3rd, 2018 - 08:21 GMT

Qatar Mulls Visa-Free Entry Scheme

Trade deficit of $2.48 billion last month was lowest monthly figure in last 9 years, says minister. (Shutterstock)
September 3rd, 2018 - 08:12 GMT

Foreign Trade Deficit Falls 58 Percent in Turkey

President Sisi at the signing of the economic agreements with Chinese companies in Beijing on Sunday (Photo: Egyptian Presidency)
September 3rd, 2018 - 08:07 GMT

Egypt Signs $18 Billion Worth Contracts With Chinese Investors

The sell-off has increased the cost of food and petrol and raised fears about the impact on the country’s wider economy and banks. (Shutterstock)
September 3rd, 2018 - 07:59 GMT

Turkey Rises Gas, Power Prices by 14 Percent

Bitcoin edged down by 0.5%.
September 3rd, 2018 - 07:49 GMT

Crypto Update: Bitcoin Slips Again, New Cryptocurrency to Be Launched

Cash withdrawls from ATM machines also rose more than 12 percent on a year earlier. (Shutterstock)
September 3rd, 2018 - 07:43 GMT

Improved Economic Outlook in Saudi Arabia

Rents in even prime Dubai locations like Downtown, Palm Jumeirah and Sheikh Zayed Road have fallen in 2018.
September 3rd, 2018 - 07:29 GMT

Dubai Rents Witnesses Another Fall

Last year Emirati policymakers changed some details of the law to make it less draconian, as part of the plan to bring in a modern bankruptcy structure in the UAE. Al-Mulla thinks it still has not gone far enough. (Shutterstock)
September 2nd, 2018 - 12:03 GMT

Abraaj Founder Lawyer Points out the Flaws of the UAE Legal System

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