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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 loan which was increased from an initial guide size of $6 billion to $8 billion, comes after the Kingdom postponed Aramco’s initial public offering. (Shutterstock)
August 27th, 2018 - 10:13 GMT

Saudi Arabia Public Investment Fund Raises $11 Billion Loan

Arif Naqvi, the founder of Abraaj Group. (AFP)
August 27th, 2018 - 09:58 GMT

Abraaj Group Founder to Face Court on August 28

A message from the Saudis: If we buy our arms from you, we also buy your silence. (AFP)
August 26th, 2018 - 10:41 GMT

Opinion: The Repercussions of the Saudi-Canada Row on Mohamed Bin Salman

Musk met with the electric car and solar panel company's board on Thursday to tell them he thought the company should stay public and the board agreed, according to the statement. (Shutterstock)
August 26th, 2018 - 10:22 GMT

Musk Calls Off Private Deal, Tesla Remains on Public Stock Exchanges

5% VAT is expected to produce revenues of over $25 billion per annum for the six GCC countries. (Shutterstock)
August 26th, 2018 - 10:15 GMT

Bahrain to Implement VAT in 2019

A customs report said in June that Iran had exported 216.585 tons of goods worth $47.666 million to Qatar during the first two months of the current Iranian year (March 21, 2018-May 21, 2018), showing a considerable growth in terms of value. (Shutterstock)
August 26th, 2018 - 09:48 GMT

Qatar to Increase Maritime Shipping, Trade With Iran

Turkey's Industry and Technology Minister Mustafa Varank (2nd R) attends G20 Digital Economy Ministerial Meeting in Salta, Argentina on August 24, 2018. (AA)
August 26th, 2018 - 09:22 GMT

Turkey Mulls Digital Economy to Avoid Political Interventions

There are 11,851 Kuwaiti citizens registered under CSC in the waiting list for employment. (Shutterstock)
August 23rd, 2018 - 06:00 GMT

Almost 12,000 Kuwaiti Citizens on Waiting List for Employment

The company will offer crypto custodial services and an exchange platform accessing large-scale global liquidity. (Shutterstock)
August 23rd, 2018 - 05:00 GMT

Crypto-Asset Business Firm to Open in UAE

The pricing of ancillary services such as brokerage, maintenance, car parking, facility management and property management may increase as such services will be subject to VAT. (Shutterstock)
August 22nd, 2018 - 06:00 GMT

VAT to Attract More Global Investors in UAE

There has been a great demand from citizens and residents for food, sweets and gifts for Eid Al Adha. (Shutterstock)
August 22nd, 2018 - 03:40 GMT

Online Home Businesses Receive Bulk Orders for Eid Al Adha in Qatar

Investor confidence in Dubai as a competitive global hub, and in its business development potential, remained robust through the month of July. (Shutterstock)
August 21st, 2018 - 06:36 GMT

Investor Confidence in Dubai Remains Positive in July

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