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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 deportation of workers came as a result of over 56,000 labour inspection visits aimed at ascertaining the extent to which employers commit to the Labour Law. (AFP)
August 19th, 2018 - 08:16 GMT

Almost 5,000 Expat Workers Deported From Jordan in 2018

"The US dollar - and consequently the dirham - has strengthened against the emerging market currencies this year and this does help in reducing the import prices. (Shutterstock)
August 19th, 2018 - 07:48 GMT

UAE Dirham Stands Strong Against Emerging Market Currencies

The Turkish lira lost about 20 percent of its value against the US dollar. (Shutterstock)
August 16th, 2018 - 09:03 GMT

Interest Rates to Remain Unchanged in Egypt Despite Turkish Lira Crisis

A total of 2.875 million Egyptians were unemployed in the second quarter of 2018. (Shutterstock)
August 16th, 2018 - 08:53 GMT

Unemployment Rate Drops to 9.9 Percent in Egypt

The OPEC’s report also announced Iran’s oil output based on direct communication. (Shutterstock)
August 16th, 2018 - 08:50 GMT

OPEC: Iran Oil Output Hits 3.806 Million bpd in July

Debt issuance in the GCC would be led by Saudi Arabia's $16 billion. (Shutterstock)
August 16th, 2018 - 08:43 GMT

GCC Sovereign Debt Issuance to Exceed $50 Billion

Work permits were cancelled after confirming the relevant information with Ministry of Interior. (Shutterstock)
August 16th, 2018 - 08:37 GMT

More Than 50,000 Work Permits Cancelled in Kuwait

Qatar's growth outlook for 2018 has improved, driven by increasingly broad-based global economic recovery. (Shutterstock)
August 16th, 2018 - 08:03 GMT

Report: Qatar's Economy to Grow 3 Percent Despite Economic Blockade

Cryptocurrencies are not fiat currency as fiat currencies are part of a centralised system. (Shutterstock)
August 16th, 2018 - 07:58 GMT

Are Cryptocurrencies Shari'ah Compliant?

Qatar defied US President Donald Trump on Wednesday and promised to plough $15 billion into Turkish financial markets and banks. (Shutterstock)
August 16th, 2018 - 07:55 GMT

Qatar Rescues Turkey With $15 Billion

Recent developments in US-Turkey relations risk an alliance that has proven its value over decades. (Shutterstock)
August 16th, 2018 - 07:42 GMT

US Official: Tariffs on Turkish Imports ‘Pose Serious Risks’

The ministers met in Manama to review a comprehensive fiscal balance programme. (Shutterstock)
August 16th, 2018 - 07:30 GMT

UAE, KSA, Kuwait to Enhance Bahrain Fiscal Stability

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