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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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12 percent of the positions are occupied by expatriates. (AFP)
August 9th, 2018 - 11:18 GMT

Expats Serve 12 Percent Only in Law-Linked Jobs in Kuwait Due to Kuwaitization

Turkey's natural gas trade with Iran is legitimate and in accordance with a signed contract with an expiry in 2026. (Shutterstock)
August 9th, 2018 - 09:09 GMT

Turkey, Iran Gas Trade to Continue Until 2026

There has been no response from the Canadian government as yet to the latest punitive measures taken by the Saudis. (Shutterstock)
August 9th, 2018 - 09:02 GMT

Saudi Arabia Gets Rid of Canadian Assets

445,000 Egyptians work in the Kuwaiti private sector. (AFP)
August 9th, 2018 - 08:52 GMT

More Than 60 Percent of Egyptians in Kuwait Work in Private Sector

The IMF encourages Egypt to continue its plan to raise energy prices. (Shutterstock)
August 9th, 2018 - 08:43 GMT

IMF: Egypt's Economy to Improve in 2021

Saudi citizens will be able to access cheaper and more accessible mortgages at fixed rates under an initiative launched Wednesday by the Saudi Real Estate Refinance Company. (Shutterstock)
August 9th, 2018 - 08:28 GMT

Accessible Mortgages to Stimulate Property Ownership in Saudi Arabia

The first agreement, worth $13.8 million, will be dedicated to improving Zara-Maeen Water Treatment Plant’s supply system and reduce operational and maintenance costs. (Shutterstock)
August 9th, 2018 - 08:03 GMT

$166 Million Agreement Between Jordan,US to Rehabilitate Water Network

Oil revenues jumped by 82 percent compared to a year earlier to reach SR184.165 billion. (Shutterstock)
August 9th, 2018 - 07:48 GMT

Budget Deficit Falls by 84 Percent in Saudi Arabia


It is expected that the new reforms will be focused on those professions and industries that meet the UAE's strategic needs. (Shutterstock)
August 9th, 2018 - 07:41 GMT

The Effects of the Visa Reforms on UAE's Economy

Kingdom’s petroleum supplies are not to be impacted by political considerations. (Shutterstock)
August 9th, 2018 - 07:32 GMT

Saudi Oil Supplies Will Not Be Affected by Saudi-Canada Conflict

The diplomatic row with Canada is a concern for Canadian companies seeking work in the Kingdom such as GDLS, maker of the LAV 111 armored vehicle. (AN)
August 8th, 2018 - 11:22 GMT

Canadian Companies in Saudi Arabia Left in Uncertainty

The project will be set up with the help of a consortium comprising some Egyptian investors. (Shutterstock)
August 8th, 2018 - 08:35 GMT

Saudi Arabia to Establish $1 Billion Medical City in Egypt

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