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Economy and Policy

Economy and Policy latest

Economies
April 13th, 2026 - 09:36 GMT
Al Bawaba Staff

Al Bawaba Staff

Middle Eastern Economies within the Global Wealth Structure

Dr. Gil Feiler - The position of Middle Eastern economies in the global wealth hierarchy is often misunderstood due to the use of headline indicators that obscure structural realities. A rigorous comparison across three key metrics—nominal GDP per capita, purchasing power parity (PPP), and net wealth per capita—reveals a more nuanced picture of how countries in the region, particularly Israel and the Gulf states, integrate into the global distribution of ...
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According to the Ministry of Manpower, there are several types of work visas available in Oman. (Shutterstock)
June 20th, 2018 - 06:30 GMT

More Firms Go for Short Term Omani Work Visas for Expats

Bitcoin and similar cryptocurrencies have "a range of shortcomings" that prevent them from becoming usable government-backed currencies. (Shutterstock)
June 19th, 2018 - 09:23 GMT

Banking Experts: Cryptocurrencies Can't Work as Real Money

With its vast reserves, low extraction costs and high spare capacity, Saudi Arabia will continue to remain the dominant power broker in the OPEC and international energy markets. (Shutterstock)
June 19th, 2018 - 08:06 GMT

A Look at Saudi Arabia and the New Economics of Oil

The number of female doctors rose from 2,053 in 2012 to 2,403 in 2016. (Shutterstock)
June 19th, 2018 - 07:55 GMT

Growing Number of Women Doctors in Oman, Says Study


OPEC is about to hold what’s likely to be its most difficult meeting in years. (Shutterstock)
June 19th, 2018 - 07:14 GMT

Saudi Oil Chief Faces Toughest OPEC Test After Reviving Market

They will also be exempted from fines. (Shutterstock)
June 19th, 2018 - 07:04 GMT

One-Year UAE Residency Visa for People in War, Disaster Zones

His Excellency Khalid Ali Al Bustani, Director General of the FTA
June 19th, 2018 - 05:11 GMT

Federal Tax Authority Receives Businesses’ VAT Returns for Tax Periods Ending May

Director of Dubai Customs Ahmed Mahboob Musabih welcomed the Chinese delegates who came from Yiwu City in Zhejiang Province.
June 18th, 2018 - 10:53 GMT

Dubai Customs Showcases Its Experience to Chinese Delegates


Cryptocurrencies are too unstable to ever serve as bona fide mediums of exchange in the global economy. (Shutterstock)
June 18th, 2018 - 09:46 GMT

Bitcoin Could Break the Internet, Central Bank Overseer Says

Individuals who have purchased a property for a minimum value of Dh1 million are entitled to apply for residence visa in the UAE. (Pixabay)
June 18th, 2018 - 08:05 GMT

UAE Residents Can Get Visa Against Property They Own

FTA Director General His Excellency Khalid Ali Al Bustani
June 18th, 2018 - 07:58 GMT

Federal Tax Authority: Website Now Allows Taxable Persons to Connect Directly With Accredited Tax Agents

The UAE will deposit $1 billion in Ethiopia’s central bank to ease a severe foreign currency shortage, government spokesman Ahmed Shide told Reuters at a palace in Addis Ababa after Abiy met with Abu Dhabi’s crown prince, Sheikh Mohamed Bin Zayed. (Shutterstock)
June 18th, 2018 - 07:46 GMT

UAE to Give Ethiopia $3 Billion in Aid and Investments

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