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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 proposed law seeks to increase the number of income tax payers from 90 per cent to 95 per cent. (Shutterstock)
June 4th, 2018 - 07:13 GMT

New Tax Law Vital for Jordan’s Credit Rating

Tarawneh added that the law also does not require those who are less than 18 years old to provide income tax statements. (Shutterstock)
June 3rd, 2018 - 09:51 GMT

Expats’ Incomes in Jordan Still Exempted From Income Tax

Every week 60per cent of the UAE employees are working at least one day a week somewhere other than the office. (Shutterstock)
June 3rd, 2018 - 09:22 GMT

60 Percent of UAE Workforce Skip Office to Work Elsewhere

This cooperation is aimed at providing balance and stability on the global oil market, the declaration said. (Shutterstock)
June 3rd, 2018 - 08:37 GMT

UAE Signs Partnership Deal With Russia for Oil Markets Stability

King Abdullah II underlined the need for all state institutions to rationalize spending and balance taxes against the quality of services provided to citizens. (AFP)
June 3rd, 2018 - 08:25 GMT

King Abdullah II Suggests New Income Tax Law in Jordan

23.7 percent of applicants sold some of their own properties to apply for a second citizenship. (Shutterstock)
June 3rd, 2018 - 08:19 GMT

Why UAE Expats Are Going for Second Passport

Recruitment experts say expatriate employment in UAE has yet to bounce back after more than three years of weak oil prices. (Shutterstock)
May 31st, 2018 - 09:14 GMT

UAE Jobs Market Still ’Less Buoyant’ Than 5 Years Ago

The campaign seeks to increase public awareness of the dangers of tobacco use. (shutterstock)
May 31st, 2018 - 09:01 GMT

Saudi Arabia to Join WHO in Anti-Smoking Campaign

Despite the drop in imports, Iran retained its share in the Turkish market. (Shutterstock)
May 31st, 2018 - 08:57 GMT

Iran Remained Turkey's Biggest Crude Oil Exporter

The retail sales of gold and diamonds are still fully subject to VAT at five per cent. (Shutterstock)
May 31st, 2018 - 06:48 GMT

FTA Clarifies VAT on Gold, Diamond Deals in UAE

The average rental return on investment achieved on apartments in Dubai last year was seven per cent, while villas made five per cent. (Shutterstock)
May 30th, 2018 - 10:29 GMT

What Makes Dubai a 5-Star Real Estate Investment Destination

Big and small retail firms have achieved 24 percent Saudization, with grocery stores registering 10 percent of the total Saudi employees in the sector. (Shutterstock)
May 30th, 2018 - 08:26 GMT

Good News for Saudis: 490,000 New Jobs in Retail Sector

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