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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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Egypt aims to cut petroleum subsidies by about 26%, and electricity subsidies by 47% in the draft budget for 2018/19. (File photo)
April 15th, 2018 - 11:43 GMT

Egypt Announces Deep Cuts in Petroleum, Electricity Subsidies in 2018/2019 Budget

Dubai on Saturday announced new economic initiatives to boost the emirates’s economy. (File photo)
April 15th, 2018 - 10:01 GMT

Dubai Unveils New ‘Stimulus Plan’ to Boost Economy: Details

As many as 811,000 expatriates have left the Kingdom on final exit visa in the past 18 months. (AFP/ File)
April 12th, 2018 - 04:10 GMT

Saudi Arabia: 1,500 Expats Leaving Every Day in Past 18 Months

King Abdullah Port has the world’s deepest 18-meter water berths and state-of-the-art processing facilities. (File photo)
April 12th, 2018 - 07:00 GMT

Saudi Arabia: King Abdullah Port 8th Fastest Growing Port in the World

The partnership agreement was signed by Sami Al Qamzi, Director General of DED, and Mohammed Al Ahli, Director General of the Dubai Civil Aviation Authority, in the presence of senior officials from both sides.
April 11th, 2018 - 10:13 GMT

Dubai's DED and DCAA Join Hands to Monitor Aviation-Related Businesses

Men and women in the UAE will be equally paid according to a new draft law. (Shutterstock)
April 11th, 2018 - 08:50 GMT

Equal Pay: UAE Announces Draft Law to Fix Gender Pay Gap

The private sector’s contribution to the gross domestic product of Saudi Arabia grew to 48 percent in 2017.  (Shutterstock)
April 11th, 2018 - 08:13 GMT

Saudi Arabia: Private Sector's Share in GDP up 48 Percent in 2017

The UAE donated the largest amount to war-torn Yemen. (AFP)
April 11th, 2018 - 07:54 GMT

UAE World’s Largest Donor by National Income, for Fifth Year: OECD

The forum sought to highlight the broad profile and attributes of developing and sustaining a smart city for future economic development.
April 11th, 2018 - 06:25 GMT

DED and Abu Dhabi University Co-Host Smart City Forum

 Dubai Customs is participating in this year’s Dubai International Government Achievements Exhibition (DIGAE) with 21 initiatives.
April 11th, 2018 - 06:12 GMT

PCFC’s Stand at DIGAE Sees Heavy Diplomatic Footfall

Admiral Mafouz Taha, Vice Chairman SC Zone, and Xi Manding, Managing Director of Cosco Egypt During the opening ceremony.
April 11th, 2018 - 05:27 GMT

DP World Sokhna Invests EGP3 Million in Customer Service Center

Fear has now replaced greed as the dominant sentiment on Wall Street, with the Chicago Volatility Index up 90 per cent in 2018. (AFP)
April 10th, 2018 - 03:00 GMT

Trump vs. China: How Trade Wars Could Affect Global Markets

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