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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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Sponsors in Saudi Arabia are now required by law to issue pre-paid ATM cards for housemaids and domestic drivers. (Shutterstock)
January 28th, 2018 - 11:42 GMT

Domestic Workers’ Bank Cards a ‘Welcome Move’: Saudi Arabia

Qatar achieves a trade surplus in December 2017. (File photo)
January 28th, 2018 - 11:27 GMT

Despite Blockade: Qatar’s Trade Surplus Jumps 40 Percent in December

According to the Ministry of Energy, 98 Unleaded Gasoline price has been raised to Dh2.36, 95 Unleaded Gasoline to Dh2.25 and 91 Unleaded Gasoline to Dh2.17. (KT)
January 28th, 2018 - 10:26 GMT

After January Hike, UAE Raises Fuel Prices for February

Prince Alwaleed was freed on Saturday after reaching a settlement with the Saudi authorities. (Bertrand Guay/ AFP)
January 28th, 2018 - 10:16 GMT

Pay and Leave: Saudi Arabia to Bag $100 Billion in Settlements With Princes

Philippine's President Rodrigo Duterte asked the 600,000 Filipinos working in Kuwait to pack and leave. Here's why. (AFP)
January 25th, 2018 - 01:07 GMT

President Duterte Asks 600,000 Filipinos in Kuwait to 'Pack and Leave'

The new law, which consists of 47 articles, aims at regulating commercial mortgage contracts. (Shutterstock)
January 25th, 2018 - 12:23 GMT

Saudi Arabia Approves New Commercial Mortgage Law

ECHA announcement states that the deadline for the registration of exporters of materials and products that have chemical components to the EU in accordance with REACH is on May 31, 2018.
January 25th, 2018 - 11:40 GMT

UAE Ministry of Economy Issues Statement on the Announcement of the ECHA

The UAE has signed a deal with the World Economic Forum (WEF) to establish a Center for Fourth Industrial Revolution. More details here. (Shutterstock)
January 25th, 2018 - 10:08 GMT

Fourth Industrial Revolution Center Coming Soon to UAE!

Enterprises which export goods and services are entitled to deduct the VAT-eligible input taxes they paid, provided they file their tax returns as required, the Authority said.
January 25th, 2018 - 09:57 GMT

Saudi Exports Are Zero-Rated Under VAT: Zakat Authority

"Strengthening Canada's economic relationship with countries in Asia-Pacific region, to support prosperity and create jobs for our middle class, is a priority for Canada." - Prime Minister Justin Trudeau (AFP/ File)
January 24th, 2018 - 04:00 GMT

Canada First: Justin Trudeau Strikes Asia-Pacific Trade Agreement, Without US

President Donald Trump’s speech to the World Economic Forum is scheduled for Friday. In the meantime, his delegation made its debut in Davos on Wednesday morning, answering questions on everything from U.S. stock markets to trade with Asia. (AFP)
January 24th, 2018 - 02:54 GMT

Dollar Falls on Trade Worries, Trump Speech at Davos

H.E. Dr. Amin Hussein Al Amiri, Assistant Undersecretary for Public Health Policy and Licensing of the Ministry of Health and Prevention (MOHAP)
January 24th, 2018 - 02:17 GMT

UAE Minister of Health Issues Ministerial Decree for the Registration of Innovative Medicines

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