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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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Saudi Arabia issued a directive on Wednesday to transfer $2 billion to Yemen’s central bank to "alleviate the suffering" of the Yemeni people. (AFP)
January 18th, 2018 - 10:57 GMT

Yemenis Hail $2 Billion Saudi Cash Injection, Rial Soars

Sheikh Ahmed Bin Saeed Al Maktoum, Chairman of Dubai Airport Freezone Authority (DAFZA)
January 17th, 2018 - 11:14 GMT

Sheikh Ahmed Bin Saeed Approves DAFZA's Digital Intelligence Plan

Jason Tuvey, Middle East analyst at Capital Economics, said that recent price hikes for fuel and power, and VAT, would affect expats more than Saudi citizens. Here's why. (AFP/ File)
January 17th, 2018 - 10:13 GMT

VAT, Price Hikes Will Affect Expats More than Saudis: Report

The Standard Chartered Dubai Marathon unfolds over 42km of the city's streets, involves more than 30,000 competitors and has several stretches of Dubai's road network closed for half a day.
January 17th, 2018 - 08:44 GMT

Marathon City Effort Keeps Dubai Race at the Forefront of World Athletics

Ahmed Mahboob Musabih, Director of Dubai Customs
January 16th, 2018 - 10:24 GMT

Dubai Customs Gears up for 1st UAE Customs Week

Private companies will take over the inspection activities in a move to ensure better services especially in matters of public health, sources said. (AFP)
January 16th, 2018 - 09:30 GMT

Saudi Arabia to Privatize Inspections by Ministry of Labor: Al-Madina Newspaper

Paul Ashton, Executive Director - Property, DMCC
January 16th, 2018 - 09:29 GMT

DMCC Awards Uptown Dubai Raft Foundation Contract to HLG

The Qatar-Turkey Economic Forum, slated on Tuesday in Doha, aims to enhance economic cooperation between Qatar and Turkey in various fields. (AFP)
January 16th, 2018 - 08:42 GMT

Qatar-Turkey Economic Forum Launches Today in Doha

Here are the top five things you need to know in global markets today Monday, January 15. (Shutterstock)
January 15th, 2018 - 01:30 GMT

Gold Higher on Weaker Dollar: Top 5 Things to Know Today in the Markets

Saudi Arabia and Japan signed six MoUs on the sidelines of the Saudi-Japanese Business Forum that kicked off in Riyadh this week. (Courtesy of SPA)
January 15th, 2018 - 12:32 GMT

Saudi Arabia Meets 40 percent of Japan’s Energy Needs: Khaled Al-Falih

Kuwait has ordered all ministries to prepare their lists of expats to expel by March 2019. (Shutterstock)
January 15th, 2018 - 11:43 GMT

Kuwait Pushes Ahead With Kuwaitization of Government Jobs

Consumers in Oman will pay more for electricity from February 1, with ‘fees’ based on consumption, authorities have revealed. (File photo)
January 15th, 2018 - 09:33 GMT

Oman Introduces New Taxes on Electricity Consumption, Hospitality

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