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Economy and Policy

Economy and Policy latest

DMCC Reports Strong 2025 Growth, Welcomes Over 2,300 Companies, Tech Community Surpasses 4,000 as New Ecosystems Integrate Trade, Tech and Finance
April 14th, 2026 - 04:33 GMT

DMCC Reports Strong 2025 Growth, Welcomes Over 2,300 Companies, Tech Community Surpasses 4,000 as New Ecosystems Integrate Trade, Tech and Finance

DMCC, the leading international business district that drives the flow of global trade through Dubai, today published its 2025 annual results, reporting sustained growth last year with the addition of more than 2,300 companies to take its total membership beyond 26,000, as it strengthens its position as the world’s leading platform connecting commodities, technology and finance. Ahmed Bin Sulayem, Executive Chairman and Chief Executive Officer, DMCC, said: “2025 reinforced Dubai’s position as one of the world’s most dynamic and connected centres for global trade. With the UAE’s total trade reaching ...
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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

Ajay Singh, CEO of DP World-Sokhna
January 14th, 2018 - 12:15 GMT

DP World Sokhna Welcomes Largest PIL Vessel on Asia-Red Sea Route

“We don’t have a real economy in Lebanon. The model we have been living in for the past 25 years is no longer sustainable. We need a change.” - Raed Khoury, Minister of Economy and Trade (Courtesy of The Daily Star)
January 14th, 2018 - 12:13 GMT

McKinsey to Pitch Ideal Economic Model for Lebanon in Six Months: Minister

Titled “Saudi Arabia 10th Anniversary Cover”, the contest was one of a series of initiatives organised by OBG to mark a decade of operations in the Kingdom.
January 14th, 2018 - 09:15 GMT

Oxford Business Group Announces Winner of Saudi Arabia Photo Competition

British shoppers tightened their spending over Christmas, leading to the first year-on-year fall in spending since 2012. (Shutterstock)
January 11th, 2018 - 06:00 GMT

British Shoppers' Spending at Lowest Level Since 2012: Survey

The Egyptian Parliament this week approved the country’s first-ever bankruptcy law. (AFP)
January 11th, 2018 - 09:34 GMT

Egyptian Parliament Approves Country's First Bankruptcy Law

The UAE has released a simplified explainer, or guide, on exemptions and taxable items in the health and education sectors. More here. (Shutterstock)
January 11th, 2018 - 08:17 GMT

Know Your Rights: UAE Issues Guide on VAT in Health, Education Sectors

Andrew Norwood, research vice president at Gartner
January 11th, 2018 - 06:13 GMT

Semiconductor Revenue Grows 22 Percent in 2017, Samsung Largest Supplier: Report

In the Arab region, the concept of CVC is still at a nascent stage, however, the wave of high-growth technology startups represents an untapped avenue for investors. (Shutterstock)
January 10th, 2018 - 06:00 GMT

Opinion: Forget About Traditional VC Funding, CVC Is What MENA Needs

The UAE's economy is geared to grow at an accelerated pace in 2018. (Pixabay)
January 10th, 2018 - 12:55 GMT

UAE’s Economy to Grow 3.6 Percent in 2018, up From 1.7 Percent Last Year

The UAE has published the names of the free zones that will be exempt from VAT. Here’s the full list. (Courtesy of Jafza)
January 10th, 2018 - 11:31 GMT

FTA Announces List of VAT Free Zones in the UAE

Saudi Arabia on Tuesday approved a 20 percent bonus for three years for those working in the veterinary field. (Pixabay)
January 10th, 2018 - 09:54 GMT

20 Percent Bonus for Veterinary Workers in 2018: Saudi Arabia

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