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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 first two days of IDEX have led to an increasing number of deals with national and international companies alike. (Armyrecognition.com)
February 21st, 2017 - 10:30 GMT

IDEX 2017: Over $3B in arms deals made in first two days

Fahad Al Gergawi, CEO of Dubai FDI
February 21st, 2017 - 10:20 GMT

Tesla and Dubai FDI co-operate to accelerate market adoption of electric vehicles

EmiratesGBC
February 21st, 2017 - 10:07 GMT

AkzoNobel joins Emirates Green Building Council with an aim to turn the skylines green

Although the additional levies are already being charged on air freight and shipments, these are yet to be introduced on imports made via road. (Shutterstock)
February 21st, 2017 - 09:30 GMT

Oman: Higher customs levies to raise cost of imported goods

Saudi Arabia was the world's second-largest arms importer in the period 2012 to 2016, with an increase of 212 percent compared with 2007-2011. (File photo)
February 21st, 2017 - 08:30 GMT

Arms imports rise by 245 percent to Qatar, 212 percent to Saudi Arabia: SIPRI

Many candidates in the country’s November elections ran on an anti-austerity ticket after the previous parliament was dissolved due to disputes with the government over the fuel price increase. (Shutterstock)
February 20th, 2017 - 01:00 GMT

Kuwait's lawmakers move to overturn fuel and utility price increases

The Chamber is planning to strengthen its international presence in 2017 with the opening of representative offices in India and Brazil.  (Shutterstock/Philip Lange)
February 20th, 2017 - 12:00 GMT

Dubai unveils five-year strategy to boost competitiveness in private sector

Wider fiscal reforms such as subsidy reductions, fee increases, etc for 2017 announced so far have been substantially less than in early 2016.  (Shutterstock)
February 20th, 2017 - 09:00 GMT

GCC fiscal reform proves a tricky balancing act with economic growth

Economic associations warn that any increase in taxes will lead to economic slowdown and to heavy recession due to the crises that hit the country in the past five years. (Shutterstock)
February 20th, 2017 - 08:00 GMT

Tax hikes will have negative effect on growth and investments: Lebanese economic associations

Dubai Customs
February 20th, 2017 - 04:40 GMT

GCC’s inaugural ‘Cargo and Personnel Screening Conference’ starts today

In 2016, Brazilian exports to the countries of the GCC – Saudi Arabia, United Arab Emirates, Kuwait, Qatar, Bahrain and Oman – totalled $6.04 billion, and the imports were $2.66 billion. (Shutterstock)
February 19th, 2017 - 11:00 GMT

Gulfood 2017: GCC meat consumption to rise by 4.3 million tons by 2019

Lebanon consumes $1.3 billion in medicines and drugs annually, but only 7-10 percent of these pharmaceuticals are produced locally. (Shutterstock)
February 19th, 2017 - 09:00 GMT

Lebanon's lawmakers call for reciprocal agreements to boost local pharmaceutical industry

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