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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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Egypt also decided to scrap the process of sending a team of six government officials to the port where the wheat was being shipped from. (Shutterstock)
September 28th, 2016 - 04:28 GMT

Egypt outsources wheat inspections to Swiss company, angering traders

The royal decree included a 20 percent reduction in ministers' salaries and a 15 percent reduction of salaries for Shoura Council members. (File photo)
September 28th, 2016 - 04:19 GMT

Saudi Arabia's stocks dip on news of austerity cuts

Egyptian agricultural products exported to Russia are estimated at $350 million annually. (USAID)
September 27th, 2016 - 10:30 GMT

Russia removes ban on imports of Egyptian fruits and vegetables

Apple farmers briefly cut off the highway from Jbeil towards Beirut and dumped their apples on the street in protest of alleged barriers to selling their products. (Panoramio)
September 27th, 2016 - 07:00 GMT

Them apples: Lebanon to regulate produce imports to protect local market

The royal decree also includes a 15 percent reduction in benefits toward a car and housing for Shoura members. (File photo)
September 27th, 2016 - 04:41 GMT

Saudi ministers' pay and perks cut as part of new austerity measures

Saudi Arabia suffered a deficit of $98 billion in 2015, while the projected shortage this year is $87 billion. (Shutterstock/Andrew V Marcus)
September 25th, 2016 - 11:30 GMT

No end in sight for the new norm of GCC budget deficits

An ECESR economist argues that the same economic structural problems persist, and the IMF adopts more or less the same approach towards countries as it did back in 1991.   (AFP/File)
September 25th, 2016 - 08:30 GMT

History repeats itself: Amid mounting loans, does Egypt have an economic vision?

An increase in the risks related to the country’s considerable external debt and the weakening in previously supportive credit fundamentals were the main factors for the rating cut. (File photo)
September 25th, 2016 - 06:30 GMT

Turkey's credit rating downgraded to junk status in coup aftermath

During the event
September 25th, 2016 - 03:40 GMT

Abu Dhabi Ports receives ISO 10002:2014 Certification in customer feedback management system

Al Olayan also appears on Forbes’ list of the “World’s 100 Most Powerful Women”. (World Economic Forum)
September 22nd, 2016 - 11:30 GMT

Saudi Arabia’s Lubna Al Olayan is the most powerful woman in the Arab world: Forbes

The conflicting regulations on wheat imports led to disturbances in the market as several shipments were rejected at the ports en route to Egypt. (File photo)
September 22nd, 2016 - 06:49 GMT

Egypt reinstates old wheat policy after decline in imports

The Bahrain Asian Traders Committee plans roadshows in South Korea, the Philippines, Sri Lanka and other Asian countries to promote Bahrain as an ideal investment destination. (File photo)
September 21st, 2016 - 12:00 GMT

'Reinvest in Bahrain' campaign launched to boost local economy

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