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Economy and Policy

Economy and Policy latest

DMCC Announces Record USD 41.7 billion in Diamond Trade Through Dubai in 2025
July 14th, 2026 - 03:44 GMT

DMCC Announces Record USD 41.7 billion in Diamond Trade Through Dubai in 2025

DMCC, the leading international business district that drives the flow of global trade through Dubai, today announced that Dubai's total diamond trade reached an all-time high of USD 41.7 billion in 2025, according to data from Dubai Customs. The figure surpasses the previous record of USD 40.9 billion, set in 2011, and was accompanied by a record 359.5 million carats traded, up 42.5% year-on-year – marking the first time Dubai has posted a record in both diamond trade value and physical volume in the same year. Total diamond trade value ...
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Nasdaq
October 11th, 2023 - 10:19 GMT

Nasdaq composite index suffers biggest daily loss in 3 weeks

IMF noted that the easing of concerns related to the banking sector paved the way for optimism about rapid inflation decline and a soft landing for the global economy.
October 11th, 2023 - 10:08 GMT

IMF optimistic about global financial stability but warns of lingering risks

Fed will avoid recession while tackling US inflation
October 11th, 2023 - 09:27 GMT

Fed will avoid recession while tackling US inflation

UK, allies step up military support for Ukraine
October 11th, 2023 - 08:12 GMT

UK, allies step up military support for Ukraine

Elderly Europeans will outnumber teen youths by 2024
October 11th, 2023 - 07:37 GMT

Elderly Europeans will outnumber teen youths by 2024

US ban exemption for South Korean companies with factories in China
October 10th, 2023 - 12:35 GMT

US ban exemption for South Korean companies with factories in China

budget plan
October 10th, 2023 - 10:31 GMT

UAE Cabinet approves 2024-2026 union budget plan worth over $52b

Israeli damages from surprise Gaza attack in billions: Al-Aqsa Flood operation
October 10th, 2023 - 09:37 GMT

Israeli damages from surprise Gaza attack in billions: Al-Aqsa Flood operation

Day one of Al-Aqsa Flood inflicted nearly one billion in direct damages
October 9th, 2023 - 09:12 GMT

Day one of Al-Aqsa Flood inflicted nearly one billion dollars in damages

Bonds plunge after Egypt’s credit rating downgrade by Moody’s
October 8th, 2023 - 12:20 GMT

Bonds plunge after Egypt’s credit rating downgrade by Moody’s

China’s forex reserves still the world’s largest
October 8th, 2023 - 11:22 GMT

China’s forex reserves still the world’s largest

Oil prices up after biggest weekly loss in months
October 8th, 2023 - 10:20 GMT

Oil prices up after biggest weekly loss in months

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