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Economy and Policy

Economy and Policy latest

Trump and Carney
July 21st, 2026 - 11:33 GMT
P. Choiaqo

P. Choiaqo

Trump hits Canada with 50% tariff

ALBAWABA - The Tariff President, Donald Trump, continues to impose tariffs on friends and enemies alike, the latest being Canada with a hefty tariff of 50 percent. The move comes in response to Trump’s perceived ‘unequal treatment’ of U.S. cars, dairy, and alcohol by Canada; tariff targets ranged from everyday goods such as wine and hockey sticks to industrial goods like cement. "This is the latest in a series of ...
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The value of remittances sent home by Filipinos in the UAE grew to significant levels in 2017. (File photo)
February 21st, 2018 - 11:22 GMT

Filipinos Send Biggest Remittances in 2017: Report

Saudi Arabia on Tuesday approved an agency under the Ministry of Labor to facilitate the employment of Saudis in the private sector. (AFP/ File)
February 21st, 2018 - 10:11 GMT

Saudi Arabia Approves Special Unit to Employ Saudis in Private Sector

Mohammed Al Muallem, Chief Executive Officer & Managing Director, DP World – UAE Region
February 21st, 2018 - 05:46 GMT

Dubai Trade Honors Winners of 10th E-Services Excellence Award

The U.S. dollar inched higher versus a basket of major currencies on Tuesday. Oil markets were split. (Shutterstock)
February 20th, 2018 - 02:07 GMT

Strong U.S. Dollar, Mixed Oil: Top 5 Things to Know in the Markets Today

The tickets for Dubai Frame are priced at AED 50 for adults and AED 20 for children.
February 20th, 2018 - 12:05 GMT

Dubai Municipality Extends Opening Hours of Dubai Frame

The agreement was signed on the sidelines of DWSC’s participation in Gulfood 2018.
February 20th, 2018 - 11:31 GMT

Dubai Wholesale City Hosts Largest Cash and Carry Facility in the Region

The new law is regarded as an essential element in the drive to diversify the economy away from oil dependency. (File photo)
February 20th, 2018 - 11:24 GMT

New Bankruptcy Law, a 'Step Forward' for Saudi Arabia: Experts

Intensive training to Dubai Customs officers and equipping the centers with the latest inspection equipment were among the reasons behind this achievement.
February 20th, 2018 - 10:58 GMT

Dubai Customs Foils 1,628 Drug Smuggling Bids in 2017

The meeting discussed ways to consolidate cooperation through the exploration of investment opportunities in agriculture, food, tourism, logistics, shipping and air transport.
February 20th, 2018 - 10:52 GMT

UAE Ministry of Economy Explores Agricultural Investment Opportunities With Ethiopia

The report ranked Egypt low in all areas related to the rule of law, including law enforcement, government powers and corruption. (File photo)
February 19th, 2018 - 07:00 GMT

Egypt 110 out of 113 Countries in Rule of Law: Report

About 12 Saudi and 9 UAE companies could potentially list on local exchanges in 2018. (AFP/ File)
February 19th, 2018 - 11:47 GMT

Saudi Arabia, UAE to Drive Middle East’s IPOs in 2018

The EDB’s record number of investments in 2017 represents a significant increase of 161% compared to 2016.
February 19th, 2018 - 10:45 GMT

Bahrain Attracts $733 Million New Investments in 2017: EDB

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