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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 skills in highest demand in 2018, which are likely to see an increase salary wise, are VAT expertise and digital. (File photo)
December 28th, 2017 - 08:00 GMT

Will Your Pay Hike Beat VAT in UAE?

Turkish Economy Minister Nihat Zeybekci said the country is expected to exceed its revised export target of $156.5 billion by the end of 2017. (AFP)
December 27th, 2017 - 11:06 GMT

Turkey’s Exports to Exceed Targets in 2017: Official

Inflation in Saudi Arabia is expected to pick up dramatically in 2018, with the implementation of VAT and new fuel prices. (Hassan Ammar/ AFP)
December 26th, 2017 - 12:22 GMT

VAT Is Coming: Saudis Brace For Rising Inflation In 2018

Beirut is filled with sparkly Christmas decorations, but to the dismay of many Lebanese merchants the streets are largely empty of holiday shoppers. (alexander_photography97/ Instagram)
December 26th, 2017 - 12:01 GMT

'People Aren’t Coming to Lebanon': Retailers Blame Political Situation for Drop in Sales

Oman has announced it will postpone the implementation of the value-added tax (VAT) until 2019. Kuwait could follow suit, experts say. (File photo)
December 26th, 2017 - 11:22 GMT

Oman to Postpone VAT Until 2019, Kuwait Could Follow

The Middle East's initial public offering (IPO) values were up 55 percent year-on-year, from $676 million to $2.1 billion in 2017, according to a report by global law firm Baker McKenzie. (AFP/ File)
December 24th, 2017 - 01:16 GMT

Middle East's IPOs up 55 Percent in 2017: Report

Dh17,500 will be the minimum salary of an Emirati employee with Sharjah government starting next year. (Pictured here: Sheikh Sultan Al Qasimi, Ruler of Sharjah/ WAM)
December 21st, 2017 - 02:27 GMT

Sharjah Ruler to Increase Salaries of Government Staff in 2018

The King Salman Humanitarian Aid and Relief Center (KSRelief) has already spent $8.2 billion on aid for Yemen since its opening in 2015, according to a report. (AFP/ File)
December 21st, 2017 - 09:58 GMT

Saudi Arabia to Set up $10 Billion Fund for Reconstruction in Yemen

Wawrinka and Raonic confirmed that they are not yet ready to compete following their respective time away from the game.
December 21st, 2017 - 08:32 GMT

Kevin Anderson and Andrey Rublev Replace Wawrinka and Raonic at Mubadala World Tennis Championship

A Tunisian woman holds a placard reading in French "Tunisia will remain standing" as she takes part in a protest on March 18, 2015 after an attack on the Bardo National Museum in Tunis. (Sofiene Hamdaoui/ AFP)
December 20th, 2017 - 03:21 GMT

Opinion: Will Tunisia's Economy Ever Be Good Again?

The number of expat workers in Saudi Arabia has gone down by about 62,000 by the end of the second quarter of this year since the application of the dependent fee. (AFP/ File)
December 20th, 2017 - 12:59 GMT

62,000 Expats Leave as Saudi Arabia Enforces Dependent Fee

Mariam Al Afridi was the only Arab to appear on the list, which is published annually and honors members of the marketing community who have delivered extraordinary work.
December 20th, 2017 - 10:59 GMT

Emirati Mariam Al Afridi Wins ‘Most Influential Global Marketing Leader’ Award

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