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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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Share prices scroll across a screen hanging in a Paris stock exchange. (Eric Piermont/ AFP)
July 4th, 2017 - 12:00 GMT

European Stocks Tumble on North Korea's Missile Test Announcement

Job creation has stagnated in the UAE’s non-oil private sector, according to a report by Emirates NBD. (File photo)
July 4th, 2017 - 08:14 GMT

How's the UAE Job Market Doing? Not so Well, According to This Report

Turkey's annual inflation rate falls to a four-month low, according to a report. (File photo)
July 3rd, 2017 - 11:29 GMT

Turkey's Inflation Falls to Four-Month Low in June: Report

The new tax came into force on Saturday. (AFP/ File)
July 3rd, 2017 - 10:43 GMT

Saudi Arabia's Residents Feel the Pinch of New Expat Tax

Traders monitor screens displaying stock information at Qatar Stock Exchange in Doha on June 5, 2017. (Reuters)
July 3rd, 2017 - 09:10 GMT

Qatar Exchange Drops 4 Percent as Gulf Deadline Looms

The Goods and Services Tax (GST) will launch in India on July 1. (AFP)
July 2nd, 2017 - 11:12 GMT

Meet the Man Responsible for India's GST Implementation

Eng. Mahmood Al Bastaki, CEO of Dubai Trade
July 2nd, 2017 - 05:41 GMT

Dubai Trade Launches LogiGate Smart App for Land Transportation and Warehousing

Egypt has announced up to 55 percent increase in fuel prices effective June 29, 2017. (AFP/ File)
June 29th, 2017 - 09:48 GMT

Egypt Cuts Fuel Subsidies, Raises Prices by up to 55 Percent

Divisions over proposed taxes to finance public sector's salary hikes in Lebanon might delay or even scuttle the motion. (AFP/ File)
June 29th, 2017 - 07:09 GMT

Lebanon: Divisions Over Taxes Delaying Salary Hikes for Public Sector

Qatar’s currency is under pressure. (Reuters)
June 29th, 2017 - 06:35 GMT

Global Banks, Exchanges Refusing Qatari Riyals Amid Crisis

The workers from Bangladesh, India, Pakistan and Nepal have been left without accommodation and money. (AFP/ File)
June 29th, 2017 - 12:17 GMT

Saudi Arabia: Migrant Workers Stranded as Qatari Bosses Are Forced to Leave

More than 230,000 residents have been displaced and at least 390 people, mostly militants, have been killed in Marawi since May 23, 2017. (AFP)
June 29th, 2017 - 12:01 GMT

Philippines Receives $7.3 Million in Arms From China for Fight in Marawi

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