Latest Politics & Economics Stories

Last Updated: Mon, Feb 8 2016 | 3:51 PM |
UAE plans to trim ministries, outsource most gov't services - Sheikh Mohammed
Politics & Economics»

UAE plans to trim ministries, outsource most gov't services - Sheikh Mohammed

Monday, 8 February 2016 7:51 PM

"The new government will have a smaller number of ministries and more ministers to deal with national and strategic issues," says Dubai Ruler

Politics & Economics»

Algeria enacts reforms

Monday, 8 February 2016 12:23 PM

The Algerian government has passed a reform package to strengthen democracy with measures such as an independent electoral commission and recognition of the roles of women and youth in society.

Politics & Economics»

Egypt’s tourism declines

Monday, 8 February 2016 12:22 PM

Tourists used to enjoy quad biking in Egypt, but after the crash of a Russian passenger plane crashing into the Sinai Peninsula, about 1 million tourists visited Egypt in November and December, down 41 percent from last year, according to data compiled by Bloomberg.

UAE, India target $100bn of trade as Abu Dhabi crown prince prepares for state visit
Politics & Economics»

UAE, India target $100bn of trade as Abu Dhabi crown prince prepares for state visit

Monday, 8 February 2016 11:57 AM

Sheikh Mohamed bin Zayed Al Nahyan is visiting New Delhi and Mumbai between February 8-10

Iran says Peugeot to pay $446m in sanctions compensation
Transport»

Iran says Peugeot to pay $446m in sanctions compensation

Monday, 8 February 2016 9:37 AM

Peugeot suspended sales in 2012 when an international boycott against Iran due to its nuclear programme was extended to the automobile sector

Saudi, Venezuela hold 'productive' talks on stabilising oil market
Energy»

Saudi, Venezuela hold 'productive' talks on stabilising oil market

Monday, 8 February 2016 8:50 AM

Iran is reluctant to restrain crude supply as it wants to recover the market share it lost during sanctions that were imposed in 2012 because of its nuclear programme

Major MidEast bourses dragged lower by weaker oil, global equities
Politics & Economics»

Major MidEast bourses dragged lower by weaker oil, global equities

Sunday, 7 February 2016 7:58 PM

Saudi erases Thursday's gains, while Dubai slides in weakest volume since Jan 10

Saudi King Salman calls for others not to interfere in kingdom
Politics & Economics»

Saudi King Salman calls for others not to interfere in kingdom

Sunday, 7 February 2016 7:58 PM

Rebuke appeared to be aimed at Iran, which Riyadh accuses of destabilising Arab states and spreading sectarianism by backing militias in other Arab countries

Saudi may scrap local partner provision for foreign firms – report
Politics & Economics»

Saudi may scrap local partner provision for foreign firms – report

Sunday, 7 February 2016 5:35 PM

High-profile committee considering dramatic move as kingdom puts focus on more FDI

Qatar will act to maintain liquidity if needed, says bank chief
Politics & Economics»

Qatar will act to maintain liquidity if needed, says bank chief

Sunday, 7 February 2016 3:00 PM

Sheikh Abdullah bin Saud al-Thani said the central bank was still pursuing an "easy monetary policy stance" and that he did not think liquidity had become tight

Dubai Aerospace sees 30-35 aircraft deals in 2016, mostly from Iran
Transport»

Dubai Aerospace sees 30-35 aircraft deals in 2016, mostly from Iran

Sunday, 7 February 2016 3:00 PM

Iran agreed with European manufacturers last month to purchase up to 158 aircraft but these could take a few years to be delivered

UAE says ready to send ground troops to Syria
Politics & Economics»

UAE says ready to send ground troops to Syria

Sunday, 7 February 2016 2:59 PM

Minister of State for Foreign Affairs Anwar Gargash says real campaign against ISIL has to include a ground force

53% of young Omanis jobless after graduation
Jobs»

53% of young Omanis jobless after graduation

Sunday, 7 February 2016 2:43 PM

Survey by Ministry of Higher Education found that low oil prices and hiring freezes are damaging 2015 graduates’ prospects

Revealed: why the UAE government is struggling to reform insolvency law
Politics & Economics»

Revealed: why the UAE government is struggling to reform insolvency law

Sunday, 7 February 2016 2:43 PM

Proposed new law faces delays as officials fight to overcome entrenched cultural attitudes towards corporate distress

Politics & Economics»

Donor conference raises $11bn for Syria

Sunday, 7 February 2016 12:29 PM

World leaders including British Prime Minister David Cameron and German Chancellor Angela Merkel gathered for the fourth annual donor conference – 'The Supporting Syria And The Region' London 2016 Conference’ – in an attempt to raise £6.2bn GBP to those affected by the war in Syria.


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