Saudi Arabia delays planned customs fee hikes for now

Riyadh: Saudi Arabia has delayed a wide-ranging increase to customs fees, a plan that had been questioned by citizens who worried it would overburden already hard-hit consumers. “The implementation of any change to fees has not begun,” the customs authority wrote on its official Twitter account, without clarifying if or when it would apply the […]

Dubai Diamond Exchange is back in action

Dubai: The Dubai Diamond Exchange (DDE) is back in full operational mode, including the issuing of tenders. “While we continue to navigate a global economic slowdown, we must also be prepared to bounce back,” said Ahmed Bin Sulayem, Executive Chairman and CEO, DMCC. “We have been diligent in our effort to ensure the Dubai Diamond […]