Speaking on the first day of MC13, WTO Director-General Ngozi Okonjo-Iweala highlighted a need to "reform the multilateral trading system"...
- Beijing, China--China's commercial vehicle sales soared 79.6 percent year on year to 324,000 units in January, according to industry data....
Spread over 120,000 square meters of area, the facility which is to construed by L&T aims to create crucial equipment...L&T is to build the region’s first Heavy Wall Pressure Vessels facility at Jubail Industrial City
More than 20 MoUs were signed under the Namaat program of Aramco in September 2021
It is part of a strategy to help DFM reach the AED3-trillion markTecom is said to have 10 business communities that offer infrastructure, regulations, and a support network to help businesses set up operations
These business communities include Dubai Internet City, Dubai Media City, Dubai Design District, and Dubai Industrial Park
- Around 22.26 million shares were sold for €400 each.
L'Oreal said in a statement it would cancel the shares, which represent 4 percent of its capital
The French group's shareholders will see their shareholdings increase due to the buyback, L'Oreal said
The UAE’s newly-announced working week will not have any negative impact on the UAE and Gulf countries’ business relations, say...The UAE has become the first country in the world to introduce a working week that is shorter than the global five-day week.
The transition to the four-and-a-half-day working week is expected to help enhance work-life balance and social well-being.
The deal creates the Aramco Gas Pipelines Company.The subsidiary Aramco Gas Pipelines Company will lease usage rights in Aramco’s gas pipelines and lease them back to Aramco for 20 years
In return, it will receive a tariff payable by Aramco for the gas products that will flow through the network
- The 36-year-old Briton and his Dutch rival, who is 12 years younger, have for the large part treated each other...
The 36-year-old Briton and his Dutch rival, who is 12 years younger, have for the large part treated each other with respect
But after 20 races, the equivalent of driving from New York to London, the pair head to Yas Marina with their relationship seemingly at its lowest point
The first phase of electronic invoicing in Saudi Arabia has begun, affecting all taxpayers liable to VAT in the Kingdom...The Kingdom's first phase of electronic invoicing has begun, affecting all VAT payers
Purchasing with tax invoices and failing to notify the Authority of any fault will result in a fine of 10,000 Riyals
- “Automotive semiconductor supply chains are complex,” said Gaurav Gupta, research vice president at Gartner. “In most cases, chip makers are...
The on-going chip shortage is primarily with mature semiconductor technology node devices that are fabricated on smaller 8-inch wafers
Semiconductor chip foundries, such as TSMC and Samsung, have provided access to cutting-edge manufacturing processes
- Moody’s has forecast a stable outlook for GCC banks during the next 12 to 18 months, primarily due to economic...
“Banks’ asset quality will remain high, even as non-performing loans rise slightly as repayment holidays expire”
GCC governments have ample capacity to support banks in a crisis remains very high, thanks to large sovereign wealth funds
Saudi Arabia signed deals with Oman valued at $30 billion, state media said Tuesday, as Crown Prince Mohammed bin Salman...Saudi and Omani companies "signed 13 memoranda of understanding worth $30 billion", the official Saudi Press Agency reported
According to SPA, he will also visit the United Arab Emirates, Bahrain, Kuwait, and Qatar
