Dubai, UAE -- The United Arab Emirates has continued to attract global companies looking to establish regional or global headquarters....
Riyadh, Saudi Arabia -- Saudi Arabia’s non-oil exports rose by 17.8 percent in the second quarter of 2025, according to...
Dubai, UAE – The United Arab Emirates and the Organization for Economic Co-operation and Development (OECD) on Wednesday hosted regional...Global Minimum Tax involves application of a top-up tax on profits when the effective tax rate is below the minimum rate of 15 percent
The forum included a workshop on Pillar 2 of the OECD-led Base Erosion and Profit Shifting Project and the Global Anti-Base Erosion Rules
While speaking at the International Government Communication Forum in Sharjah, he emphasized that it's essential to regulate technology and overall...In a world where technology dominates daily life, the need for digital transformation to empower various sectors is undeniable
It's essential to regulate technology and overall policies to ensure cybersecurity and ethical AI use, highlights a top UAE official
- Washington, United States - Consumer inflation in the United States picked up in August for a second straight month, according to...
The consumer price index (CPI), a key inflation gauge, jumped 3.7 percent from a year ago, picking up pace from July's 3.2 percent figure
The Federal Reserve has lifted the benchmark lending rate rapidly since March last year to tamp down demand and sustainably lower inflation
Abu Dhabi, UAE - The Arab Monetary Fund said Wednesday that global credit card fraud losses incurred by financial institutions...The losses increased substantially by 13.8 percent compared to the previous year, WAM reported.
The report urges financial institutions to foster cooperation by sharing data and pooling resources in their fraud detection efforts.
The IEA said world oil demand remains on track to grow by 2.2 million bpd to 101.8 million bpd this...The warning comes a day after oil prices jumped following OPEC's own update
Saudi Arabia and Russia said that they would extend voluntary cuts until the end of the year
Beijing, China--China on Wednesday denied there was any ban on officials purchasing or using foreign phones, including iPhones, after reports said...Foreign ministry spokesperson said that China has not issued any laws, regulations, prohibiting the purchase and use of foreign brand smartphones, including iPhone
In the wake of reports about significant Chinese restrictions on iPhones at government offices and state-backed entities, Apple shares tanked sharply last week
Abu Dhabi, UAE-- Looking to exchange expertise and explore potential synergies in hydrogen and carbon trading, an industry workshop was...The UAE's Ministry of Energy and Infrastructure (MoEI) and Germany's Federal Ministry for Economic Affairs and Climate Action (BMWK) organized the workshop
During the presentation, the UAE gave a peek into its carbon trading outlook and voluntary carbon markets, as well as showcasing the design of its carbon market
Ajman, UAE-- The value of construction contracts in the emirate has exceeded $1.01 billion during the first half of 2023,...The department said the contracts' value rose from the last two years, noting that in 2021 it was $517 million, and in 2022 it reached $571 million
The emirate provides conducive environment for investment projects, and attracts tourists and visitors from both inside and outside the country
Abu Dhabi, UAE - The financial wealth of United Arab Emirates (UAE) is anticipated to experience a Compound Annual Growth...The equities and investment funds in the UAE continue to make up the largest asset class at 58% of total personal wealth in 2022
A sizeable portion of the UAE's financial wealth, approximately 25%, originated from UHNW individuals worth more than $100 million
- Vienna, Austria--The Organization of the Petroleum Exporting Countries (OPEC) has confirmed that the UAE's economy grew by 3.8 percent in...
The UAE's economic expansion, according to the OPEC report, will continue, noting that the key sectors of the country's economy have posted significant growth
The report highlighted the sectors that posted growth were transportation and storage (10.9%), construction (9.2%), and accommodation and food services (7.8%)
