US indices were near record highs two hours into the Wall Street session with all eyes on an incoming earnings...
In its latest annual report on the outlook for oil demand, OPEC sees global oil demand rising by 18.6 percent...
Cairo, Egypt-- Egypt is looking to resume exports of liquefied natural gas exports by October, according to the country's petroleum...Egypt uses the gas at home during summer months when the temperatures are high, but in winter months it has excess levels of gas available for export
El Molla said that summer exports surged last year because the government switched from using natural gas in power stations to mazut fuel oil
Abu Dhabi, UAE - The conditions determining taxable and exempt persons, corporate tax rates and tax periods. were highlighted at...Key topics covered during the workshop include the Small Business Relief designed to support start-ups and other small or micro businesses
The topics also included corporate tax in free zones; determination of taxable income; transitional rules; taxable businesses and business activities of individuals
Amchît, Lebanon--In a pristine patch of Lebanon's north coast, a rare marine visitor has fueled opposition to a seafront development, in...The country's seafront at many places remains dotted with formal and informal structures and developments, some of them abandoned
Once sighted everywhere, monk seals are now considered endangered by the International Union for Conservation of Nature due loss of habitat
Dubai, UAE - The UAE has witnessed 135 percent year-on-year (YoY) growth with AED 49.25 billion ($13.37 billion) project announcements...The surge in project awards is equally impressive, rising from $9.10 billion to $13.36 billion
The figures underscore the significant investments being made in the UAE's infrastructure development
Cairo, Egypt-- The UAE and Egypt are looking to ramp up cooperation in the fields of higher education and scientific...The Egyptian minister noted the depth of the ties across all levels between the two countries, especially in scientific, cultural and educational fields
The UAE official applauded the relations between the UAE and Egypt, noting the latter's role in the education field and stressing UAE's resolve to deepen ties
Abu Dhabi, UAE - Khaled Mohamed Balama, Governor of the Central Bank of the United Arab Emirates (CBUAE) discussed ways...Balama and Georgieva discussed efforts by the IMF and central banks toward enhancing the integrity of the financial system and supporting global economic growth
The CBUAE's ambitious agenda for green financing, aligned with the UAE's strategy for sustainable economic growth and financial stability, was also a key topic of discussion
The two sides endorsed a comprehensive joint statement that called for the boosting of political and strategic ties and strengthening...Both sides stressed the need for regional and international security and promotion of renewable energy sources
Pledges were made to invest in sectors like green economy, digital economy, innovation and green technology
"AI development is now outpacing Moore's Law and moving at breakneck speed, and governments are unable to keep up. This...AI's rapid development is outpacing Moore's Law, presenting a wake-up call for global governments, says UAE minister Omran Sharaf
The minister advocates for "optimistic realists" who balance between assessing threats and leveraging opportunities presented by AI
- Earlier this year, the two countries signed a Comprehensive Economic Partnership Agreement with the aim of boosting trade to $40...
The non-oil intra-trade between the two nations amounts to over US$103 billion from 2013 to 2022.
This includes imports valued at US$56 billion, exports exceeding US$35 billion, and re-exports totaling over US$12 billion.
The deal is worth US$266 million (SAR1.27 billion).SALIC is fully owned by the Public Investment Fund.
Brazilian firm BRF is a global leader in the poultry sector.
