UAE allocates $5m to WTO’s Women Exporters In Digital Economy Fund
Dubai, UAE – United Arab Emirates on Sunday allocated $5 million to a $50 million fund launched Sunday ahead of...Economy
Sudan economy falls victim to war between rival generals
With most banks out of service, the only exchange rate that matters to ordinary Sudanese is on the black market,...Economy
ZATCA extends period of exemption of penalties for Saudi taxpayers
Saudi Arabia's Zakat, Tax and Customs Authority has extended the period of Cancellation of Fines and Exemption of Penalties Initiative...Saudi Arabia's Zakat, Tax and Customs Authority has extended the period of Cancellation of Fines and Exemption of Penalties Initiative for taxpayers
Penalties included in the ZATCA initiative cover exempting taxpayers from late registration in all tax systems, late payment of fines, etc
Europe’s inflation declines for first time in 17 months: EU agency
Boosted by soaring energy and food bills triggered by Russia's war in Ukraine, the rate of price increases had hit...Analysts had expected the inflation rate in the single currency area to fall but the drop was steeper than predicted
Among 19 countries that use the euro, Spain now has the lowest inflation rate, dropping to 6.6 percent compared to previous top performer France
Turkey’s economy to grow 5 percent in 2022: Poll
In 2021, Turkey's economy rebounded from the COVID-19 pandemic to grow 11.4 percent.In 2021, Turkey's economy rebounded from the COVID-19 pandemic to grow 11.4 percent
The Turkish Statistical Institute will announce Q3 GDP growth data at 0700 GMT on Nov 30
UAE, Cameroon non-oil trade exchange grows by 33.5% in last 10 years
Non-oil trade exchange between the UAE and Cameroon grew by 33.5 percent between 2012 and 2021, reaching $522 million by...The total non-oil trade exchange between 2012 and 2021 stood at $4.95 billion, according to figures of the Federal Competitiveness and Statistics Centre
Non-oil trade between the two countries reached $406 million in the first nine months of this year
Qatar Charity organizes events for its sponsored orphans around the world
The events aim to focus on the rights of the child and the duties of states and societies in order...The events aim to focus on the rights of the child and the duties of states and societies in order to protect and care for them
Sponsored children, including children with disabilities, participated in several activities in Pakistan, Bosnia, Djibouti, Yemen, Somalia, Albania, Tunisia, Kosovo, and Turkey
Saudi Arabia extends term of $5 billion deposit for Central Bank of Egypt
The Egyptian economy has been hard-hit by the coronavirus pandemic and the war in Ukraine.The Egyptian economy has been hard-hit by the coronavirus pandemic and the war in Ukraine
The package would allow Egypt to open '‘new financing channels with regional and international organizations''
UAE president waives over $146 million debt for 1,214 Emiratis
The Non-performing Debt Relief Fund will settle the money owed by Emiratis to 17 banks and institutions.The Non-performing Debt Relief Fund will settle the money owed by Emiratis to 17 banks and institutions
Al Suwaidi said that the waiver falls within the UAE leadership’s keenness to ensure a decent life for all UAE nationals
Qatar says ‘400-500’ workers died on World Cup projects
More than 400 migrant workers died in labor accidents in Qatar in the build up to the World Cup, according...Migrant workers make up more than 2.5 million of Qatar's 2.9 million population
Qatar has also introduced a minimum wage of 1,000 riyals ($260) and restricted hours in which workers can go out in extreme heat
OIC countries suffer US$63bn trade deficit in halal products; Turkey, Indonesia, Malaysia top exporters
The bloc's exports of halal products equaled US$275 billion, while their imports totaled US$338 billion last year, says the 2022...The bloc's exports of halal products equaled US$275 billion, while their imports totaled US$338 billion last year, says the 2022 Annual OIC Halal Economy Report
While OIC countries remain import reliant for the food, pharmaceuticals and cosmetics sectors, they are net exporters of apparel and footwear products, it adds
EU uncovers US$2.3-billion cross-border tax fraud
The EU announced the discovery of a sophisticated US$2.3-billion VAT tax fraud that triggered raids in 14 countries, including France,...Prosecutors uncovered a network of "criminal activities" operating in almost all 27 EU member states.
These activities also operated in Albania, Britain, China, Mauritius, Serbia, Singapore, Switzerland, Turkey, the United Arab Emirates and the United States.
