Tokyo, Japan - Oil prices tumbled in early Asian trading Monday with dealers relieved that Israeli strikes carried out Saturday against...
- UN experts on Thursday accused the two sides in Sudan's civil war of using "starvation tactics" against 25 million civilians,...
MD and CEO of Dubai Electricity and Water Authority (DEWA) Saeed Mohammed Al Tayer received Consul-General of Canada to Dubai...Al Tayer emphasized DEWA’s keenness to consolidate cooperation and exchange expertise with Canadian companies.
The DEWA CEO highlighted DEWA’s key development projects and strategic initiatives, especially the technological projects.
Dubai, UAE---The UAE Federal Tax Authority (FTA) has announced that the new "EmaraTax" integrated platform will be launched later this...EmaraTax will significantly enhance the way that taxpayers can access the FTA’s services, pay their taxes and obtain refund.
The new platform also greatly enhances the ability of the FTA to administer taxes in the UAE.
- The exchange rate reached more than 5,000 Syrian pounds to the US dollar for the first time since the start...
The new unofficial rate means the currency is now worth almost 99 percent less on the black market than the official rate before the start of the conflict.
The collapse of the pound has driven up the price of goods and aggravated hardship.
Stock markets and oil prices slumped as investors grow fearful that more big interest rate hikes will tip economies into...Traders had hoped that bumper rate increases by the US Federal Reserve this year would begin to drag on the economy and slow runaway prices.
Chip manufacturers globally took a pounding from new US export controls.
The Ministry of Human Resources and Emiratization (MoHRE) of UAE announced that an 'Unemployment Insurance Scheme' for employees of the...The insured will be compensated with cash for a specific period of time if they lost their job until they find another employment
The compensation will be paid monthly, calculated at 60 percent of the employee’s subscription salary.
German Chancellor Olaf Scholz criticized US climate protection plans that would shield domestic companies from foreign competition, saying they could...European Union officials have in recent weeks spoken out against planned US tax credits for the domestic electric vehicle market.
South Korea has also voiced its displeasure, calling the new rules favoring American e-cars a "betrayal".
- The agency's report, published ahead of meetings of International Monetary Fund, the World Bank, and also of G20 finance ministers...
The UNDP warned that dozens of developing nations were facing a rapidly deepening debt crisis and that the risks of inaction are dire.
The UN agency said debt troubles had been brewing in many of the affected countries long before the Covid-19 pandemic hit
- Erdogan still hopes to bring Putin and Ukrainian President Volodymyr Zelensky together for truce talks that neither side particularly wants...
Erdogan has not yet commented on the mass Russian strikes across Ukraine on Monday, which killed at least 19 people and wounded more than 100
Turkish ForeigN Minister held a phone call with Ukrainian counterpart Dmytro Kuleba after the attacks, a Turkish diplomatic source said, without elaborating further
The UN and Oxfam have previously decried the unequal distribution of vaccines from richer Western countries to lower-income ones, particularly...Oxfam also found that two-thirds of countries failed to increase their minimum wage in line with gross domestic product
It delivered a withering criticism of most nations, arguing that the pandemic should have been a "wake-up call" to act on poverty in general
The week had already seen action taken by the BoE and UK government aimed at bringing calm to markets. The...In a statement, the BoE said the latest action would "act as a further backstop to restore orderly market conditions".
In more positive news, official data Tuesday revealed British unemployment fell to a near 50-year low at 3.5 percent
