The strategy focuses on risk-based compliance, international cooperation, effective supervision, and disrupting illicit financial activities through improved data collection, analysis,...
- The Fed's benchmark lending rate currently sits at a 23-year high of between 5.25 and 5.50 percent, cooling demand in...
Riyadh, Saudi Arabia: The number of small and medium enterprises (SMEs) in Saudi Arabia increased by 25.6 percent to 892,063...The Riyadh region accounted for 35.4 percent of the total establishments, the Makkah region 21 percent and the Eastern region 12.7 percent.
Monsha’at report said that 81 percent of these establishments are classified as micro and small establishments.
Firms say construction of US plant to begin next year.Japanese auto giant Honda and South Korean battery maker LG Energy Solution announced a joint venture to invest $4.4 billion in a US electric car battery plant
The move comes after California last week ruled that all new cars sold in America's most populous state must be zero-emission from 2035
As part of the campaign, Beckham tours the country with several local personalities, exploring spice markets and street art in...As part of the campaign, Beckham tours the country with several local personalities, exploring spice markets and street art in the Gulf nation
The campaign will highlight Qatar’s potential as a destination for quick weekend getaways and stopover packages being offered to transit travellers
The hefty selling tracked a painful day on Wall Street, where all three main indexes tanked between three and four...Analysts said the chances of a third successive 75 basis-point increase next month had risen, with US Treasury yields surging
Tokyo, Sydney, Seoul and Taipei all fell more than two percent. Hong Kong, Shanghai, Singapore, Jakarta and Wellington were also well down
Sharjah acquired 67 percent of the new projects, while eastern region got 21 percent and the central region 12 percentSharjah acquired 67 percent of the new projects, while eastern region got 21 percent and the central region 12 percent
SMEs are a key player in the UAE's future development plans and a main pillar of its recovery efforts
If the apex banks focus too much on core inflation, it will be a big mistake. Food and energy will...Central banks have been very late to the inflation game as they have underestimated the effects of the stimulus during the pandemic, says an expert
Food and energy will be at the center of the crisis years with climate change and green transformation being inflationary in the years to come, he adds
- For the first time in more than five years, assets of Saudi Arabia's central bank have shot up to $535...
This translates to a month-on-month growth of 1 percent from the $528 billion in June
The central bank’s net foreign assets fell by $2.48 billion during July to $445 billion
The Lower House held an evening session on Sunday, chaired by Speaker Abdul Karim Dughmi.The Lower House held an evening session on Sunday, chaired by Speaker Abdul Karim Dughmi
The drafty law has 52 articles, as referred to by the House Economy and Investment Committee
- Prime Minister Yair Lapid said that Israel's "diplomatic fight" against the deal included its national security advisor and defense minister...
Israel says a deal would facilitate the funding of Iran-supported militants, while not preventing Tehran from developing a nuclear weapon
In 2018, then-US president Donald Trump unilaterally withdrew from the agreement designed to prevent Iran from developing a nuclear weapon
- Japan will use its place on the United Nations Security Council to push for an African seat on the top...
Japan was among five countries elected in June to hold a non-permanent seat on the UN Security Council for 2023 and 2024
Japanese PM also promised aid to train police officers and support "fair and transparent" elections across the continent
