KSA offers 30-year tax holiday for global corporations as regional HQ program fuels investment boom
The approaching 1 Jan deadline has seen investments on headquarters hit $242m in the first nine months of 2023 alone,...Business Economy
Russian oil price cap partially successful
LONDON, UK - A Western price cap imposed a year ago on Russia's oil has had limited success with Moscow increasingly...Business Economy Energy Geostrategy Global
Dubai airshow participants optimistic about post-Covid recovery
Technologies, solutions that can help the aviation sector to overcome the Covid-19 crisis showcased Sheikh Ahmed bin Saeed Al Maktoum,...
UAE ranks high on global govt development indices
The first globally on the Absence of Bureaucracy Index The second globally on the Adaptability of Government Policy Index The...
Draft budget for 2022-2026 reviewed
The meeting explored the projections of federal cash flows for 2022 The fiscal policies governing financing of capital projects also...
Innovation hub to make Dubai economy future-ready
The hub is an integral part of the roadmap for an innovation-driven growth in Dubai The facility, a part of...
Fresh call for proactive bid to revive aviation industry at Dubai Airport Show
New technologies recommended to reassure passengers of lasting safety There is talk of issuing a Vaccine Passport to boost global...
S&P forecast: GCC funding needs will fall to 5 percent of GDP in 2021
60 percent of the deficit relates to the region's largest economy, Saudi Arabia S&P predicts central government deficits will reach...
Digital transformation boosts data economy growth in UAE: Report
 Data economy on track to become one of the largest economic sectors globally The report suggests stepping up collaboration among...
No jurisdiction to decide Suez Canal claims: Egyptian court
The court refers the dispute between the Suez Canal Authority and Ever Given to a lower court The ship company...
IMF moots coverage of climate change in assessment reports
Action on climate change forms a part of the IMF’s 2021 Comprehensive Surveillance Review A few Directors underline need to...
Double Taxation Agreement between UAE, Jamaica
The agreement will foster cooperation between the tax authorities in the UAE and Jamaica Objectives of the bilateral tax agreement...
