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Deutsche Bank profit down
Its net profit for the third quarter dropped to US$1.09bn.
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Empower H1 2023 revenue at $333m
The company’s EBITDA in H1 2023 was US$178 million. -
UAE, Tanzania sign pact to avoid double taxation
UAE and Tanzania have signed an agreement for avoiding double taxation and preventing tax evasion. -
EGA H1 2022 profit $1.61bn
Cast metal sales rose 11% compared to H1 2021. -
Agthia 2021 acquisitions worth $630m
The Group is planning a new acquisition in Egypt. -
Look: How Gulf inflation evolves in 25 years
GCC countries, like other nations across the world, are exposed to many economic challenges and risks such as higher prices of basic goods and services, introduction of new taxes, etc. -
Will corporate tax hit UAE businesses, consumers?
The new tax -- to be implemented in the UAE from 1 June 2023 -- comes at a time when speculations are rife that other Gulf countries might also impose taxes on economic sectors. -
Tunisia’s budget deficit narrows to nearly $1.3 billion at Sept end
Tunisia's budget deficit has narrowed to nearly 3.8 billion ($1.3 billion), at the end of September 2021, against 4.9 billion dinars, in September 2020, down 23 percent, local media reports said, citing Finance Ministry's budget data. The decrease in the budget deficit is due to the increase in budgetary resources...