Articles
UAE explores ways to bolster tax, trade and anti-money laundering policies
Plans are afoot to form a national team to study the impact of implementing company profit tax on federal fees
Energy transition requires a 'practical and realistic' approach, Dr Al Jaber says
The UAE aims to be a 'consensus builder' as it prepares to host Cop28 next year
Progress by Lebanese policymakers remains slow despite urgent need to act, IMF says
Completion of the reforms are essential for the fund's board to approve a $3bn bailout programme
Dubai launches robotics and automation programme
Initiative seeks to boost contribution of the sector to 9% of the emirate's GDP within 10 years
UAE working on initiatives to enable instant payments, Central Bank says
The banking regulator is also looking at improving the consumer protection framework in the country
Kuwait aims to boost natural gas output and 'can raise' oil production if required
The Gulf state, which currently produces 650 million cubic feet of gas per day, plans to increase it to one billion
Saudi inflation rises on higher food and transport costs
Education and housing expenses in the kingdom also increased on a yearly basis last month
Adnoc Refining to complete first phase of waste-heat recovery project by end of year
The project will increase power production and thermal efficiency at the Ruwais gas-fired plant by about 30%, with no additional carbon dioxide emissions
AD Ports buys majority stake in two Egyptian maritime companies
The deal is the Abu Dhabi company's first international acquisition
ADGM enhances insolvency framework with new rules for practitioners
New regulations aim to allow an increased number of insolvency practitioners to be active within the financial centre
Saudi Arabia to build three iron and steel plants worth $9.3bn
The kingdom aims to reduce imports in the sector and boost its manufacturing capabilities
China seen overtaking US as biggest travel and tourism market by 2032
Travel sector's contribution to global GDP is expected to grow at an average annual rate of 5.8% over the next decade, WTTC report finds
Adnoc awards $548m contract for gas line at Lower Zakum field
Contract will increase the field’s production capacity to 700 million standard cubic feet a day from 430 million
Oil rises as markets await Opec+ decision on output plans
The supergroup, which meets on Monday, could decide to cut production to balance the market
AGDM regulator fines five financial institutions for breaching reporting requirements
The penalties and administrative fees range from $8,169 to $32,403
