October 2024

HONG KONG: The United Arab Emirates, represented by the Federal Tax Authority (FTA), participated in the 5th Forum on Cooperation between Tax Administrations for the Belt and Road Initiative, which was held in Hong Kong.

The three-day forum was atten…

ABU DHABI: Khalifa Fund for Enterprise Development announced its support for eight Emirati businesses at the highly anticipated Auto Moto Show 2024, the largest automotive event in the Middle East and North Africa.

Taking place from 3rd to 6th Octobe…

RAS AL KHAIMAH: Ras Al Khaimah Economic Zone (RAKEZ) and China’s Tianjin Pilot Free Trade Zone (Tianjin FTZ) entities entered into a landmark partnership to strengthen economic ties and foster cross-border opportunities between Ras Al Khaimah and Chin…

ABU DHABI: Abu Dhabi Future Energy Company PJSC (Masdar) announced the release of its annual Sustainability Report, including a significant expansion of its clean energy capacity and resulting impact on CO2 avoidance, as well as plans for growth throu…

ABU DHABI: The Abu Dhabi Investment Office (ADIO), in collaboration with the Abu Dhabi Agriculture and Food Safety Authority (ADAFSA) and the Department of Municipalities and Transport (DMT), is inviting businesses owned by Emirati citizens and regist…

ABU DHABI: Abu Dhabi National Energy Company PJSC (TAQA) announced today the successful pricing of an aggregate US$1.75 billion in 7-year and 12-year dual-tranche senior unsecured notes.

The 12-year notes, sized at US$850 million and maturing on 9th …

KUWAIT: The price of Kuwait oil went down by 74 cents to US$74.66 per barrel on Thursday, compared to US$75.40 pb the day before, said the Kuwait Petroleum Corporation (KPC) on Friday.

According to Kuwait News Agency (KUNA), the price of Brent crude …

ABU DHABI: The family credit in the UAE banking sector reached approximately $115 billion last year, according to the latest statistics from the Arab Monetary Fund.

The Fund reported that family credit in the Saudi banking sector stood at around $331…