Category: Business

Abu Dhabi: The Securities and Commodities Authority (SCA) convened its inaugural meeting of 2025, chaired by Mohamed Ali Al Shorafa, Chairman of the Board, with the participation of Board members Faisal Yousuf Selaitin, Vice Chairman, Waleed Saeed Al …

Abu Dhabi: ADQ and Energy Capital Partners (ECP) have announced a groundbreaking agreement to establish a $25 billion investment partnership focused on new build power generation and energy infrastructure in the United States. The partnership, structu…

Abu Dhabi: The Central Bank of the UAE (CBUAE) has decided to maintain the Base Rate applicable to the Overnight Deposit Facility (ODF) at 4.40%. This decision aligns with the current monetary policy strategy and reflects the central bank’s response t…

Sharjah: The Federal Tax Authority (FTA) has intensified its awareness efforts to raise awareness of the need for natural persons who are subject to corporate tax to submit their corporate tax registration applications, before the end of March 2025, t…

Washington: The United States is exporting record volumes of normal butane as global demand for liquefied petroleum gases (LPG) surges, according to U.S. Energy Information Administration. U.S. normal butane exports averaged nearly 500,000 barrels per…

Beijing: China’s foreign exchange reserves reached nearly US$3.23 trillion at the end of February, marking an increase of US$18.2 billion, or 0.57%, from the end of January, according to official data.

According to Emirates News Agency, the rise in …

Abu Dhabi: The data released by the Statistical Centre for the Cooperation Council for the Arab Countries of the Gulf (GCC-Stat) indicates that the overall inflation rate in the Gulf Cooperation Council (GCC) countries rose by 1.7 percent at the end o…

Abu Dhabi: In an unprecedented journey across continents and time, Emirati seeds, collected and extensively studied at the International Centre for Biosaline Agriculture (ICBA), have reached the Arctic, where they are now securely preserved in the wor…