Economy
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UAE working on national investment strategy: Minister
The United Arab Emirates is working on developing a national investment strategy, its recently appointed investment minister, Mohamed Al Suwaidi,…
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Tobacco giant sees sunset for US cigarette business
The maker of Lucky Strike and Pall Mall cigarettes says its smoking business in the US is dying out. British…
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AOG Technics: UK fraud body makes arrest in aircraft parts probe
The Serious Fraud Office (SFO) has launched a criminal investigation into suspected fraud at a UK-based aircraft parts supplier. Investigators…
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EU to delay tariffs on UK electric cars until 2027
Tariffs on electric vehicles traded between the UK and EU will be delayed for three years, the European Commission has…
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Saudi Arabia to grant 30-year tax breaks to companies moving HQs to Riyadh
Saudi Arabia announced on Tuesday it would grant a 30-year tax relief break to multinational companies establishing their regional headquarters (RHQ)…
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Will curbs to migration hit the UK economy?
The UK government has unveiled measures that it says will lead to the biggest ever cut in net migration. Home…
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China’s debt outlook downgraded as economy slows
The risks from China’s debt pile are mounting as the country grapples with an economic slowdown and property crisis, a…
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Amid building world’s biggest oil pipeline, Uganda announces energy transition plan
As activists across COP28 on Tuesday raised the pitch on Africa’s development of oil-and-gas resources, the landlocked East African nation…
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Ryanair denies passengers must pay to download boarding pass
Ryanair has said reports of a change to its charging policy are false and that passengers have never been asked…
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Gold price hits record high as bets on interest rates shift
Gold prices have hit a new high, while the value of Bitcoin has also surged. The gains come as traders…
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