Economics
In 2023, Italian exports to the UAE were $7.22 billion; UAE exports to Italy were $1.57 billion
The package aims to boost innovation in taxes, enhancing SME empowerment and tax compliance
18 percent increase in international companies entering Saudi Arabia from outside MENAT
Spot gold experienced a slight increase of 0.1 percent, reaching $2,939.15 an ounce
West Texas Intermediate (WTI) crude futures increased by 0.7 percent to $70.92 per barrel
Non-oil trade between the two countries grew to $11.7 billion in 2023
The UAE imports 22 percent of Kuwait's non-oil exports, ranking third after China and U.S.
Markets are focusing on Friday's PCE report, the Federal Reserve's preferred inflation measure
West Texas Intermediate (WTI) crude futures fell 0.4 percent to trade at $69.97 per barrel
The UAE President thanked King Salman and Crown Prince for organizing the dialogue
Offering was priced at AED3.40 per share, roughly 43 percent above the IPO price of AED2.37 per share
