Tax

Crude oil prices dip to $66.24, near two-week highs amid U.S.-China tariff optimism

Expectations of a significant increase in U.S. oil inventories tempered optimism in the market for now

Dubai gold price today falls AED3.25 amid easing trade tensions

Positive developments in U.S. trade policy are diminishing the appeal of gold in the short-term

Goldman Sachs cuts U.S. recession forecast to 35 percent, raises 2025 GDP growth to 1 percent

The revision follows a landmark agreement between the U.S. and China will lower tariffs for 90 days

Crude oil prices drop to $64.83 amid supply concerns, U.S.-China trade deal

U.S. and China cut tariffs temporarily, boosting markets but leaving uncertainties unresolved.

Dubai gold prices rise AED6.25, global rates hover near over one-week low

U.S. and China announced tariff reductions, boosting global shares and altering market dynamics

U.S. and China ease trade tensions with 90-day deal, tariffs cut by over 100 percent

Tariff news boosted dollar and markets, alleviating economic downturn concerns

UAE FTA offers relief from penalties for late corporate tax registration

Late submission of tax registration applications now eligible for penalty waivers within specified deadlines

China slashes interest rates, injects $138 billion liquidity to counter U.S. trade tensions

U.S. and Chinese officials prepare for crucial talks in Switzerland to ease trade tensions 

Trump introduces 100 percent tariff on foreign films: “We want movies made in America again”

Uncertainty remains on how tariffs will affect streaming services and box office revenues 

BNY Mellon secures regional headquarters license in Saudi Arabia

New RHQ will enhance operations and services across the Middle East 

Tesla stands behind Musk as CEO despite speculation of leadership change

The Board emphasizes confidence in Musk's ability to execute the company's growth plans 

GCC countries contribute over 35 percent of all emerging-market U.S. dollar debt in Q1 2025, Fitch reports

Primary market dollar issuance shows promise despite recent quietness in the GCC region