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130 countries agree a minimum global tax rate of 15 percent; OECD
The Organization for Economic Co-operation and Development (OECD) said in a statement that nearly 130 countries have signed on to a two-pillar initiative to...
Dubai Economy honors 27th ‘Business Excellence Award’ winners
Dubai Economy hosted an online ceremony under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of...
World Bank, IMF set up advisory group on sustainable, inclusive growth
The World Bank and the International Monetary Fund (IMF) formed a High-Level Advisory Group (HLAG) to advise on sustainable recovery strategies for the global...
G7 pledges 870mn COVID-19 vaccine doses; Half by 2021 end
A senior UN official praised the determination of the Group of Seven (G7) leading industrialized nations to share at least 870 million doses of...
IRENA, China join forces to attain the carbon neutrality goals
The International Renewable Energy Agency (IRENA) and the People's Republic of China's National Energy Administration (NEA) have agreed to work together to strengthen cooperation...
G7 nations are close to a breakthrough global tax deal of at least 15%
The Group of Seven (G7) rich nations are on the verge of seeking to overcome long-standing differences and enter into a landmark deal to...
Saudi Arabia is planning to raise $55bn from privatization plan; Finance Minister
Saudi Arabian Finance Minister Mr. Mohammed Al-Jadaan has stated that the Kingdom intends to raise $55 billion from its privatization plan, including $16.5 billion...
World Tourism Organization opens ME’s 1st regional office in Saudi Arabia
The World Tourism Organization (UNWTO) has launched its first regional office in the Middle East, bringing the UN specialized agency closer to its Members...
