Anger and frustration as COP28 draft text omits fossil fuel phaseout
The draft text for a COP28 climate deal that does not include the phasing out of fossil fuels has drawn
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Emerging markets
Turkey Says No Rush to Finalize Sweden’s Bid to Join NATO
Turkey Says No Rush to Finalize Sweden’s Bid to Join NATO Bloomberg ‘You Have Congress, I Have Parliament’: Erdogan Plays Hardball
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Saudi Arabia offers 30-year tax relief plan to lure regional corporate HQs
The announcement is the latest move in Saudi Arabia's aggressive campaign to attract international investment and headcount to the kingdom.
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Ray Dalio hails the Gulf’s ‘renaissance states’ amid a period of ‘greater disorder’ globally
The Bridgewater Associates founder highlighted the United Arab Emirates specifically, speaking during a CNBC panel at Abu Dhabi Finance Week.
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Argentina’s Milei says shutting central bank ‘non-negotiable’
The comments come as the outsider libertarian economist races to put together his team ahead of taking office on Dec.
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Emirates announces $52 billion order for 95 Boeing aircraft
Both Boeing and Airbus have highlighted the Middle East region as a major source of demand for wide-body aircraft. Source
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Emirates Group posts record half-year profit of $2.7 billion
The earnings beat was driven by strong demand for international travel as the industry continues to recover from the Covid-19
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Turkey Opens First Foreign Bank Branch in Somalia in 50 Years
Turkey’s Ziraat Katilim opened a branch in Somalia, becoming the first international bank to operate in the country in more
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Saudi Arabia is serious about its Jan. 1 deadline for companies to move regional headquarters to Riyadh — or lose out on government contracts
It's holding on to its ultimatum that foreign firms need to base their regional headquarters in the kingdom or be
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