Picture used for illustrative purpose only.
China’s factory activity picked up pace in June, official data showed on Tuesday, although analysts warned weak global demand and a potential coronavirus resurgence are weighing on its longer-term recovery.
Oil futures rose on Friday on course for a fourth weekly gain boosted by supply constraints and a weaker dollar and despite sources saying China is set to release crude reserves around the Lunar New Year.
China said it would cut the amount of cash that banks must hold as reserves for the second time this year, releasing about 500 billion yuan ($69.8 billion) in long-term liquidity to prop up the faltering economy.
The Federal Tax Authority (FTA) has specified timeframes for Taxable Persons subject to Corporate Tax to apply to register with the FTA and avoid being in violation of tax laws.
Masdar Arlington Energy, a subsidiary of Abu Dhabi Future Energy Company - Masdar, has broken ground at the sites of two new battery energy storage system (BESS) projects in the UK.
Dubai Taxi Company (DTC) has expanded its fleet with the acquisition of 94 new licence plates in the latest auction hosted by the Roads and Transport Authority (RTA),