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Business from Friday, November 29th, 2024
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UAE gains observer status in Eurasian Group to combat money laundering
The UAE has officially joined the Eurasian Group on Combatting Money Laundering and Terrorist Financing (EAG) as an observer, making it the first country in the region to achieve this status.
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WTO chief Okonjo-Iweala reinstated for second term as trade wars loom
World Trade Organisation (WTO) chief Ngozi Okonjo-Iweala was reappointed for a second term at a special meeting on Friday, the trade watchdog said, meaning her tenure will coincide with US President-elect Donald Trump's second administration.
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Ukraine imposes first wartime tax hikes
President Volodymyr Zelenskiy signed into law on Thursday Ukraine's first wartime tax increases as the war against Russia reaches its 34th month.
