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Business & Management

Saudi Arabia?s King Salman bin Abdulaziz Al Saud. (Photo: Wikimedia Commons)

At an investment conference, Saudi Arabia also signed deals worth more than US$50bn in sectors including oil, gas and infrastructure

Masdar has signed a green RCF with four local and international banks to drive sustainability goals. (Image source: Forgemind ArchiMedia/Flickr)

Masdar, Abu Dhabi renewable energy company, has signed a green revolving credit facility (RCF) with four local and international banks to provide funding for new and ongoing investments in its global clean technology and sustainable real estate projects

Khalid Al-Falih, Saudi Arabia?s energy minister. (Image source: World Economic Forum/Flickr)

Saudi Arabia has invested US$133.3bn in industrial, service and logistics projects and contracts in its efforts to cut dependence on oil and in diversifying the national economy

On 30 September, the UAE Cabinet approved a 17.3 per cent rise in the UAE Federal budget for 2019 compared to this year. (Image source: Paolo Rosa)

The introduction of value-added tax (VAT) will substantially strengthen and diversify the UAE government revenues in the coming years, according to a recent statement released by the International Monetary Fund (IMF)

HH Sheikh Mohammed chairing the UAE Budget 2019 session. (Image source: WAM)

HH Sheikh Mohammed bin Rashid Al Maktoum, Vice-President, Prime Minister and Ruler of Dubai, has approved a zero-deficit federal budget of US$49bn for the next three years (2019-2021)

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