Economy

YemenExtra SH.A. Three Gulf states announced several changes in their fuel prices starting of this month(November). The UAE reduced gasoline prices by two types, bringing the price of premium gasoline to 2.03 dirhams per…

YemenExtra Asian shares stepped back from recent decade highs on Monday while major currencies held in tight ranges and oil jumped to a more than two-year . Oil prices hit their highest since July 2015 as Mohammed bin…

YemenExtra SH.A. Several Israeli companies have begun intensive talks with the Saudi Public Investment Fund to participate in the New City project, announced by Saudi Crown Prince Mohammed bin Salman a few days ago,…

YemenExtra Turkey’s banking regulator has dismissed a recent report that said some Turkish banks face heavy penalties from US authorities for alleged violations of Iran sanctions. The Banking Regulation and Supervision Agency (BDDK)…

YemenExtra US President Donald Trump has called for major tax cuts as part of a longstanding Republican effort to overhaul the US tax system. A framework released by Republicans calls for lowering the tax rate for corporations from 35% to…

YemenExtra mong the many reasons for taxi-app Uber's clash with regulator, Transport for London (TfL), is its use of “Greyball” a form of software devised, the company claims, to deny ride requests from “opponents who collude…

YemenExtra There has been a big rise in the number of working mothers in England over the past two decades, figures show. The Office for National Statistics (ONS) says 4.9 million women were working last year while looking after children…

YemenExtra Annuity sales have continued to dive two years after new rules allowed people to cash in their pension pot. Since 2015, those aged 55 and over have been permitted to withdraw 25% of their pension pot as a tax-free lump sum, and…

YemenExtra Saudi Arabia’s sovereign wealth fund, which is being transformed into a $2 trillion investment giant, hired Rashed Sharif as head of domestic investments, according to two people familiar with the matter. Sharif, previously…

YemenExtra Saudi Arabia has moved back up a notch in the race to supply oil to China, signaling its eagerness to compete for market share in Asia’s biggest crude consumer. The world’s largest oil exporter shipped almost 4 million tons…