Thailand is planning a massive stimulus package to boost its economy.
The country’s finance minister has announced that more than USD $10 billion (AED 36.7 billion) will in injected into various sectors.
The package will include support for farmers and tourism.
Thailand, which is Southeast Asia's second-largest economy, is targeting GDP growth of at least 3 per cent this year and 3.5 per cent in 2020.
ADNOC and partners to develop mega gas project
Abu Dhabi's Supreme Council for Financial and Economic Affairs (SCFEA) has awarded the concession for the development and production of the Bab Gas Cap project to ADNOC and a group of international energy partners.
Bank fined AED 20 million for repeated regulatory failures
The UAE Central Bank (CBUAE) has fined a branch of a foreign bank AED 20 million for repeated failures in its anti-money laundering and counter-terrorism financing controls.
UAE announces Retail T-Sukuk subscription details
The Ministry of Finance has announced the subscription period for the UAE’s first-ever Sovereign Retail T-Sukuk Programme, offering individual investors a new government-backed investment opportunity that complies with Islamic Shariah principles.
Dubai tops global greenfield FDI rankings fifth year in a row
Dubai has topped global rankings for attracting greenfield foreign direct investment (FDI) projects for the fifth consecutive year.
Tata Electronics hit by cyber breach claiming to expose Apple, Tesla trade secret
Tata Electronics said on Monday it had detected a recent 'cybersecurity incident', after researchers said World Leaks posted purported component design and specification papers of Apple and Tesla, both customers of the Indian group.
The UAE has expressed its solidarity with Venezuela after two powerful earthquakes wreaked havoc in and around the capital Caracas, trapping several people beneath the rubble of collapsed buildings and setting off powerful aftershocks.
Dubai government employees will once again benefit from flexible working arrangements this summer, as the 2026 edition of the 'Our Flexible Summer' initiative comes into effect from June 29 to September 10.
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has met with US Secretary of State Marco Rubio, who visited the UAE as part of a wider Middle East tour.
