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A look into the government’s new tax system
The new tax system will see just two or three entities assume charge of collecting taxes and fees
Chinese sovereign bond yields drop to their lowest since 2009 amid demand slowdown and as property market crisis enters fifth year
Developers in the country have defaulted on USD 130 bn bonds since the crisis began — including USD 15 bn…
BoJ and BoE keep rates unchanged as central banks strike cautious tone on inflation
The UK, Japan — and possibly China — choose caution amid uncertainty
EU approves the disbursement of EUR 1 bn to Egypt
The package marks the first phase of a EUR 5 bn set of concessional loans running through 2027
Fed cuts rates by another 25 bps, signals slower easing cycle next year
Officials expect two rate cuts in 2025
Hassan Allam Utilities secures USD 40 mn facility for renewables projects
PLUS: CIRA Education has appointed BDO Keys Financial Consulting to prepare the fair value study
OpenAI is on a spending spree
After raising USD 10 bn last year, the company spent most of it in just 18 months
M&A activity rebounds with USD 3.5 tn in transactions in 2024, ending two-year decline -Bain
The Middle East saw inbound and domestic M&A activity surge 88% y-o-y
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