The United Arab Emirates (UAE) announced its withdrawal from the Organization of the Petroleum Exporting Countries (OPEC) as a result of the destabilization caused by the Iran-Contra conflict and its consequences in the Strait of Hormuz.
The lack of a strong stance from the Gulf bloc regarding the…
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United Arab emirates
Countries where cryptocurrencies are tax-exempt
Cryptocurrencies are an asset that continues to gain traction in the global market. By 2025, there will be five countries where these assets will be tax-free: El Salvador, the Cayman Islands, the United Arab Emirates, and Germany.
This…
OPEC+ members agreed to increase production
The recent decision by eight OPEC+ members to maintain the increase in crude oil production in May led prices to extend their previous losses.
On Thursday, April 3, Russia, Saudi Arabia, the United Arab Emirates, Kuwait, Iraq, Algeria,…
Abu Dhabi has the first university specializing in AI
Abu Dhabi inaugurated the first higher education center for artificial intelligence. It is the Mohamed bin Zayed University of Artificial Intelligence, headed by scientist Eric Xing.
The university is “one of the government's efforts in…