Dubai / WAM The UAE has played an important role in the negotiations that led to an agreement to combat climate change, at the International Conference of the Parties in 2015 (COP21), in Paris, where countries pledged their commitment to reduce emissions and combat climate change. “This highlights UAE’s commitment in combating climate change, and achieving the United Nations Sustainable ...

Abu Dhabi / WAM The United States and the UAE have had an exceptionally close economic relationship for many years, said Shakir Y. Farsakh, Principal Commercial Officer at the US Consulate General Dubai. In an interview with Emirates News Agency (WAM), the US Commercial Attaché added, “Investment naturally follows trade and the United States and the UAE exchanged $24 billion in ...

Bloomberg French energy utility Engie SA faces a 120 million-euro ($139 million) tax bill after the European Union said it benefited from an unfair fiscal arrangement with Luxembourg. Concluding a state-aid probe into the tax affairs of Engie, the European Commission on Wednesday said Luxembourg selectively deviated from provisions of national law to help lower the tax bill for France’s ...