How Shein And Temu Are Reacting To Trump Tariffs
Chinese companies like Shein and Temu, which had been exporting duty-free, cheap shipments to the US, are no longer beneficiaries of such an exemption. As tariffs on Chinese goods are…
Chinese companies like Shein and Temu, which had been exporting duty-free, cheap shipments to the US, are no longer beneficiaries of such an exemption. As tariffs on Chinese goods are…
The reason the direct effects are minimal is because the main GCC exports to the US are hydrocarbons, which President Trump has exempted from duties. As the world complains of…
Intel will keep a 49% ownership in Altera, which it stated will allow it to participate in Altera’s expected recovery. Intel has agreed to sell a 51% share in its…
Chinese companies became extra prepared for the Trump 2.0 tariff battle after seeing the trade war during Trump’s first term. Chinese e-commerce companies are joining hands to help export-focused companies…
Al Ansari Financial Services has been dominating digital innovation in the financial services industry. Dubai-based Al Ansari Financial Services (AAFS), one of the leading integrated financial service groups in the…
Aramco planned to convert up to 4 million barrels of crude oil into petrochemicals daily by 2030. Plans are moving forward as Aramco, Sinopec, and Yasref agree to create a…
Saudi Arabia has invested billions of dollars through Public Investment Fund (PIF) to transform its sports landscape. When the world footballing body Federation Internationale de Football Association (FIFA) officially named…
GCC’s tech-savvy population and efforts taken towards economic diversification will pave the road for growth opportunities. Despite ongoing global economic turbulence, the Gulf Cooperation Council (GCC) region has shown resilience.…
Woodside said in a statement that this deal would reduce capital spending needs and would be a significant step towards a final investment decision on the Louisiana LNG plant. While the…
Lucid offered incentives to attract buyers away from less expensive hybrid cars, which were difficult to finance due to high loan rates. Electric carmaker Lucid posted a 58% increase in…