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HM's greetings conveyed to President of Kazakhstan
HM's greetings conveyed to President of Kazakhstan

Observer

time2 hours ago

  • Business
  • Observer

HM's greetings conveyed to President of Kazakhstan

ALMATY: President Kassym-Jomart Tokayev of the Republic of Kazakhstan, received Sultan bin Salim al Habsi, Minister of Finance and his accompanying delegation, as part of his official visit to the Republic of Kazakhstan. During the meeting, the minister conveyed the greetings of His Majesty Sultan Haitham bin Tarik along with his best wishes to the president and further progress and prosperity for Kazakh people. During the visit, an agreement was signed on double taxation and the prevention of fiscal evasion with respect to taxes on income and capital between the two sides. Investment opportunities were also discussed to increase trade volume in the fields of logistics, mining and food security. Aspects of cooperation in the financial sector were also discussed, as well as investment cooperation related to the oil sector with the Kazakh side. This visit comes within the framework of enhancing cooperation between the Sultanate of Oman and the Republic of Kazakhstan, with the aim of fostering bilateral relations in the economic, financial and investment fields. The minister of finance accompanied a delegation comprising several officials from the Ministry of Commerce, Industry and Investment Promotion, the Tax Authority and the Oman Investment Authority, to discuss areas of cooperation and enhance relations between the Sultanate of Oman and the Republic of Kazakhstan. — ONA

Official Visit: Saudi FM Arrives in Damascus
Official Visit: Saudi FM Arrives in Damascus

Leaders

time4 hours ago

  • Business
  • Leaders

Official Visit: Saudi FM Arrives in Damascus

Saudi Arabia's Foreign Minister Prince Faisal bin Farhan arrived today, May 31, in Damascus on an official visit to Syria, along with a high-level economic delegation, according to the Saudi Press Agency. Promising Visit The Kingdom's delegation consists of Royal Court Advisor Mohammed bin Mazyad Al-Tuwaijri, Vice Minister of Finance Abdulmuhsen bin Saad Alkhalaf and Assistant Minister of Investment Dr. Abdullah Aldubaikhi. Deputy Foreign Minister for Economic and Development Affairs Abdullah bin Zarah and other several officials from various sectors are also part of the delegation. Saudi FM and Syrian FM During the visit, Prince Faisal is set to hold talks with Syrian President Ahmed al-Sharaa. Meanwhile, the Saudi delegation will hold a consultation session with their Syrian counterparts to explore new horizons for joint action. These talks and discussions seek basically to support Syrian economy and achieve the aspirations of Syrian people. Saudi-Syrian Relations Saudi Crown Prince and Syrian President In February, Syrian President visited Saudi Arabia and expressed his intentions to build strong ties with Arab and Western governments. Such relations have unfolded a new chapter for Syria's diplomatic relations after the collapse of the Assad regime in December 2024. New Era Saudi Crown Prine Mohammed bin Salman, US President Turmp and Syria's interim President Ahmed Al-Sharaa during Trump's Gulf tour. Since the fall of Al-Assad, the new Syrian government has been attempting to build strong relations with Western countries in order to alleviate the harsh sanctions of US and its allies imposed during Asaad's rule. Importantly, the US and the UK have recently lifted sanctions on Syria, allowing the new government to build its economy and welfare. Currently, the new government seeks to restore relations with Western and Arab countries as well as establish new diplomatic relations to boost its stability and security. Related Topics: Cyprus Grants Financial Support to Syrian Families to Resettle Erdogan Holds Talks with Syria's Sharaa in Istanbul Syria on Brink of Full-Scale Civil War, Warns Rubio Short link : Post Views: 127

Saudi foreign minister arrives in Damascus for official visit, economic talks with Syrian leadership
Saudi foreign minister arrives in Damascus for official visit, economic talks with Syrian leadership

Saudi Gazette

time9 hours ago

  • Business
  • Saudi Gazette

Saudi foreign minister arrives in Damascus for official visit, economic talks with Syrian leadership

Saudi Gazette report DAMASCUS — Saudi Foreign Minister Prince Faisal bin Farhan on Saturday arrived in the Syrian capital Damascus on an official visit, accompanied by a high-level economic delegation. During the visit, Prince Faisal is scheduled to meet with Syrian President Ahmed Al-Sharaa, as part of Saudi Arabia's ongoing diplomatic efforts to support Syria's reconstruction and regional reintegration. The accompanying economic delegation will also hold consultation sessions with their Syrian counterparts to explore avenues for joint cooperation that would strengthen Syria's economy, support government institution-building, and address the aspirations of the Syrian people. The high-level Saudi delegation includes Mohammed Al-Tuwaijri, adviser at the Royal Court; Deputy Minister of Finance Abdulmohsen Al-Khalaf; Assistant Minister of Investment Dr. Abdullah Al-Dubaikhi; and Abdullah bin Zaraa, Deputy Foreign Minister for Economic and Development Affairs. Senior officials from various sectors are also part of the delegation.

Elastic price target lowered to $90 from $105 at TD Cowen
Elastic price target lowered to $90 from $105 at TD Cowen

Yahoo

time9 hours ago

  • Business
  • Yahoo

Elastic price target lowered to $90 from $105 at TD Cowen

TD Cowen analyst Andrew Sherman lowered the firm's price target on Elastic (ESTC) to $90 from $105 and keeps a Hold rating on the shares. The firm said Cloud revenues slightly missed Street, the first miss since 4Q23. FY26 revenues guide of 12% below Street of 14%, in part due to US Fed weakness seen in 1Q. Management believes this is de-risked but Cowen thinks this will need to be proven out. Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See Insiders' Hot Stocks on TipRanks >> Read More on ESTC: Disclaimer & DisclosureReport an Issue Elastic price target lowered to $110 from $135 at Wedbush Elastic price target lowered to $92 from $109 at Cantor Fitzgerald Guggenheim lowers Elastic price target, recommends buying on weakness Elastic price target lowered to $115 from $125 at Baird Elastic price target lowered to $112 from $140 at Stifel Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

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