05/28/2020
Turkey adopted an asset ratio rule in response to the pandemic forcing private banks to lend more and buy more government bonds, while its sovereign wealth fund injected 21 billion lira ($3 billion) into state banks.
05/28/2020
Much like other free zones operating in the emirate, the ‘Dubai Commercity’ will offer benefits such as no corporate tax, no income tax, 100 percent foreign ownership, full repatriation of capital and profit, and no currency restrictions.
05/28/2020
Many jobs and new industries will be created as part of a new post Covid-19 economy in the UAE, according to Gargash Group MD and CEO Shehab Gargash
05/28/2020
The lender’s LTFC IDR has been affirmed at 'B+'
05/27/2020
Under the agreement, Qatar Terminal Limited (QTL) - a QP subsidiary - will subscribe to the equivalent of almost 3mn tonnes per annum of the terminal’s throughput capacity for a term up to 2035.
05/27/2020
Safety precautions will be of prime importance as the businesses resume activities
05/27/2020
Sentiment eases as Dubai economy reopens, but indices pull back early gains
05/27/2020
The FSDP will achieve this ambition by enabling financial institutions to support private sector growth, ensuring the formation of an advanced capital market, and promoting and enabling financial planning, without impeding the strategic objectives intende
05/27/2020
Security professionals across the Middle East must educate employees about the rise in coronavirus-related cybercrime and how to avoid placing their organisation at risk, says Werno Gevers, cybersecurity specialist, Mimecast.
05/26/2020
Until March 31 the PIF announced investments worth between $7 and $8bln
05/26/2020
As well as staying at home, social distancing also applies to publicly shared devices, like point of sale terminals and checkout counters.
05/26/2020
Economic data is getting better at least to the extent that the surprises are no longer as bad as they were.
05/25/2020
Human activity is threatening the delicate balance between the climate and biosphere.
05/22/2020
Those in travel, real estate, hospitality to feel maximum impact, Dubai Chamber poll finds
05/22/2020
The recent VAT relief measure that allows taxpayers to voluntarily disclose historic omissions and errors without incurring penalties should be considered and any relief sought prior to the disclosure deadline of 30 June 2020.
05/21/2020
The company’s name was inspired the birth of Rana’s son
05/21/2020
Kuwait’s extreme dependence on oil is to blame, with hydrocarbon sales accounting for an estimated 90% of total government income.
05/20/2020
This classification was based on the aggregation of a number of data, including growth forecasts for the current year, as the country is likely to witness a contraction of 1.1%
05/20/2020
This will have obvious implications on how the economies can manage the crisis on the one hand
05/19/2020
The huge rise in government spending sets a major challenge for governments when they turn into each new year.