Saudi Arabia: 21.5% Saudisation in the private sector
Recent statistics revealed an increase in the rates of Saudisation in the private sector during the third quarter of this…
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Saudi Arabia sees ‘strong rebound’ in foreign investor licenses
A total of 306 new international companies were granted investor licenses in Saudi Arabia in the third quarter of 2020,…
Abu Dhabi Securities Exchange lists Zee Stores on its second market
Abu Dhabi Securities Exchange has announced that Zee Stores P.J.S.C, has listed its shares on ADX’s Second Market under the…
The top 6 best companies to work for in Egypt 2020 revealed
Astrazeneca, Lundbeck, Parkville Pharmaceuticals, MSD Animal Health, Johnson & Johnson and Teleperformance are recognized as the top 6 best places…
TAWAL adopts smart towers using Internet of Things to manage its infrastructure efficiently
TAWAL has recently signed an agreement with MachinesTalk the leading national provider of Internet of Things (IoT) solutions, under which…
Qatar keen on establishing cashless society with fintech focus: QFC
Qatar is focused on establishing a cashless society as the role of fintechs surges in the post-pandemic world economic recovery…
Morocco plan to repay IMF credit hints at economic turnaround
Morocco pledged to soon repay part of a $3bn International Monetary Fund credit facility, suggesting the kingdom’s economy may have…
Lebanon to ask consultants to resume central bank audit
Lebanon’s caretaker finance minister said it would contact a consulting firm to resume a forensic audit of the central bank,…
Turkey’s economy in 2021 built on 2020’s legacy
The pandemic struck world economies no doubt faced two different seasons on the economy front in 2020. Governments watched their…
Saudi Arabian Banks Face Heightened Pressure
The operating environment for Saudi Arabian banks has been more challenging since 1Q20 due to the impact of the pandemic…
Abu Dhabi bank unveils personal finance education initiative
Abu Dhabi Islamic Bank (ADIB) has launched an initiative to boost personal finance education among its customers and the wider…
Most major Gulf stocks rise; Qatar slips
Most major stock markets in the Gulf recovered some losses on Tuesday, a day after registering steep declines caused by…