CBO issues treasury bills worth OMR71 million
Oman’s central bank raised OMR71 million by way of allotting treasury bills on Tuesday. The treasury bills are for…
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UAE and Saudi budgets revealed: Which nation is richest in the Middle East?
UAE's budget has been announced to be slightly lower than last year's while Saudi's preliminary budget was anticipated to be…
Saudi Arabia’s PIF Continues to focus on Acquisitions in the Indian Private Sector
Saudi Arabia’s Public Investment Fund is continuing to focus on acquisitions in the Indian private sector. It recently invested…
GCC governments can save billions if they adopt AI
The art of artificial intelligence (AI) could help optimise a variety of government functions in the Middle East, generating economic…
Qatar, Kazakhstan to boost trade ties
Minister of Commerce and Industry, H E Ali bin Ahmed Al Kuwari, received yesterday, in his office Kazakhstan’s Minister of…
QNB sponsors annual Qatar Sustainability Week
QNB Group, the largest financial institution in the Middle East and Africa, has announced its sponsorship for Qatar Sustainability Week…
Supporting fintech: UAE Central Bank issues new regulation on stored value facilities
The Central Bank of the UAE has issued a new regulation on Stored Value Facilities to ensure that SVFs and…
Aramco makes $11.8bn in third quarter as economic activity improves
Saudi Aramco, the world’s biggest oil company, reported a better performance in the third quarter of 2020, but was still…
Egypt and Italy discuss third phase of debt swap program
Egypt and Italy discussed the third phase of a debt swap program and the projects implemented within its framework, as…
Bank of Israel Circular on banking transactions with the UAE
Following the execution of the Abraham Accords Peace agreement between the United Arab Emirates and the State of Israel in…
Abu Dhabi Global Market Partners With Companies House Gibraltar
Abu Dhabi Global Market signed a Statement of Co-operation (SoC) with Companies House Gibraltar on 19 October 2020. It is…
Nasdaq Dubai welcomes listing of USD 600 million Sukuk by Islamic Corporation for the Development of the Private Sector
Capital has raised will support private sector activities within the 55 member countries of the Islamic Corporation for the Development…