UAE among most active countries in Middle East in providing economic incentives
The Ministry of Economy has said that the UAE is among the most active countries in the Middle East and…
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Abu Dhabi's KBBO to come up with restructuring plan after taking a hit with NMC exposure
Abu Dhabi based investment group, KBBO, has appointed advisors to come up with a restructuring plan for its liabilities and…
UAE needs to bring in the ‘revenge’ spenders
On May 5, the Shanghai government introduced the “Double Five Shopping Festival”, scheduled to last for two months, providing mega…
Norton Rose Fulbright forced to quarantine Dubai staff after infection
Norton Rose Fulbright shut down its Dubai office for a fortnight after a staff member contracted COVID-19, but the firm…
CIB obtains $100m support loan from CDC
The Commercial International Bank – Egypt (has announced it has signed an agreement to obtain a $100m support loan from…
Saudi investors get chance to buy Amlak International shares
Amlak International shares went on sale to the Saudi public on Thursday in what is the Kingdom’s first initial public…
Saudi wealth fund rethinks plan to change $10bn loan terms
Saudi Arabia's Public Investment Fund has suspended plans to change some of the terms of a $10bn loan it raised…
Saudi Arabia can bridge budget gap through debt, says Citi Bank chief
Saudi Arabia has the capacity to help fund its budgetary needs during the COVID-19 crisis via a mixture of local…
Qatar’s diversified supply chain proven effective during pandemic, says Al Sayed
The economic impact of the COVID-19 pandemic has added a new stress to the global supply chain system which was…
S&P reaffirms Commercial Bank’s stable outlook
S&P Global Ratings reaffirmed on June 29th its stable outlook on Commercial Bank of Qatar, a short-term rating of A-2,…
This is how the future work place will look post COVID-19
The COVID-19 pandemic has highlighted the need for a workplace that focuses on well being, flexibility and the adoption of…
UAE's 47 billionaires control $163bln wealth, says report
The number of UAE billionaires as well as their wealth shrank in 2019 due to lower oil prices, weakening of…