Qatar ranked sixth internationally in economic performance in 2020
Qatar achieved the sixth rank out of 63 countries, mostly high-income countries, in Economic Performance in 2020 in The World…
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ADCB's digital, agile, and measured vision to graduate SMEs to corporate success
“Our vision is to create a most valuable & resilient banking franchise for SME customers in the UAE”- Bojan Djokovic,…
Saudi Shura Council to decide on appointing women as judges
Women could soon be appointed as judges in personal status courts in Saudi Arabia, according to local media reports. …
Saudi fund to offer SR3.7 billion to 500 plus small industrial firms
Saudi Arabia will offer a 3.7 billion riyal ($1 billion) stimulus package to support more than 500 small and medium-sized…
Qatar’s FDI inward stock exceeds $31bn in 2019: UNCTAD
Qatar's foreign direct investment inward stock exceeded $31bn in 2019, according to the latest "World Investment Report 2020" by United…
Lebanon struggles to take first steps out of deep financial crisis
Lebanon is struggling to take the first steps out of a deep financial crisis, with hopes of reforms getting under…
UAE becomes largest FDI recipient in the Middle East
Foreign direct investment inflow into the UAE jumped over 34 per cent to $14 billion (Dh51.4 billion) in 2019 as…
Egypt looking to raise over $1bln loan, taps UAE banks – sources
The Egyptian government is looking to raise a loan of more than $1 billion and has tapped lenders in the…
IMF gloom deepens over global outlook
The International Monetary Fund will likely forecast a worse contraction in the global economy than previously estimated for 2020 and…
Saudi fund launches $1bn pandemic stimulus plan to help industry
The Saudi Industrial Development Fund has launched a SR3.7 billion ($1 billion) stimulus plan to support industrial projects affected by…
KPMG: Saudi banks continue to be hyper-vigilant on credit underwriting, focus on asset protection
KPMG released the first edition of its Banking Pulse, a quarterly report in a series on recent developments in Saudi…
Women in the Middle East will soon hold $1 trillion in wealth
Women in countries across the Middle East are getting wealthier. At the current rate of growth, Boston Consulting Group (BCG)…