Lebanon creditors could face 75% haircut in narrow recovery path – Goldman Sachs
Lebanon bond investors could see their holdings slashed by 75%, Goldman Sachs said, should the newly formed government solve losses…
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UAE Central Bank starts to withdraw COVID-19 stimulus measures
The Central Bank of the UAE will begin to gradually unwind stimulus measures introduced to mitigate the economic slowdown caused…
How Saudi Arabia's top 10 banks performed in the second quarter
Global management consulting firm Alvarez & Marsal has released its second quarter analysis of the state of Saudi Arabia's banking…
Mohamed Khedr appointed managing partner of Akhom Consulting
Akhom Consulting, a boutique hospitality consultancy firm, has named Mohamed Khedr the new managing partner of its Middle East operation. …
EBRD and J.P. Morgan support women entrepreneurs in Istanbul
Ten high-potential, women-led micro and small businesses in Istanbul selected Companies will receive advisory support and training to grow their…
Bahrain among region’s top start-up ecosystems
Bahrain’s start-up ecosystem has emerged as a leading regional challenger, second only to Amman in Jordan, according to new research.…
Govt companies in Oman urged to be self-sustaining
All the government companies will have to stand on their own feet and not be dependent on the state’s general…
Oman sets up task force to study cryptocurrencies
A high-level task force is currently studying the complete gamut of issues encompassing the economic advantages – as well as…
Egypt CIRA’s OGM nods to cash dividends distribution
Cairo for Investment and Real Estate Development (CIRA) announced that its ordinary general meeting (OGM) has approved the board’s proposal…
Abu-Ghazaleh Calls For Establishment Of ‘Arab Accounting Compliance Law’ By An Arab Consortium
HE Dr. Talal Abu-Ghazaleh, founder and chairman of Talal Abu-Ghazaleh Global (TAG.Global), called for the establishment of an Arab taskforce…
Lebanon banks under fire as PM promises audit
The conduct of Lebanese banks amid the country’s worsening economic crisis has been defended by Salim Sfeir, head of the…
Central Bank of UAE projects 4.2% GDP growth in 2022
The Central Bank of UAE has projected the UAE GDP growth at 2.1 per cent for 2021 and 4.2 per…