Qatar Central Securities Depository registered QR600mn in treasury bills in June
The Qatar Central Securities Depository said yesterday that it registered QR600mn in treasury bills issued by the Qatar Central Bank …
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Kuwait’s budget crunch may push it to tap fund for life after oil
Kuwait, one of the world’s wealthiest countries, is in a budget crunch so severe that it may have to soon…
Qatar invests €25bn in Germany
Qatari investments in Germany were estimated at around €25 billion with more than 300 German companies operating in the Qatari…
Top five investment deals in the second quarter of 2020
The top five disclosed venture capital deals in the second quarter of 2020 amounted to $244.6 million, largely down to…
UAE banks can withstand shocks of any size, says regulator
The United Arab Emirates Central Bank said on Tuesday the country’s banking sector can withstand any scale of shock as…
Israel pushes back creation of sovereign wealth fund as gas revenue trickles in
Israel has pushed back the creation of a sovereign wealth fund because tax revenue from natural gas has not yet…
Oman Investment Authority reviews its financial position
The financial status of Oman Investment Authority and the performance of its investments within the Sultanate and abroad were reviewed…
Qatar Airways now requires passengers to wear face shields as well as masks
Qatar Airways has introduced a new regulation for all of its passengers - as well as wearing a face mask…
Top 10 Arab Family Businesses in 2020
In the Middle East, family businesses are the backbone of the region’s economy where some of the largest businesses are…
Saudi Arabia’s 6-point plan to jumpstart global economy
Saudi Arabia, in its capacity as president of the G20 group of nations, has unveiled a six-point business plan to…
COVID-19 relief: Dubai extends rent-free period for over 1,000 commercial tenants
Over 1,000 commercial tenants that employ 10,000 workers in Dubai, including small firms and entrepreneurs, will get another three to…
GCC banks’ profitability to decline by 20% this year: Moody’s
Twin challenges from the coronavirus outbreak and the drop in oil prices will severely dent profits of GCC banks this…