UAE launches Dh30 billion programme to stimulate vital sectors
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, approved the Emirates Development…
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Abu Dhabi's Al Hail Holding completes buy of Allied Investment Partners
Abu Dhabi based Al Hail Holding has completed the buy of Allied Investment Partners, which will now launch new products…
Egypt, Japan sign MSME facility agreement worth $100m
Egypt’s Banque Misr, the Japan International Cooperation Agency (JICA), and Sumitomo Mitsui Banking Corporation (SMBC) signed a loan agreement worth…
UAE: Sheikh Mohammed launches Dh30 billion initiative to boost economy
The Ruler of Dubai on Monday announced a new strategic programme to boost vital sectors in the country. Under…
Emirates Development Bank to allocate $8 billion for vital companies
The state-run Emirates Development Bank plans to allocate 30 billion dirhams ($8.17 billion) in the coming years to support companies…
Bravura appoints EMEA business development director
Bravura Solutions Limited has announced the appointment of Christine Kiener as Business Development Director for Europe, Middle East and Africa…
UAE central bank issues best practice rules for financial p
The Central Bank of UAE released new regulations for small to medium-sized enterprises (SMEs) aimed at promoting "best practices among…
Why Lebanon ran out of money and what it can do now
Over the past two weeks the Lebanese pound has lost more than 20 percent of its value against the dollar…
Consumer confidence highest since 2015, says Dubai Economy
The first quarter of 2021 saw consumer confidence in Dubai rising to its highest level since the second quarter of…
Saudi Arabia, Iraq to establish a $3bln joint fund -joint statement
Saudi Arabia and Iraq agreed to establish a joint fund, with an estimated capital of $3 billion dollars, as a…
Saudi Arabia's banking sector is ripe for further consolidation
Building on the rebound seen in the second half of 2020, merger & acquisition activity in Saudi Arabia’s banking market…
CBO launches 67th issue of government development bonds
On behalf of the government of Sultanate of Oman, represented by the Ministry of Finance, the Central Bank of Oman …