Resurgent South Africa joins Saudi Arabia on road to economic reform
South Africa is embarking on an ambitious economic reform agenda that shares striking similarities with Saudi Arabia’s own efforts to…
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Kuwait has no choice but to borrow to tackle deficit – audit body
Kuwait's State Audit Bureau said the government has no choice but to borrow to plug a growing deficit, but that…
External finance will remain elevated in MENA in 2021 despite narrowing deficits – IIF
The Institute of International Finance projects gross public external financing needs of the MENA region at about $100 billion in…
UAE's Mubadala builds its life sciences portfolio with investment in Envision Pharma Group
Mubadala Investment Company, in cooperation with a consortium of investors, has participated in the completion of an investment deal in…
Lebanon gets more time to meet audit demand by creditors
Lebanon has three more months to provide data for a forensic audit of the central bank after failing to meet…
Qatar Credit Bureau receives 2 ISO certifications for cybersecurity, business continuity
The Qatar Credit Bureau has received two ISO certifications for cybersecurity systems as well as business continuity, after it successfully…
GWC celebrates Qatar Sustainability Week
GWC has celebrated Qatar Sustainability Week with the use of electronic Falcon Scooters. These scooters are being used at the…
QSE index surges over 162 points
Qatar Stock Exchange index surged 162.51 points, or 1.67 percent yesterday to close at 9,889.46 points, helped by strong buying…
UAE – 25.5 billion dirhams, equity gains … and 600 million…
Stocks strengthened their gains for the second consecutive session, at the end of the weekend session, after its market capital…
Saudi VAT increase: What are the long-term implications?
In a sudden decision, Saudi Arabia announced that from July 1, it would be hiking its value added tax (VAT)…
Abu Dhabi introduces PPP regulations to support private sector investment in infrastructure
Abu Dhabi hit a significant milestone recently when it issued new Public-Private Partnership (PPP) Procurement Regulations. The new regulations…
Central Bank emphasises impact of Mohamed bin Zayed’s constant support during COVID-19 crisis on UAE’s current economic recovery
The Central Bank of the UAE, CBUAE, emphasised the importance of the significant efforts of His Highness Sheikh Mohamed bin…