Gulf financial resilience to help ‘difficult’ recovery
The Gulf region is expected to face a difficult recovery from the economic shock of the coronavirus disease (COVID-19) pandemic,…
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Bringing the money back home
Contradicting previous expectations, Egyptian expatriate remittances from abroad recorded an increase of $3.3 billion in the first nine months of…
Qatar’s general PPI rises 4.9% in August: PSA
Qatar’s General Producer Price Index of August increased by 4.9% when compared with previous month, the Planning and Statistics Authority …
Gulf financial resilience to help ‘difficult’ recovery
The Gulf region is expected to face a difficult recovery from the economic shock of the coronavirus disease (COVID-19) pandemic,…
Turkish lira slides to record low amid Armenian tensions
The Turkish lira hit a record low on Monday amid growing concerns around clashes between Armenian and Azeri forces, while…
Egypt issues first green bonds in MENA
Egypt on Tuesday issued its first-ever green sovereign bonds, the first in the Middle East and North Africa, as part…
Abu Dhabi's Khalifa Fund launches 'SME Rating' classification
The Khalifa Fund for Enterprise on Development has come up with a digital classification system that will provide SMEs with…
Qatar participates in meeting on Financing 2030 Agenda for Sustainable Development
The State of Qatar participated in the virtual high-level meeting of heads of state and government on Financing the 2030…
Zain Saudi raises $1.6 billion Islamic loan
Mobile Telecommunications Company Saudi Arabia (Zain KSA) has raised a 6 billion riyals ($1.60 billion) loan to refinance existing debt…
Saudi giga project developers insist: 'We're not rivals'
Developers behind Saudi Arabia's multi-billion dollar giga projects have insisted they are not rivals and are working together to transform…
‘Relief rally’ pushes equity markets higher; bonds flat
Global equity markets surged and the dollar fell from two-month highs Monday as investors moved into the shares of beaten-down…
G20 backs Saudi Arabia’s circular carbon economy strategy
Energy ministers from the G20 group of leading economies have endorsed Saudi Arabia’s approach to managing harmful greenhouse-gas emissions in…