CBO Board discusses impact of COVID-19 pandemic on economy
The implications of the fall in the oil prices and the impact of the COVID -19 pandemic on the financial…
Regulation, Risk & Compliance
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Agreement with IMF Revives Foreign Investment in Egypt
Investments by international funds and foreign investors in the Egyptian market has increased in recent weeks due to the $5.2…
EBRD and NBE boost private businesses in Egypt
EBRD US$ 100 million loan to support SMEs and private businesses in Egypt Additional US$ 100 million increase in the…
EBRD supports Egypt’s real economy through loan to CIB
EBRD US$100 million loan to support businesses in Egypt New financing to CIB key for swift economic recovery Part of…
Saudi Arabia starts $4bn tourism development fund
Saudi Arabia started a fund with an initial capital of $4bn to develop its tourism industry as the oil-rich kingdom…
Citrix announces back-to-office solution
As governments around the world ease their lockdowns, businesses must decide how, when and if to return their employees to…
Saudi Arabia's crown prince is trying to buy Newcastle United for $381 million. Here are all the major soccer teams owned by royalty.
Manchester City — bought in 2008 by Emirati Sheikh Mansour bin Zayed al-Nahyan. Sheikh Mansour is the prime minister…
Need to focus on cybersecurity, adopt AI to protect vital sectors: DFF
A series of reports from the Dubai Future Research, an initiative by the Dubai Future Foundation, DFF, anticipates the future…
Sharjah hires banks for $1bn sukuk sale
The emirate of Sharjah hired banks to raise as much as $1bn from international debt markets, joining wealthier Gulf states…
Turkish companies for first time use central bank’s yuan swap facility to cover import bills
Turkey’s central bank said on June 19 that it had used a Chinese yuan funding facility for the first time…
Covid-19 Versus the Policymakers
• COVID-19 hits new peaks as markets maintain high valuations • Engagement of policymakers leaves markets sanguine about the risks…
Emirates NBD Capital successfully closes Islamic Development Bank (IsDB)'s landmark USD 1.5 billion sustainability Sukuk
Emirates NBD Capital Limited has successfully closed Islamic Development Bank (IsDB)’s first ever USD Sustainability Sukuk. The bank acted…