UAE private sector growth remains strong on higher demand
The UAE’s non-oil private sector continued to report strong output growth in November, with the Purchasing Managers’ Index (PMI) rising…
Trading, Broking & Stock Exchanges
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Court cuts penalty in Dhs1.4m scam bid
A banker who connived with a gang trying to swindle Dhs1.4m iron supports from a trading company has won a…
Banks stable on resilient profitability, solid funding
Underpinned by a steadily recovering economy, strong capital base, resilient profitability and solid funding, the outlook for the UAE banking…
Kuwait 'eyes big private sector role in infrastructure projects'
Oxford Business Group (OBG), a top global research and consultancy firm, has released a new report looking in detail at…
Qatar-UK talks commit to boosting trade
The second session of the Qatar-UK Joint Ministerial Commission on Economic, Commercial and Technical Cooperation kicked off here yesterday, to…
Will cheaper oil grease the wheels of global growth? – Coutts
The shrinking cost of ‘black gold’ could help keep prices low, boosting household spending, bolstering the economy and benefitting investors.…
SEC inks revolving credit facility deal with 8 banks
Saudi Electricity Company was confirmed to have finally inked with eight foreign banks a revolving credit facility deal, at a…
How Dubai offers the most comprehensive package to aspiring entrepreneurs
Entrepreneurship has become one of the primary pillars of Dubai’s ambitious development plans. By embracing disruptive technology and innovation,…
Egypt's state banks helping to support currency – bankers, economists
Egypt’s central bank has enlisted the help of state-owned commercial banks to keep the Egyptian pound from weakening against the…
UAE among top 40 in Global Prosperity Index
The UAE was the only Arab country to rank among the top 40 most prosperous countries in the world in…
Remittances: Filipino expats in UAE save, send home Dh5.5 billion in 9 months
Filipino expatriates in the UAE have managed to save and send home nearly $2 billion in cash so far this…
Egypt falls for fifth day, banks boost Qatar
Egypt's blue-chip stock index fell for a fifth straight day on Monday, while Saudi Arabia edged up as oil prices…