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…
Coronavirus
765 articles found
Reasons why many investors are turning to social bonds amid COVID-19
The coronavirus pandemic has encouraged more investors to put their money in financial instruments that can have positive social outcomes.…
Coronavirus impact: Legal disputes rise in UAE as firms struggle to meet contractual obligations
Legal disputes in the UAE have spiked since the outbreak of coronavirus as businesses are unable to meet their contractual…
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…
Covid-19 Versus the Policymakers
• COVID-19 hits new peaks as markets maintain high valuations • Engagement of policymakers leaves markets sanguine about the risks…
Egypt finances SME sector from its $6.2 billion support initiative
Egypt has included small and medium-sized enterprises to its $6.2 billion financing initiative to help support the industrial, agricultural and…
Moody's revises outlook to negative on eight UAE banks
Global ratings agency Moody’s on Friday had changed its outlook to negative from stable for eight UAE banks amid the…
Middle East IPO market faces subdued outlook for rest of 2020
Despite enjoying a strong first quarter, the initial public offering (IPO) market in the MENA market is set to face…
COVID-19: Looking for a trip in the Middle East? These are your options
Hotels have ramped up hygiene, archaeological sites have been sanitized and beaches cleaned up -- Egypt is gearing up to…
Turkey could emerge stronger from coronavirus crisis, EBRD President says
Turkey among countries to gain the most from supply chain diversification, EBRD says Upgrade of Customs Union with EU would…
Saudi fund launches $1bn pandemic stimulus plan to help industry
The Saudi Industrial Development Fund has launched a SR3.7 billion ($1 billion) stimulus plan to support industrial projects affected by…
Lebanon struggles to take first steps out of deep financial crisis
Lebanon is struggling to take the first steps out of a deep financial crisis, with hopes of reforms getting under…