Banque Misr keeps monthly return on saving certificates at 11%
The Assets and Liabilities Committee (ALCO) at Banque Misr decided on Thursday to keep the interest rate or return on…
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TCS takes full control of all-women BPO center in Riyadh
TCS and GE jointly established an all-women business services centre in Riyadh back in 2013 – aimed at promoting workforce…
Saudi, UAE, and GCC banks facing major pressures in 2021
Here below are sourced financial reports analyzing Saudi, UAE, and GCC banking’s performances in 2020 and what’s expected for 2021…
EBRD, DEG and GEF promote private-to-private solar energy in Jordan with Yellow Door Energy
EBRD, DEG and GEF lend Yellow Door Energy a total of US$ 31.2 million senior secured loans for the development,…
Burgan Bank appoints Kholoud Redha AlFeeli as Group Head of Corporate Communications
Burgan Bank has announced the appointment of Mrs. Kholoud Redha Al-Feeli as Group Head - Corporate Communications. She will…
Law firm praises Saudi Arabia tax amnesty extension
A senior tax lawyer has praised Saudi Arabia’s decision to extend the tax amnesty for international companies to June 30.…
Saudi Arabia selected to chair key IMF committee
Maher Mouminah, the executive director representing Saudi Arabia at the International Monetary Fund, has been selected to chair the organization’s…
UAE’s Sky Abu Dhabi plans $950m Egypt investment in next two years
Sky Abu Dhabi, the real estate subsidiary of the UAE-based Emirati Diamond Group, will invest 15 billion Egyptian pounds ($950…
UAE sees increase in hiring levels for first time in a year
The UAE has experienced an uptick in employment levels for the first time in a year, according to the latest…
Kuwait taps wealth fund as cash dries up
Kuwait’s government has transferred the last of its performing assets to the country’s sovereign wealth fund in exchange for cash…
CMA planning to launch XBRL disclosure portal
The Capital Market Authority is preparing to launch XBRL disclosure portal through organising introductory workshops for the regulated entities about…
JRE, Kilinc Law & Consulting, Al Sulaiti Law Firm sign MoU
Just Real Estate, Al Sulaiti Law Firm and Kilinc Law & Consulting signed a Memorandum of Understanding (MoU) on cooperation…