Qatar trade surplus at QR9.1bn in November
Qatar’s foreign merchandise trade balance, which represents the difference between total exports and imports, showed a surplus of QR9.1bn in…
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Fitch affirms Doha Bank rating at ‘A’, with stable outlook
Fitch Ratings has affirmed the Doha Bank’s IDRs, Support Rating (SR), and Support Rating Floor (SRF) with Stable Outlook, reflecting…
Saudi Arabia eyes bigger overseas investments in industrial, services sectors: minister
Saudi Arabia is looking to boost its overseas investments and expand its global footprint in several sectors including industrials and…
Dubai’s Empower awards $380m in construction contracts, up 23% since 2019
Dubai’s Emirates Central Cooling Systems Corporation awarded construction contracts worth $380 million in 2020, a year-on-year increase of 23 percent.…
Turkey: Banking sector net profit at $7.4B in Jan-Nov
Turkey’s banking sector posted a net profit of 57.3 billion Turkish liras ($7.37 billion) in the first 11 months of…
Burgan Bank's working hours during New Year's Holiday
Burgan Bank has announced that it will be officially closed on Sunday 3/1/2021 during the New Year’s Holiday and will…
Ten Ways Covid-19 Has Changed the World Economy Forever
Economic shocks like the coronavirus pandemic of 2020 only arrive once every few generations, and they bring about permanent and…
EBRD and TSKB support Turkish medical equipment producer Asset Medikal
€1 million joint loan to scale up production in response to coronavirus outbreak EBRD-TSKB in partnership to ease access to…
Gulf economies have handle on this crisis
The world is leaving behind an intensely difficult year, during which the quality of life deteriorated at all levels due…
Bahrain central bank asks banks to extend loan repayments for six months more
Bahrain's central bank has asked banks and financing firms to extend loan repayments for six more months from January, as…
Kingdom launches digital economy policy to accelerate digital economy growth
Saudi Arabia has announced the launch of Kingdom’s digital economy policy aimed at supporting national economic development, increasing the Kingdom’s…
2021 Global Networking Trends Report: business resiliency takes center stage
Businesses around the world experienced unprecedented long-term disruption to their operations almost overnight due to the Covid-19 pandemic. In…