Currency Collapse Heaps More Misery On Lebanese As Prices Skyrocket
Lebanese pound loses more ground against the US dollar, adding to the misery of the growing number of people struggling ... Read more
Appetite Grows For Office Return As Coronavirus-fuelled 'Zoom Fatigue' Bites
Analysts say rumours of the demise of the traditional office space appear to have been greatly exaggerated Read more
Credit Agricole Exits Saudi Arabia With $386m Fransi Sale
About 48.3m shares were sold at 30 riyals each as the stock closed at 32.20 riyals on Sunday Read more
UAE-based NMC Healthcare Placed In Administration
Move will allow group to secure additional $325m financing facility, while protecting the business from creditor action Read more
Revealed: How Real Estate Is Shining Through Lebanon's Economic Gloom
Real estate is the only economic sector in Lebanon that has shown growth in the first few months of 2020 Read more
Union Properties Mulls $108m Offer For Dubai Autodrome Stake
Dubai developer says its board will discuss the offer for a 40% stake in its car racing asset at next meeting Read more
Lebanon Unveils Port Blast Compensation Package For Beirut Businesses
President Michel Aoun signs a decree allocating 100 billion Lebanese pounds to the programme Read more
Banking Confidence, Exchange Rate Are Key To Lebanese Recovery, Says Banker
Central bank governor Riad Salameh has warned banks that cannot increase their capital by 20% by end-February 2021 will ... Read more
UAE PM's Former Tech Advisor Launches Cryptocurrency Exchange
Mohammad Raafi Hossain announces plan to launch the Fasset Exchange Read more
UAE Aims To Set Benchmark With First Virtual Annual Investment Meeting
Post Covid resilience and recovery will be big topics of discussion at first virtual AIM on October 20-22 Read more
CEO Of UAE Digital Finance Firm Deem To Step Down
Chris J de Bruin informs board of directors of his plans to resign in order to 'pursue other endeavours' Read more
Is Chinese E-commerce Giant Set To Eclipse Saudi Aramco's Record IPO?
Financial arm of Chinese e-commerce titan Alibaba is planning the biggest IPO in history, raising as much as $35bn in a ... Read more
Coronavirus Set To Deliver 5.2% GDP Blow To UAE Economy In 2020
Latest central bank forecasts show a deeper contraction this year than first estimated, dragged down by disruptions caus... Read more
Abu Dhabi Reveals Huge Surge In Saudi Trade Deals
The value of non-oil trade in goods between Abu Dhabi and Saudi Arabia over the past decade hits $134.5bn, just slightly... Read more
Saudi Arabia To 'assess All Options' To Boost Economy After Coronavirus Impact
Commerce Minister says gov't is reing what is 'best for the people and the nation and its interests' Read more