Bahrain To Add $470m Into Budget To Address Covid-19 Economic Impact
Emergency funding has been announced by King Hamad bin Isa Al Khalifa Read more
IMF Lowers Middle East Economic Forecast Over The 'twin Shock'
Oil prices plunged by about two-thirds in a freefall as the global economy ground down to prevent the spread of the coro... Read more
PJT Partners Signs Deal With Dubai Boutique DeNovo Target Middle East Deals
PJT and deNovo will advise global firms looking to invest in the Middle East and North Africa region Read more
Saudi Banks Turn To Twitter, Mobile Apps Amid Digital Shift
According to statistics from Twitter, 76% of Saudi bank customers used their banks official banks in April, up from 69% ... Read more
Dubai Announces $408.4m Stimulus Package To Combat Coronavirus Slowdown
Latest amount brings total support provided by the government to $1.7bn throughout Covid-19 crisis Read more
Dubai SME Helped Over 3,800 Emirati Entrepreneurs In 2019
Start-ups received almost $46.3m worth of exemptions and incentives last year Read more
Rishi Sunak Reveals $37bn Plan To Rescue UK Economy
Raising the stamp duty threshold for purchases of property to 500,000 pounds, until March 31 next year, meaning 90% will... Read more
Hyflux's Middle East Suitor Raises Offer, Extends Deadline Again
Utico said the latest offer gives a chance of a higher recovery for retail investors in Hyflux Read more
Saudi Arabia Spends $57bn To Soften Economic Blow Of Covid-19
Over 650,000 people have directly benefited from the measures, according to the kingdom's Ministry of Finance Read more
Dubai Business Conditions Show Signs Of Improving As City Emerges From Lockdown
IHS Markit's Purchasing Managers' Index said output grew for the first time in four months at 'a solid rate' Read more
Former Saudi Economy Minister Among Eight Contenders For WTO Leadership
Mohammed al-Tuwaijri entered the race to become the next head of the World Trade Organisation Read more
Travelex Lenders To Take Control Of Firm As Part Of New Agreement
The embattled company will be split into two separate platforms, Travelex said in an update Read more
Britain To Reveal Post-coronavirus Recovery Plan
UK is reportedly set to announce plans to reduce stamp duty, which is levied on real estate transactions, to boost the p... Read more
Egypt's Expats Become Opportunity For $61bn Fund Manager
Azimut's Luxembourg-based fund will initially allocate $50 million between as many as 25 Cairo-traded stocks Read more
Amlak International Completes IPO With Retail Coverage At 2,690%
The IPO is the first to take place in Saudi Arabia since the beginning of the Covid-19 pandemic in March Read more