Politics & Economics


Saudi Aramco May Raise Up To $15bn In Debut Foreign Bond

Middle East Business News - Published date: .

The world's biggest oil producer may sell the bonds in the first half of the year Read more

World Bank Says To Set Up Office In Abu Dhabi's ADGM

Middle East Business News - Published date: .

New Abu Dhabi Global Market office will exercise full functions of World Bank Read more

India Central Bank Cuts Rates Ahead Of Election

Middle East Business News - Published date: .

It marked the first interest rate decision under new bank chief Shaktikanta Das, an ally of Modi who was appointed in De... Read more

India Central Bank Cuts Rates Ahead Of Election

Middle East Business News - Published date: .

It marked the first interest rate decision under new bank chief Shaktikanta Das, an ally of Modi who was appointed in De... Read more

IMF Board Approves $2bn Loan Instalment For Egypt

Middle East Business News - Published date: .

Latest instalment brings the total paid to Cairo to about $10 billion since the loan deal was signed in November 2016 Read more

Revealed: $27m Scheme To Boost SME Funding In The UAE

Middle East Business News - Published date: .

Emirates Development Bank has announced the launch of the new Credit Guarantee Scheme Read more

DIFC Regulator Suspends Licence Of Dubai Financial Services Firm

Middle East Business News - Published date: .

Dubai Financial Services Authority suspends Morgan Gatsby Limited for period of 12 months Read more

Why Chinese Investors Are Increasingly Looking At Dubai

Middle East Business News - Published date: .

Hong Kong-based investment expert says Chinese investors are being attracted by high yields and political stability Read more

Abu Dhabi's Three-way Bank Merger To Create $114bn Giant

Middle East Business News - Published date: .

Abu Dhabi Commercial Bank has agreed to merge with Union National Bank and Al Hilal Bank Read more

Revealed: How UAE, Saudi Arabia Plan To Use Common Digital Currency

Middle East Business News - Published date: .

Saudi Arabian Monetary Authority and the UAE Central Bank announce Aber project to forge closer financial ties Read more

Pakistan Hails UAE Economic Support After $3bn Deposit

Middle East Business News - Published date: .

Tariq Bajwa, Governor of the State Bank of Pakistan, says deposit will help country overcome 'challenges' Read more

Dubai Investments Park Plans Investor Talks Ahead Of Sukuk

Middle East Business News - Published date: .

Investor meetings will take place in Singapore, Hong Kong, Abu Dhabi, Dubai and London, commencing on Friday, ahead of p... Read more

Dubai Investments Park Passes 5 Million Sq Ft Leasing Milestone

Middle East Business News - Published date: .

Major names from a variety of industries chose DIP as their new home last year, says senior exec Read more

Saudi Bonds To Join JPMorgan Index In $119bn Gulf Addition

Middle East Business News - Published date: .

Saudi Arabia and four other Gulf nations will join JPMorgan Chase & Co's emerging-market bond indexes this month Read more

Russia's Sovereign Wealth Fund To Boost Investment Deals With Saudi Arabia

Middle East Business News - Published date: .

The Russian Direct Investment Fund and the Saudi Public Investment Fund have a $10bn investment partnership Read more

Dubai, London Financial Hubs Set To Deepen Fintech Ties

Middle East Business News - Published date: .

Closer cooperation to follow meeting between Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, deputy ruler of Dubai, a... Read more

Lord Mayor Of London Eyes Fintech Talks During Gulf Visit

Middle East Business News - Published date: .

Peter Estlin, the global ambassador for the UK's financial industry, is visiting Kuwait City, Dubai and Abu Dhabi this w... Read more

Oman Central Bank Signs Deal To Set Up Credit Bureau

Middle East Business News - Published date: .

Creditinfo Group wins contract to develop, roll-out and manage a credit registry system in sultanate Read more

No Trust In Local Fashion Products As UAE Relies On Imports, Says Dubai Designer

Sports and Eneterainment - Published date: .

Rami Al Ali also says local designers need to earn consumers' trust with high quality products Read more

UAE Approves First Batch Of Tax Agents

Middle East Business News - Published date: .

Federal Tax Authority says agents will be 'key contributors to the successful implementation of the tax system in the UA... Read more