Finance House To Inject AED 300mn Into Abu Dhabis ADX For Market Liquidity
The move is aimed at boosting liquidity and market stability Read more
Thaw In Funding Winter In UAE As Market Sees Slew Of Multi-million, Double Digit Investment Deals
The trend is expected to continue as regional economies rebound and investors look for opportunities in emerging market... Read more
Chinas Central Bank Cuts Key Interest Rates To Record Lows, Aims To Boost Sluggish Economy
The one-year Loan Prime Rate was cut from 3.35% to 3.1%, while the five-year LPR was cut from 3.85% to 3.6% Read more
UAE Is GCC Startup Hub 5,600 New Firms Registered In Q2;Abu Dhabi, Dubai And Sharjah Woo Entrepreneurs
UAE startup ecosystem is thriving as new companies attracted by investment environment and flexible legislation Read more
Project Aperta: UAE Joins Cross-border Finance Scheme As It Looks To Boost SME Trade Worldwide
CBUAE announces collaboration on project to support cross-border finance and trade for SMEs Read more
Saudi-backed EV Maker Lucid Expects To Raise $1.67bn From Stock Offering
The company expects to report a loss from operations in the range of $765mn to $790mn for the quarter ended September 3... Read more
BNY Mellon Lands A Big Ally For Expansion In Saudi Arabia
NCB Capital is the kingdom's biggest asset manager and investment bank Read more
Coronavirus, Low Oil Prices Set To Speed Up Gulf Bank Mergers
Moody's Investors Service says financial concerns in the region will play a larger role in encouraging deals Read more
Abu Dhabi Fund Buys $750m Stake In Retail Arm Of Indian Giant Reliance
Subsidiary of the Abu Dhabi Investment Authority will buy a 1.2% stake in Reliance Retail Ventures Read more
How The Lebanese Private Sector Is Coping In The Eye Of A Storm
Businesses extremely pessimistic about future as layoffs continue and wages plummet Read more
Lebanese Pound: The Most Undervalued Currency In The World
As political and economy chaos ensues, leading analyst says exchange rate needs sorting 'as soon as possible' Read more
How Coronavirus Is Changing Banking For The Better
Redefining finance for good: Virtual CXO Forum to take place on October 7 Read more
UAE-Bahrain Trade Returning To Pre-coronavirus Levels
Bahrain's trade for the first half of the year reached $10.4bn globally, down 2% on 2019 Read more
Kuwait Central Bank Denies Plan To Devalue, Stands By Peg
Speculation started swirling after the passing last week of Sheikh Sabah Al-Ahmed Al-Jaber Al-Sabah, who has been succee... Read more
Expat Remittances From The UAE Exceed $21bn In First Half Of 2020
India retains position as top receiving country from expats in the UAE, ahead of the Philippines, Pakistan and Banglades... Read more