Inflation Spirals Out Of Control As Lebanon Drowns In Excess Pounds
Local currency in circulation soars 137% as it loses 80% of its value amid ongoing economic crisis Read more
UAE's Mubadala Confirms $844m Stake Deal In Retail Unit Of Indian Giant Reliance
Mubadala says its investment will translate into a 1.40% equity stake in Reliance Retail Ventures Limited Read more
Lebanon's Foreign Currency Reserves Could Vanish In 12 Months
Goldman Sachs warns of further economic turmoil if new government isn't formed soon Read more
Rolls-Royce Mulls Financing Plan After Ruling Out Kuwait Investment
Shareholders of the UK engine-maker opposed a plan to raise funds from Singapore's GIC and Kuwait Investment Office Read more
UAE Construction Giant Arabtec Reportedly To Be Placed Into Liquidation
Decision at company's annual general meeting follows a net loss of $216m during first half of 2020 Read more
Credit Suisse To Cut Jobs In Gulf In Wealth Management Overhaul
Around 20 people to be let go by the banking giant, mainly in Dubai Read more
Saudi Arabia Extends Coronavirus Stimulus Package But Narrows Scope
The initiative, which was due to expire in October, will now continue until January and will support half of all Saudis ... Read more
UK's Fasset Gets Bahrain Nod To Test Blockchain Platform
Sustainable infrastructure financing platform is approved for testing in Bahrain's FinTech Regulatory Sandbox Read more
Inside The Campaign To Help Make Arab-American Businesses More Competitive
'Disadvantaged' classification would give Arab-American-owned businesses greater access to government contracts and capi... Read more
Dubai Stock Market Set To Launch New Platform To Drive Investments
Dubai Financial Market says it has reached the final stages of preparations to launch an equity derivatives platform Read more
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