Declining remittances due to COVID-19 bad for credit profiles of recipient countries

July 28, 2020     /

Declining remittances due to COVID-19 bad for credit profiles of recipient countries Global remittance inflows, which reached an all-time high…

Tuesday Outlook: Shares take comfort in stimulus; gold rockets toward $2,000

July 28, 2020     /

Tuesday Outlook: Shares take comfort in stimulus; gold rockets toward $2,000 Dollar in doldrums; oil prices up Read more about…

Unicorns worldwide raised $26.5bln amid COVID-19 outbreak

July 28, 2020     /

Unicorns worldwide raised $26.5bln amid COVID-19 outbreak Funding to billion-dollar companies surged 310 percent in three years Read more about…

Dubai Financial Market posts 21% rise in H1 profit; gets new CEO

July 28, 2020     /

Dubai Financial Market posts 21% rise in H1 profit; gets new CEO Hassan Al Serkal is appointed as the DFM’s…

Dubai Chamber sets up new business group to support F&B sector

July 27, 2020     /

Dubai Chamber sets up new business group to support F&B sector The group will play an essential role in addressing…

Saudi-listed Arabian Cement’s board proposes H1 dividend

July 27, 2020     /

Saudi-listed Arabian Cement’s board proposes H1 dividend The company reported a quarterly net profit after zakat and tax of 7.6…

Investors rush to Saudi start-ups; funding up 102% despite COVID-19

July 27, 2020     /

Investors rush to Saudi start-ups; funding up 102% despite COVID-19 Kingdom’s start-ups top region in attracting fresh capital Read more…

UAE’s Dar Al Takaful completes Noor Takaful acquisition

July 27, 2020     /

UAE’s Dar Al Takaful completes Noor Takaful acquisition Insurance firm also appoints new chief executive officer Read more about this

Oman is trying to secure 700,000 doses of COVID-19 vaccines

July 27, 2020     /

Oman is trying to secure 700,000 doses of COVID-19 vaccines “There are various efforts made by the Ministry on several…

Saudi Arabia raises groundbreaking $266mln green ECA financing

July 27, 2020     /

Saudi Arabia raises groundbreaking $266mln green ECA financing The financing will cover the procurement of 842 buses to Saudi Arabia…