"We believe that enhancing competitiveness and ensuring that the nations offering the best products and services come out on top...
ABU DHABI, UAE – Emirates Development Bank (EDB) has unveiled its 2023 results, showcasing an extraordinary year of achievements and...
Apart from the hospitals, the rest of Mosul is also struggling to regain a sense of normalcy. Residents crowd into...The former stronghold of the Islamic State group, Mosul was devastated by the battle to oust the jihadists that ended in summer 2017
More than four years on, the northern metropolis remains a patchwork of gutted concrete carcasses interspersed between buildings under construction
Prosecutors had already questioned Culture Minister Mabrouka Touki before the order was issued to detain her on charges of ‘falsifying...The culture minister, an academic with a degree in nuclear physics, was appointed in March as part of the interim unity government
The probe relates to alleged graft over a contract for maintenance works on ministry buildings which had already been refurbished last year
The Abu Dhabi School of Government (ADSG) and Abu Dhabi Global Market Academy (ADGM Academy) have launched the ‘Investment Foundations'...The program aimed at equiping Abu Dhabi government employees with knowledge and skills related to finance, ethics, and investment practices.
Participants will receive a certification jointly accredited by the ADSG and Abu Dhabi Global Market Academy.
- Negotiations with the IMF opened in May 2020, but after two months they stalled amid arguments over the size of...
Negotiations with the IMF opened in May 2020, but after two months they stalled amid arguments over the size of financial losses
Talks resumed in September this year after the formation of a new government headed by Prime Minister Najib Mikati
Experts caution against too much optimism around early indications that Omicron causes less severe disease than previous strains, pointing out...The US Centers for Disease Control and Prevention helped sentiment on Monday as it cut the isolation period for asymptomatic Covid cases in half to five days.
Frankfurt's DAX index finished 0.8 percent higher while the Paris CAC 40 closed at a record, rising 0.6 percent to 7,181.11 points. London was closed for a holiday.
The Saudi Fund for Development is investing USD60 million to develop the infrastructure of the transport sector to reduce death...The Saudi Fund for Development is investing USD60 million to develop the infrastructure of the transport sector to reduce death and injury rates resulting from traffic accidents
The Fund will also invest USD28 million to support education opportunities for more than 5,000 students each year and increase the quality of education
- Payment landscape in Gulf countries is headed for a significant change, Ralf Wintergerst, Group CEO of G+D tells the TRENDS....
Payment landscape in Gulf countries is headed for significant change as it’s among the fastest-growing e-commerce markets, Ralf Wintergerst tells the TRENDS
Many central banks in the GCC region are already testing in sandbox environments to simulate a digital currency under real-world conditions, Wintergerst added
Debt-ridden Tunisia unveiled a 2022 budget on Tuesday that will see it borrow almost $7 billion more, as it seeks...The deficit is expected to hit some 6.2 percent of gross domestic product, said finance minister Sihem Boughdiri.
Tunisia's previous government had been in talks with the IMF over a new bailout package when President Kais Saied in July sacked ministers and seized far-reaching powers.
Iraq's Ministry of Planning has said several positive economic indicators have risen during 2021 and several measures are being taken...People regaining their jobs after easing of Covid restrictions helped boost projects in the private sector.
Although the Planning Ministry is yet to prepare a report on economic indicators for 2021, there is an improvement in many fields, says a spokesman.
Kuwait's leading Islamic bank, Warba Bank, celebrated the listing of the bank's $250 million perpetual Tier-1 Sukuk on Nasdaq Dubai...This was the third listing after a $250 million and a $500 million instrument in Mar 2017 and Oct 2019 respectively.
The new listing brings the total outstanding value of the bank’s Sukuk on the exchange to $898 million.
