Riyadh, Saudi Arabia - Saudi Arabia and Swiss Fund have decided to initiate financing initiatives in the debt market in...
DUBAI, UAE - The total M&A market dropped 15 percent, to US$3.2 trillion, the lowest level in a decade, as...
The laboratory falls within the framework of the "Invest in Oman" program.The lab is aims to design of a strategic investment program for the food security sector in Oman
This will happen in partnership with relevant governmental and private institutions, businessmen, and investors
Nitaqat is a nationalization scheme implemented, which requires Saudi companies to fill up their workforce to certain levels with Saudi...About 1.6 million establishments in the Saudi employment market are registered under the program.
Under Updated Nitaqat, the number of economic activities will be reduced to 32 from 85.
The growth was spurred by abundant liquidity created by easing monetary and fiscal policies besides a rebound in oil prices.The pharma and biotech index topped performance during H1 2021 with returns of 24.3 percent and 50.4 percent.
Abu Dhabi Exchange topped the region’s equity markets by gaining as much as 35 percent.
The UAE has recorded a sharp growth in employment for the first time in more than three years, with a...Output levels increased in August due to an improvement in demand as the economy recovered from COVID-19 restrictions
The seasonally adjusted IHS Markit UAE Purchasing Managers' Index (PMI), which covers manufacturing and services, dipped to 53.8 in August from 54.0 in July
A crushing economic crisis, a sharp collapse of the local currency and a bankrupt banking sector are adding to the...Lebanon's banking sector must reduce the size by at least 50 percent if not more, says senior economist Nasser Saidi
Lebanon, he says, will take 5–7 years to recover if it agreed to an IMF program within the next three months
The country has said it is ‘ready’ to help Lebanon with ‘transit for Egyptian gas and Jordanian electricity via Syrian...Lebanon’s fuel shortage has reached such proportions that millers have warned they might have to stop making bread
Meanwhile, Unicef has said 4 million Lebanese could lose access to water as pumps run out of fuel
Bahrain’s Customs president hailed importers, traders, and customs agents for the achievement.Bahrain said it has reduced the average waiting period for such loaded trucks to just 52 minutes in the first half of August
This was in comparison to the 757 minutes — more than 12 and a half hours — in the previous years
That number goes up to 5 out of 6 people when one redefines poverty beyond the usual fiscal lines and...Between June 2019 and June 2021, the inflation rate in Lebanon amounted to 281 percent
This led to a rise in income poverty from 25 percent in 2019 to almost 74 percent in 2021
The UAE has said some underperforming government offices and ministries have 90 days to improve their digital services.The findings were based on a public poll announced three months ago to gauge efficiency of digital services by government entities
As part of the poll, 55,000 people gave inputs on the digital services provided by 30 government agencies
From Sept 20, the index of 30 firms will bring its total membership to 40 firms.From September 20, the index of 30 companies will bring its total membership to 40 firms, becoming the DAX 40
Other additions include Puma, Siemens Healthineers, a subsidiary of the already DAX-listed company Siemens, as well as meal-kit company HelloFresh
