Business
The Abu Dhabi Investment Authority, in partnership with BlackRock, intends to enter as major investors in the Chinese start-up Kwaisho’s Technology IPO. The Capital...
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The Abu Dhabi Investment Authority, in partnership with BlackRock, intends to enter as major investors in the Chinese start-up Kwaisho’s Technology IPO. The Capital...
Egypt’s Export Development Bank’s (EBE) Board of Directors said it approved increasing its issued and paid-up capital from 2.7 to 3.3 billion pounds. EBE’s...
The Amazighs celebrated the Amazigh New Year, also known as “Yennayer“, on January 13, for the year 2971 according to the Amazigh calendar. The...
The Saudi Ministry of Finance announced offering Sukuk worth SR2.955 billion ($788 million) in the local market. The issue size was set at SR2.96...
Jordan’s central bank decided to allow all licensed banks in the Kingdom to distribute cash dividends to shareholders. However, banks shouldn’t distribute more 12%...
The Iraqi Ministry of Oil signed a preliminary agreement with an Emirati company to build an oil refinery with a capacity of 100,000 b/d,...
Qatar Islamic Bank data showed growth in profits and a decline in distributions, unusually, due to the pandemic’s impact on banking sector. Data showed...
Bounced checks is a very dangerous and unhealthy phenomenon that leads to slowing down economy growth and investment decline. Non-payment on time deepens the...
The Sovereign Council and the cabinet of Sudan approved the 2021 budget in a joint meeting. It is the country’s first general budget after...
Banque Misr said it signed a deal with the European Investment Bank to provide a €425 million worth credit line. Akef El-Maghraby, Banque Misr’s...