Finance
The UAE Central Bank has approved the 50 dirham polymer banknote as an official currency. The polymer banknote will be circulated alongside the current...
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The UAE Central Bank has approved the 50 dirham polymer banknote as an official currency. The polymer banknote will be circulated alongside the current...
Saudi Stock Exchange (Tadawul) said in a tweet Wednesday that IHS Markit had included the Saudi government Sukuk market in its iBoxx global government...
Electronic payments in Kuwait grew by 46% during the current year 2021, compared to last year. Abdullah Al-Ajmi, CEO of the Kuwaiti Shared Electronic...
The first digital bank in the UAE, Zand, is scheduled to launch its services early next year 2022. A source at Zand said that...
Kuwait’s budget deficit decreased significantly during the first eight months of the current fiscal year, supported by the rise in oil prices. The Ministry...
Foreign trade between Bahrain and Russia fell by 5% last year 2020, compared to its volume in 2019. The volume of foreign trade between...
The Saudi Alkhorayef Water and Power Technologies Company has announced signing a contract for the operation and maintenance of water projects in the governorates of Uqlat...
Qatar Investment Authority (QIA), the country’s sovereign wealth fund, said it has invested $112.3 million in Rolls-Royce. Rolls-Royce is a government-backed project to develop...
UAE Central Bank has expressed concern over the possibility of local banks’ exposure the real estate sector. The sector has been experiencing a state...
Oil prices opened the financial week lower affected by the outbreak of the Coronavirus Omicron variant. Investors’ fears are increasing, under pressure from the...