Fitch revises outlook on Oman to positive; affirms at ‘BB’
Fitch Ratings - Hong Kong - 11 Apr 2023: Fitch Ratings has revised the Outlook on Oman's Long-Term Foreign-Currency Issuer Default...
Finance
Middle East’s real-time transaction growth driven by Saudi Arabia, says new report
RIYADH: Saudi Arabia recorded 352 million real-time payment transactions in 2022 amid its push to modernize the country’s payments infrastructure...
High-level KRG delegation in Baghdad for agreement on Iraq 2021 budget entitlements
A high-level Kurdistan Regional Government (KRG) delegation arrived in Baghdad on Tuesday for oil and budget talks, with KRG officials...
Qatari market remains resilient despite challenges, says investment expert
Qatar has been resilient amid the challenges, such as the blockade and the COVID-19 pandemic, which have threatened to disrupt...
Minister: Government investments in 2019/2020 up by 26%
Planning Minister Hala el Saeed said government investments, carried out in 2019/2020, witnessed a 26-percent rise and they covered education,...
Cabinet: FDI Intelligence upgrades Egypt position on map of foreign investments
The FDI Intelligence has upgraded Egypt's position on the map of foreign direct investments, the Cabinet media center said Monday....
IFC invests $5.6bn to support private sector in Middle East and Africa
The International Finance Corporation, a member of the World Bank Group, invested $5.6 billion (Dh20.56bn) to support the private sector...
UDC enters into financing agreement for developing villas complexes in Floresta Gardens
United Development Company (UDC) has entered into a financing agreement for developing residential villas complexes and infrastructure in Floresta Gardens...
Bahrain adds $470mn in expenditures to 2020 budget for coronavirus impact
Bahrain will add around 177 million dinars ($470 million) to its 2020 state budget in emergency spending on fighting the...
Foreign direct investment projects in Oman up 7%
The number of foreign direct investment (FDI) projects in Oman was up 7% last year, the Arab Investment and Export...
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