IMF approves $2.77bn emergency virus loan for Egypt
The IMF board approved $2.77 billion in emergency aid for Egypt on Monday, to help the country deal with the...
Finance
Oman inks packs to invest in advanced fishing boats
The Ministry of Agriculture and Fisheries on Wednesday signed two memoranda of understanding with Oman Fisheries Company and Fakhr al...
Proposed investment budget for coming fiscal year upped to LE 230
Prime Minister Moustafa Madbouli said the government upped the proposed investment budget for the coming fiscal year to LE 230...
Abu Dhabi customs rolls out stimulus package for importers
The General Administration of Abu Dhabi Customs rolled out an economic stimulus package to offset the impact of the coronavirus...
Saudi Arabia allocates $533mn to fund agricultural projects
Saudi Arabia has marked SAR 2 billion ($533.3 million) to help fund agriculture products and ensure food security amid the...
Post COVID-19: UAE banking sector remains resilient to global challenges
The UAE’s banking sector remains strong and resilient despite several challenges posed by global economic developments last year, according to...
Saudi Arabia joins Covid global response pledging event
Saudi Arabia has welcomed the global call to action to fund a universally available and affordable Covid-19 vaccination, treatment, and...
Saudi Royal Commission receives over $13.3bn worth of investments in first quarter of 2020
Investment requests in Jubail and Yanbu have exceeded $13.3 billion in the first quarter of 2020, despite the effects of...
Qatar ideal investment destination, says Sheikh Khalifa
Qatar has showcased itself as an ideal investment destination with a strong and vibrant economy, Qatar Chamber Chairman Sheikh Khalifa...
Saudi Arabia’s Social Development Bank allocates $2.39bn aid for small businesses
The Social Development Bank (SDB) in Saudi Arabia has recently launched new initiatives to support small businesses in the Kingdom,...
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