Dubai injects $68mn into its tourism ecosystem
Dubai Tourism has released approximately Dh250 million ($68 million) in bank guarantees for tourism-related service providers following the waiver of...
Business & Economy
12 ICT projects executed in 2018 at LE1.3Bn: report
Throughout 2018 the Egyptian government succeeded to execute 12 projects in the information and communications technology (ICT) sector at a...
Saudi banks set for most growth in four years
Saudi banks may report double-digit earnings growth this year as rising interest rates and increased government spending offset the risk...
Arab region records significant growth in FDI projects
The Arab countries witnessed the establishment of 809 new foreign direct investment projects in 2017, an increase of 35 projects...
Egypt’s Economy to Grow 6% in 2019: Beltone Financial Services Head
In an interview with Bloomberg’s Manus Cranny on “Bloomberg Daybreak: Middle East”, Nancy Fahmy, Beltone Financial sector head for financial...
Qatar’s quarterly GDP rises by 20.4% to hit QR180.9bn
Qatar’s Gross Domestic Product at current prices (nominal GDP) has increased by 20.4 percent in the third quarter of 2018...
UAE issues over 540,000 business licences in 2018
Up to 540,359 business activity licences were issued in the UAE by the end of December 2018, circa 1.6 per...
Riyadh eyes future with leisure complex
Saudi Arabia announced plans Wednesday to build an entertainment complex in the capital Riyadh, the latest in a series of...
Qatari-German Joint Task Force holds first meeting
Members of the newly-formed Qatari-German Joint Task Force committee for the promotion of trade and investment between Qatar and Germany...
Egypt expects 5th tranche of IMF loan in January
Egypt expects to receive the fifth installment of its $12 billion IMF loan program in January, the president's office said...
The resource of credible, industry-specific updates