Tech businesses, investors optimistic about post-pandemic prospects
Technology-driven startups and innovative businesses in Qatar, including the investors i this sector, are optimistic they will emerge stronger after...
Business & Economy
Egypt negotiates on another financial package from IMF
Egypt's foreign exchange reserves are sufficient to meet import needs for a period of 7 months, which is a higher...
Iraq’s government to establish emergency cell for financial reform
The Cabinet held its regular meeting in Baghdad on Tuesday under the chairmanship of Prime Minister Mustafa Al-Kadhimi. At the...
UAE stimulus to help SMEs, says Abdulla Al Saleh
Government officials and business leaders on Wednesday discussed the impact of Covid-19 and doing business in a new environment. Held...
Moody’s rating reflects international institutions confidence in Egypt’s economy: Min.
Moody’s Investors Service’s decision on keeping Egypt’s long-term foreign and local currency issuer ratings at B2 with a stable outlook...
$33.6mn from World Bank for Coronavirus outbreak
In response to the COVID-19 outbreak in Iraq, the World Bank has recently approved the re-allocation of U$33.6 million under...
S&P affirms Qatar’s rating; outlook remains stable
The S&P Global Ratings has affirmed its ‘AA-/A-1+’ long- and short-term foreign and local currency sovereign credit ratings on Qatar....
Saudi, Dubai customs seek stronger trade ties amid coronavirus outbreak
Saudi Customs and Dubai Customs on Tuesday agreed to further trade cooperation and arrangements to develop customs procedures in response...
UAE to build post COVID-19 economy on digital, announces two-phase recovery plan
The UAE has given the first indication of how it plans to shape the economy in a post-COVID-19 world -...
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...
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