News

British ministers head to the GCC for talks on new trade deal

Britain’s new trade ministers visited the Gulf region on Monday in a first joint visit for talks on a possible trade deal, the government said. Trade secretary Jonathan Reynolds and...
Markets Marcus Robinson -

Saudi Fund for Development signs first loan agreement with Dominica

Saudi Fund for Development (SFD) formalised its first development loan agreement with the Commonwealth of...
Finance Victoria Winston -

How Abu Dhabi’s investment legacy is fostering economic development

Abu Dhabi and the UAE have long been recognised as important investors in the...
Banking Aditya Dave -

UAE unveils ‘Invest in the Emirates’ campaign, fronted by Idris Elba

The UAE government has unveiled its ‘Invest in the Emirates’ campaign, fronted by Hollywood...
News Shreya Rajput -

UAE, Australia reach trade deal to boost exports, investment

The UAE has reached a trade agreement with Australia that is expected to boost...
Forex Sameer Shah -
Latest

UAE unveils ‘Invest in the Emirates’ campaign, fronted by Idris Elba

The UAE government has unveiled its ‘Invest in the Emirates’ campaign, fronted by Hollywood actor Idris Elba. The new initiative is aimed at attracting leading innovators,...

Five steps to help businesses scale to seven figures

From Saudi Arabia to Hungary to Australia, and the US, scaling businesses to seven figures takes considerable work and more importantly, the right steps...

5 key strategies for business success in the Middle East

Mirages often deceive the eye in the desert, promising water and relief where there is none. Similarly, the Middle East, at the moment, can...

UAE banking sector’s liquid assets exceed Dhs800bn in Q2 2024

The UAE banking sector’s liquid assets registered a rise in Q2 2024, according to the latest figures from the Central Bank of the UAE...

Egypt’s central bank leaves overnight interest rates steady

Egypt’s central bank as expected left its overnight interest rates on hold on Thursday, saying inflation pressures had subsided but that economic growth had softened. The bank...

Alonso survives first Dakar stage dominated by Minis

Dakar Rally debutant Fernando Alonso avoided any first stage pitfalls as the 2020 edition of motorsport’s gruelling 7,500 kilometre marathon began in Saudi Arabia...

Locals paid more than us, moan GCC expats – poll

Nearly half of all expats in GCC nations claim that nationals are paid better salaries than them, according to the findings of a poll. The...

Four in five expats not saving enough for retirement

Despite widespread assumptions of the UAE as a tax-free savings haven, more than four in five expatriates are not saving enough for the future, financial advisers...

Billionaire’s playground

Fast cars, designer clothes and flashy lifestyles are nothing new to the Middle East. Record high oil prices have been boosting regional wealth for...

Ex-UAE ambassador named UK’s wealthiest Arab

The former UAE ambassador to Britain has been named as the top-ranked Arab in a Sunday Times list of the 1,000 wealthiest people in...

First Citizens profit beats estimates as Silicon Valley Bank stabilizes

 First Citizens BancShares' (FCNCA.O), opens new tab first-quarter profit beat expectations as the lender earned higher interest income and started seeing benefits of its acquisition of...

Support gathers for controversial New York bill on sovereign debt ahead of legislature return

 A number of former heads of state and policy makers have urged New York State lawmakers to push ahead with a bill that would...

Yellen says US economy strong, all options open on China’s overcapacity

CHINA OVERCAPACITY Yellen told Reuters no option was "off the table" for dealing with one threat to the U.S. economy - overproduction in China, which...

Petrobras shareholders approve payout of 50% of withheld dividends

Shareholders of Petrobras (PETR4.SA), opens new tab voted on Thursday for the Brazilian state-run oil firm to pay out 50% of the extraordinary dividends it withheld...

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