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The issuance date for these treasury bills is set for January 15, while they are due to mature on April 16
Bonds fund governments by repaying principal and interest; tawarruq converts debts into tradable securities
The new platform allows individuals, government entities, and businesses to access services electronically
The company aims to expand into Dubai and Kuwait, targeting growth in MENA, Europe, and North America
Facility attracted orders from 15 prominent international and regional financial institutions
Shares in Aramex opened up 14.7 percent higher at AED2.65 per share on Monday
The issuance was oversubscribed by 3.8 times, with total orders exceeding $4.9 billion
U.S. central bank officials have raised new inflation concerns
The program features a comprehensive curriculum crafted by MIT, which has proven successful in its first cohort
Lower interest rates and supportive economic environment are likely to boost lending growth in 2025
Verifying cryptocurrency interactions with blockchain
Saudi Arabia set a new record with 178 VC deals last year, solidifying its position as the region's largest economy
The transaction will be adequately capitalized and financed through internal resources and secured debt financing
Company to utilize around $1 billion of the financing to fund the acquisition of Navig8
At the close of August 2024, Egypt's net international reserves reached $46.597 billion
The total order book reached around $37 billion, which equals an oversubscription of 3 times
This financing arrangement is backed by a broad consortium of 20 international and regional financial institutions
This plan outlines key public debt developments for 2024, local market enhancements, and the 2025 funding strategy
SOIs could collectively reach $60 trillion in 2025 as GCC nations progress toward their economic visions
The country recorded 10 million hotel nights for the first time
Projections were informed by critical factors and data, based on an average oil barrel price of $60
The center will develop strategies, implement zero neutrality projects, and support government and private sectors
Mubadala and its subsidiaries invested in 2024 $29.2 billion, up from $17.5 billion in 2023
Discussions are currently in progress to approve a second tranche of $4.14 billion
