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Saudi Arabia's aggregate loan-to-deposit ratio rose to 106.1 percent, the highest in recent quarters
Qatar's first green bond issuance launched in May, enhancing sustainability financing in the region
The obverse of the gold coin, weighing 40 grams with a diameter of 40 mm, features a depiction of the two leaders
The value of the allotted Treasury bills was OMR4 million, with a maturity period of 28 days
Proceeds will support xAI’s continued developments, including one of the world's largest data centers and its flagship Grok platform
The Fund announced 25 percent revenue increase driven by major portfolio companies
The IMF's administrative expenses are fully covered by income from lending and investments
H.H. highlighted the importance of the Islamic T-Sukuk program in boosting the national economy
Jordan continues to make progress with a gradual fiscal consolidation and strengthening fiscal sustainability
Fund aims to deliver superior risk-adjusted returns by investing in equities listed on the Qatar Stock Exchange
The conflict in Lebanon is estimated to have caused total direct damages across 10 sectors at $7.2 billion
The authority indicated that the exceptional condition for benefitting from the exemption applies only to the first tax period of the entity subject to tax
The move marks a significant milestone in Addleshaw Goddard's strategic growth across the Middle East
The sukuk issuance was divided into five tranches, each with different maturities and sizes
The guidance further clarifies the timelines in which taxpayers must make a MAP claim
The report explores key trends shaping the market, including surging digital adoption, expanding venture capital investment, and the integration of AI
Card fraud costs billions annually, prompting the need for automated and efficient fraud prevention solutions
The commercial paper program carries credit ratings of P-1 from Moody’s and F1+ from Fitch
This initiative focuses on transparency, innovation, and excellence in public financial resource management
The UAE imposes no personal income tax, capital gains tax, or inheritance tax
The move comes shortly after Valu’s successful listing on the Egyptian Exchange (EGX)
Quarterly growth of 5 percent indicates continued positive momentum in the banking sector for 2025.
Real GDP growth is projected to rise from 2.4 percent in FY2023/24 to 3.8 percent in FY2024/25, then to 4.2 percent and 4.6 percent in FY2025/26 and FY2026/27, respectively, according to World Bank projections
Market rates, such as the Turkish Lira Overnight Reference Rate (TLREF), have also aligned in the 46 percent range
