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The trade, facilitated through CBUAE’s mBridge platform, instantaneously transferred digital dirham against digital Chinese yuan
Leaders will convene from September 9 to 12 to discuss innovations in capital markets and regulatory developments
Microsoft’s partner ecosystem will earn roughly $8 for every $1 of revenue generated by Microsoft’s cloud services
The MPC noted that domestic real GDP growth had moderated to 2.2 percent in the first quarter of 2024
Bank credit to the private sector rose by 3.4 percent to OMR26.3 billion
The bonds have a tenor of five years from the date of issuance, with a coupon of 5.25 percent per annum
Following the Ras El-Hekma deal earlier in the year, Egypt's net international reserves rose $11.2 billion over the last five months
In Q2, demand for trade credit remained strong, with a greater appetite for lending
The report stated that high interest rates kept profit margins at 2.7 percent, with strong bank profitability in H1
The central banks will share expertise and resources to address challenges and boost economic development
By the end of May, these banks had elevated their equity investments to AED16.1 billion
In July 2024, Masdar successfully raised $1 billion through its green bond issuance under its Green Finance Framework
Saipem will be responsible for the EPCI three production deck modules, 33 km of subsea pipelines, and 34 km of power cables
The Middle East and North Africa region has become a top destination for high-skill migration, resulting in substantial outward remittances
The FTA noted that an administrative penalty will be levied on taxable persons who fail to comply
Dividends will be distributed to shareholders registered by the end of the business day on September 12
During its participation at 24 Fintech, STC Bank will showcase its offerings and services
Last year, the country attracted a record $30.49 billion in foreign direct investment, ranking second globally
By joining the BRICS financial branch, Algeria is advancing its global financial integration
This new framework for MNEs is fully in line with the guidelines set by the OECD
The DIFC will host the inaugural Dubai AI & Web3 Festival on September 11-12 at Madinat Jumeirah
The GCC country achieved budget surplus of $712.3 million in Q2 2024
These five-year sukuk support projects advancing ESG goals aligned with sustainability objectives
0.4 percent monthly rise in visitor numbers for July 2024
