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Changes introduced to streamline trade processes and support business operations
Bank credit to the private sector rose by 3.4 percent to OMR26.3 billion
Currently, the metro serves around 730,000 passengers daily, making it the preferred transportation choice for many
In Q2, demand for trade credit remained strong, with a greater appetite for lending
The new route starts from June, 2 2025, from AED429
Türkiye and Egypt aim to increase their bilateral trade volume by 50 percent, from $10 billion to $15 billion
This change, effective September 4, aims to position the Kingdom as a global tourism leader
The net proceeds from this issuance will be utilized by ADNOC Group for general corporate purposes.
In August, GCC equity markets saw strong net foreign inflows of $892 million
The report stated that high interest rates kept profit margins at 2.7 percent, with strong bank profitability in H1
The event will address economic challenges through collaborative investment strategies
Investment memorandum follows a $2 billion agreement that the UAE and Jordan signed in 2023
The central banks will share expertise and resources to address challenges and boost economic development
The partnership is formed amidst a booming UAE air conditioning market worth over $650 million, driven by real estate growth
Brent crude futures for November rose by 15 cents, or 0.1 percent, to $72.85
Other notable agreements included collaboration in communications and information technology
Brent Oil Futures fell by 4.9 percent, closing at $73.75 per barrel
The industry's contribution to global GDP is expected to rise by 12.1 percent year-over-year
By joining the BRICS financial branch, Algeria is advancing its global financial integration
Brent crude futures had fallen by 37 cents, or 0.48 percent, settling at $77.15 a barrel
Gartner expects global information security end-user spending to reach $183.9 billion this year
This new framework for MNEs is fully in line with the guidelines set by the OECD
QatarEnergy plans to build a large urea production complex to boost global food and energy security
The GCC country achieved budget surplus of $712.3 million in Q2 2024
