Economics

Saudi Central Bank sets guidelines for BNPL companies, fueling fintech growth

Banking & Finance

Saudi Central Bank sets guidelines for BNPL companies, fueling fintech growth

SAR5 mn minimum capital requirement

UAE and Azerbaijan to boost digital infrastructure, launch joint investment platform

UAE and Azerbaijan to boost digital infrastructure, launch joint investment platform

Total trade between the two countries reached AED2.4 bn in 2021

IMF urges GCC countries to further enhance non-oil sector growth

IMF urges GCC countries to further enhance non-oil sector growth

Saudi Arabia, UAE lead in non-oil sector development

Saudi Arabia’s ambition to become a premier business hub: Unveiling Kingdom’s strategy to attract investments

Saudi Arabia’s ambition to become a premier business hub: Unveiling Kingdom’s strategy to attract investments

Recent economic reforms fostered country’s openness on foreign investment

Global Labor Market Conference in Riyadh: Signing of 70 agreements worth $137 mn

Global Labor Market Conference in Riyadh: Signing of 70 agreements worth $137 mn

Event witnessed the participation of over 6,000 attendees from over 40 countries

ECB holds interest rates steady: When can we expect cuts to start?

ECB holds interest rates steady: When can we expect cuts to start?

No lowering of the guard, Lagarde says

Moody’s affirms Lebanon’s C rating, changes outlook to stable

Moody’s affirms Lebanon’s C rating, changes outlook to stable

Rating highlights a negative real GDP growth of 2.6 percent in 2022

Mohamed Al Musharrkh: Sharjah’s rise fueled by growing foreign direct investment

Mohamed Al Musharrkh: Sharjah’s rise fueled by growing foreign direct investment

FDI to boost various sectors including tourism, health and GreenTech

U.S. inflation surges ahead of Federal Reserve’s rate decision

U.S. inflation surges ahead of Federal Reserve’s rate decision

Fed unlikely to implement rate cuts early 2024

Global trade forecasted to decline by $1.5 trn in 2023: UNCTAD

Global trade forecasted to decline by $1.5 trn in 2023: UNCTAD

Shrinking by roughly 5 percent to around $30.7 trn this year

Sheikh Mohammed bin Rashid establishes Dubai Investment Fund to oversee government investments

Sheikh Mohammed bin Rashid establishes Dubai Investment Fund to oversee government investments

New fund aims to enhance financial stability and generate returns

Final week of meetings for major central banks: Interest rates to remain unchanged

Final week of meetings for major central banks: Interest rates to remain unchanged

Projected rise in annual inflation rate in the U.S.