Category: FINANCE

Under the agreement, Bank Hapoalim will become part of DIFC’s global network of banks, financial centres, regulators and companies …
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Leaders of the 20 biggest world economies (G20) are discussing how to deal with the unprecedented Covid-19 pandemic that has caused a global recession and how to manage the recovery once the …
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The Dubai International Financial Center (DIFC) and Israel’s Bank Hapoalim have agreed to cooperate across financial services activities, the Dubai Media Office said in a statement on Saturday. “Bank …
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Dubai properties … It is often treated as a hedge against economic uncertainty or political unrest or as a safe haven asset. Stowing the physical metal in the form of coins, bars or jewellery, …
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The first meeting included the G20 Finance and Central Banks’ Deputies in their sixth meeting this year, which was held from 11 to 16 November …
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All good things come to those who read.

Khaleej Times, the UAE’s largest selling English daily, has launched its Subscription Drive to reward its readers who have shown relentless support to …

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The Public Investment Fund, Saudi Arabia’s sovereign wealth fund, said on Thursday it has increased its stake in ACWA Power to 50% from 33.6% as part of a move to support the renewable energy sector …
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(Bloomberg) — The United Arab Emirates ratcheted up tension with oil allies in OPEC+, with officials privately questioning the benefits of being in the producers’ alliance and even considering …
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Dubai’s main share index added about 0.3% … Qatar National Bank gained 0.7% while another finance stock, Qatar Insurance Co, tacked on 2.5%. Outside the Gulf, Egypt’s benchmark index lost 0.7%, …
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Saudi shares reversed course to end sharply higher on Wednesday as further positive news on COVID-19 vaccine development cheered investors, while the Abu Dhabi market posted losses on a day when most …
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Star-spangled and featuring a SpaceX rocket module, the US pavilion at the gigantic Expo 2020 Dubai site was handed over Wednesday less than a year before the delayed launch of the world fair. The six …
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With Beijing spooking some investors in Hong Kong, other Asian cities are angling for prominence as arbitration centers.
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The initiative would shield the economy from the impact of the pandemic and place the UAE in an ideal position to recover, once the pandemic is over …
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Non-oil bilateral trade between the Oman and the United Arab Emirates reached 48 billion dirhams ($122 million) in 2019, the UAE’s state press agency WAM reported on Tuesday, according to figures …
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The UAE’s Ministry of Finance said that non-oil trade between the UAE and Oman in 2019 stood at Dhs48bn, according to statistics reported by state news agency WAM. The ministry said that the UAE’s …
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The United Arab Emirates was assigned the fourth-highest investment grade at Fitch Ratings as the Gulf nation prepares to issue a federal bond for the first time.
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The Ministry of Finance highlighted the UAE’s keenness to reinforce its overall cooperation and ties with Oman, which is confirmed by figures and statistics from 2019 while congratulating Oman on the …
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