Tag: finance

China’s winning the trade war if you just take the numbers – the percentage of world trade and dominance,” Ray Dalio said.

The session discussed the role that fiscal policy can play in achieving sustainable development, and was organised on the sidelines of the World Government Summit 2023 (WGS2023).

“We expect to see a similar trend this coming year as more hedge fund managers are opting to relocate to Dubai, given the emirate’s good infrastructure, low taxes, and light regulation.” Due to the …

Ray Dalio, the founder of hedge fund Bridgewater Associates, said China is coming out on top in the trade war with the US, though the standoff between the world’s two biggest economies likely won’t …

Shuaa Capital, an investment banking and asset management firm based in Dubai, has reported that its fourth-quarter net profit more than doubled annually amid a continued focus on its “strategic …

The UAE has been investing and setting up regulatory bodies specialising in financial crime, particularly, the Executive Office of Anti-Money Laundering and Counter Terrorism Finance …

Dubai Islamic Bank PJSC (“DIB”), rated A3 by Moody’s and A by Fitch successfully priced its second Sustainable Sukuk – a landmark USD 1 billion 5.5-year senior issue with a profit rate of 4.80% per …

However, U.S. climate envoy John Kerry and France’s finance minister both backed his selection by the UAE, a key Mideast ally. The UAE also wants to be carbon neutral by 2050 — a target that remains …

As the climate summit president continues to face criticism for his role as head of the UAE’s state oil producer, Sultan Al Jaber argued that his position will serve more as an asset than an obstacle …

DUBAI – During a high-level closed session on Climate Finance at the World Government Summit 2023 (WGS2023), the Ministry of Finance (MoF) and the International Monetary Fund (IMF) discussed the …

Nigerian President Muhammadu Buhari has directed the central bank to increase the amount of foreign currency allocated to Dubai’s Emirates, after the airline suspended flights to and from Nigeria …

The United Arab Emirates government launches programme to accelerate the digital transformation of the country’s finance sector.

DUBAI (Reuters) – The World Bank is particularly concerned in the Middle East and North Africa region about Lebanon and Tunisia and, to a lesser extent, Egypt and Jordan, the bank’s vice president for …

UAE Economy Minister Abdullah bin Touq Al Marri speaks to … A Division of NBCUniversal Data is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, Stock …

Oman’s state energy company OQ could raise as much as 94 million rials ($244 million) from the initial public offering of its drilling unit, Abraj Energy Services, and has brought in Saudi Arabia’s …

Sign up for our Middle East newsletter and follow us @middleeast for news on the region. The largest power producer in the United Arab Emirates plans to sell bonds …

Mashreq also ranks number one for services in Middle East, Africa, Egypt, Bahrain, Kuwait, Qatar, and Bangladesh The Bank earns nine accolades in total Dubai, UAE: Mashreq, one of the leading …