Saudi Central Bank Funds $13.3 Billion to Support Bank Liquidity
In the wake of coronavirus pandemic, Saudi Central Bank said on Monday to be providing $13.3 ...
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Abu Dhabi’s ADQ Declares $300mn Fund in Southeast Asia and India Start-ups
Abu Dhabi based public joint stock company- ADQ has declared a new capital fund worth $300 ...
Saudi Sovereign-Wealth Fund on a Stakes Buying Spree
Saudi Arabia’s $300 billion sovereign-wealth fund has turned out to be one of the largest bargain hunters, buying ...
Saudi’s Finance Ministry issues $1.53bn in Sukuk
Saudi Arabia’s Ministry of Finance has raised 5.755 billion riyals ($1.53 billion) in sukuk, as part of the monthly ...
UAE to make additional cuts to ease dwindling oil demand
In the event of announcing reductions in oil supply, energy minister of United Arab Emirates said ...
UAE based growmore to acquire Lithuania bank
UAE based Growmore Group announced this Thursday to enter a deal to acquire Medicinos Bankas UAB, ...
Saudi’s Central Bank reconfirms pegging to U.S. Dollar
The Saudi Arabia’s central bank which is aiming at a sustainable economic growth during the coronavirus pandemic asserted its commitment ...
Saudi residential market observes an upturn of 2.1% in property prices
Giving a cautious optimism for the real estate sector, the Saudi Real Estate Index increased by 1.2% in the ...
Oman Insurance expedites claims payments for medical providers
Despite burdened financial tightness, Oman Insurance Company (OIC) has announced to actively speed up claims payments on hospitals. OIC has already initiated and moved ...
Historic oil deal closed by Trump to resurrect oil prices
The price war between Russia-Saudi Arabia comes to an end with one of the biggest oil ...
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