Banking & Finance

Saudi Arabia’s PIF gets $40bln from foreign reserves to fund overseas investments

RIYADH: Saudi Arabia transferred a total of 150 billion riyals ($40 billion) from central bank foreign reserves to fund investments by sovereign wealth fund...

Fiscal buffers set to cushion Abu Dhabi from oil, COVID-19 impact

Abu Dhabi's real GDP growth will gradually recover from 2021 on the back of higher oil prices and improving domestic demand, after the economy...

Bank of Sierra Leone stimulus package – how and where should the money be spent?

Jesmed F Suma: Sierra Leone Telegraph: 30 May 2020: The success of the proposed new social compact would be predicated on recognizing the intricate link...

Dubai reopens gyms, restaurants after months of closure

May 30, 2020 Dubai residents can now move about freely from 6 a.m. until 11 p.m., according to a May 25...

S&P sees Abu Dhabi, Bahrain economies contracting on oil, virus

DUBAI (May 30): Abu Dhabi’s economy will contract 7.5% this year, S&P Global Ratings said, citing lower oil production and the coronavirus pandemic.“Abu Dhabi’s...

Funding for Ghana based women owned businesses launched

Small and medium businesses based and owned by women in Ghana are expected to receive support to boost their businesses under the auspices of...

PH gov’t extends help to OFWs in Dubai

Laging Handa Public Briefing, which regularly airs on PTV, features guests from government and the private sector discussing the management of the COVID-19 pandemic....

Abu Dhabi economy to contract by about 7.5% this year – S&P

DUBAI, May 30 (Reuters) - Abu Dhabi’s real gross domestic product (GDP) is expected to contract by 7.5% this year because of lower oil...

Latest news

Abu Dhabi Fund for Development launches AED 1 billion initiative to support national companies during COVID-19 pandemic

Abu Dhabi Fund for Development (ADFD) has announced an AED 1 billion initiative to support national companies during the...
- Advertisement -

AfDB: Sierra Leone president assures Adesina of country’s support

President Julius Maad Bio of Sierra Leone has assured President of African Development Bank (AfDB), Dr Akinwumi Adesina, of...

Coronavirus pandemic: More than 200 homeless Pakistanis to be repatriated from Dubai

Photo: Consulate General of Pakistan Twitter/FileDUBAI: More than 200 homeless Pakistanis in Dubai have been handed over to Pakistan...

Must read

- Advertisement -

You might also likeRELATED
Recommended to you

Radio Lessons are the Most Scalable Option for Distance Learning in Liberia

Share with your network! The same students whose entry to...

Lutte contre le Covid-19 : CFAO Côte d’Ivoire offre trois véhicules au ministère de la Santé

« En tant qu’entreprise importante présente dans le pays,...

Malls in Dubai can operate at 70 per cent capacity, starting May 27

The changes come after a meeting held by Sheikh...