Motivate Media Group, along with an expert panel, has selected 20 SMEs as the beneficiaries of the $1m initiative
The six-year bond with a 6 per cent interest rate was 2.1 times subscribed
A new management team was brought into the fund in 2017 to transform the state-owned institution
Markets have been volatile during the final weeks of the campaign as investors fretted over the potential for a contested outcome
The package was approved by the Crown Prince of Sharjah, Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, on Tuesday
The company has put thousands of employees on indefinite leave in recent months
The 2020 elections will show what matters the most to American voters: the stock market performance, or the real economy
However, employment numbers dropped at the fastest rate since June
The International Monetary Fund sees Oman’s economy shrinking 10 per cent this year
The five-year sukuk was oversubscribed nearly three times
He was formerly appointed as CEO of Abu Dhabi National Energy (TAQA)
The new federal budget is 5.2 per cent lower than the 2020 figure of Dhs61.35bn
It reported a nine-month net profit from January-September 2020 of Dhs2.802bn, down 33 per cent compared to Dhs4.196bn in the corresponding period last year
Oman REIT Fund is planning an initial public offering that could raise about $100m
The Nasdaq Dubai Growth Market will be operational by early 2021
The overall value of economic support provided by the emirate in 2020 has risen to Dhs6.8bn
The bond has been rated Baa3 by Moody’s and BBB by Fitch
The law does not include the previously proposed quota system for expat nationalities
The UAE, US and Israel also established a $3bn Abraham Fund to help stimulate private sector-led investments across the region
New projects worth over Dhs80bn are either ongoing or envisaged for completion over the next five years
China remained Dubai’s largest trading partner with Dhs66.4bn worth of trade
The new equity futures platform is slated to launch on October 18
It is aimed at helping small and medium enterprises enhance their competitiveness
The sultanate has warned of strict action against violators
The service centre in Dubai’s Al Twar area was shut down after its opening ceremony was found to be “overcrowded”
The kingdom resumed the Umrah pilgrimage on October 4 in phases
ADIO will help connect Israeli companies with strategic entities and grant them access to resources in Abu Dhabi
Those found guilty will also be liable to pay a fine of not less than Dhs200,000
The 10-year Euro Medium Term Note Programme reached maturity on October 5
Nearly half of young Arabs have considered leaving their country, due to lack of opportunities and corrupt governance, finds annual Asda’a BCW survey