The International Monetary Fund Executive board approved a three-year, $6 billion loan package for Pakistan on Wednesday.
The tranches were fully subscribed by a syndicate of leading UAE banks, the government statement said.
Egypt will remove subsidies on most energy products by June 15, it told the International Monetary Fund in a January letter released by the IMF on Saturday as part of a review of Cairo’s three-year, $12 billion loan programme with the lender.
The International Monetary Fund (IMF) cut its forecast for Russian economic growth in 2019 to 1.2% from 1.4% after a weak first quarter, saying broader reforms would be needed for stronger growth.
Euro zone stocks surged on Wednesday as investors piled into firms with big dividends on hopes European Central Bank chief nominee Christine Lagarde will maintain the ECB’s dovish stance, while Italian shares jumped over 2% on avoiding a EU sanction threat. The blue-chip eurozone STOXX index
In his capacity as Ruler of Dubai, Vice President and Prime Minister of the UAE His Highness Sheikh Mohammed Bin Rashid Al Maktoum has issued Law No. 4 of 2019 pertaining to Dubai’s Real Estate Regulatory Agency, Rera.
As many as thirteen Philippine lifestyle companies including four small-medium enterprises are in the UAE not only to build prospective partnerships with Middle East counterparts but also to explore the demands of the region
Pearl Initiative, a business-led non-profit organisation promoting corporate accountability in Gulf’s private sector, has taken the next big step in fortifying the governance atmosphere for one of the region’s most prolific economic sectors – micro,