HSBC to fund Lebanon’s Zouk and Jiyeh power plants rehabilitation
HSBC Bank won a tender to carry out maintenance work at Zouk and Jiyeh power plants instead of providing the...
Finance
Iraq adds to gold reserve first time in years
Iraq made its first major move in years to bolster its gold reserves in recent months, while Brazil increased its...
Lebanon’s Bank Audi capitalizing on Turkish market
The expansion of Bank Audi to the huge and lucrative Turkish market is paying off as plans are afoot to...
Eastern Province third largest investment destination in Saudi Arabia
With the rapid progress and massive development in the Eastern Region, it has the potential to become the third leading...
Iraq aims to be passage between Asia and Europe
Ministry of Reconstruction and Housing disclosed that it will build modern highways with the neighboring countries in order to enhance...
Saudi SAMA’s foreign assets surge 20.7% to $627 billion
Saudi Arabia's monetary system continues to overflow with liquidity as the monetary base (M0) for the fifth consecutive month, expanding...
Lebanese Central Bank to submit framework for new subsidized loans by year-end
In the last meeting between the BDL and the Association of Banks in Lebanon (ABL), Governor Riad Salamé indicated the...
Investments in the UAE’s industries reach $34 billion
“Investments in the UAE’s industries reached Dhs. 124 billion, said Abdullah Sultan Al Fan assistant undersecretary for Industrial Affairs at...
Foreign investments of Lebanese financial sector at $5.4 billion
BDL Figures show that the net investment portfolio of Lebanese banks and financial institutions in foreign debt and equity securities...
Qatar’s insurance industry set for major overhaul
The insurance industry might undergo an overhaul with new rules and regulations expected to be implemented soon, the Qatar Central...
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