Tag: Economic Recovery
Saudi to support economic growth, more IPO’s with long term loans
The Project Support Fund of Saudi Arabia has signed an agreement with Tadawul, the kingdom's stock exchange, to provide listed companies with long-term loans...
Better economic growth in MidEast requires improved governance, corruption regulation: IMF
Reforms to improve economic governance and reduce vulnerability to corruption are central to fostering higher and more inclusive growth in the Middle East and...
Global sukuk issuance to rise in 2021 following economic recovery: S&P
With the low-interest rates and great liquidity, the economy of GCC, Malaysia and Indonesia are expected to recover soon which in turn will spur...
UAE, Saudi displays strong business recovery in 2020 end
Business activity in the Arab world’s two largest economies improved at the end of last year, with Saudi Arabia seeing its strongest expansion in...
Global economy begins recovery; G20 countries post growth in Q3
Following unprecedented declines in the first half of the year due to COVID-19 containment measures, the world's 20 largest economies have rebounded in the...
GCC to post 2.5% economic growth between 2021-2023: S&P
Countries in the Gulf Cooperation Council (GCC) region will make a moderate economic recovery in the coming few years amid the expectation that the...
OECD revises global economic outlook as vaccine trials bring hope
The Organization for Economic Co-operation and Development (OECD) has updated its global economic outlook, projecting a contraction of 4.2 percent this year.
This is an...
Oman in negotiation with banks for loan of nearly $1 billion:...
As the oil-producing Gulf state seeks more funding ahead of heavy debt redemptions over the next two years, Oman is negotiating a loan of...