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OPEC+ will continue with cuts to attain market stability: OPEC Official

Mohammed Barkindo, Secretary-General of global oil producer's alliance Organization of the Petroleum Exporting Countries (OPEC) has remarked that OPEC+, which includes the body and...

More opportunities in new economy driven by COVID-19: GCC executives

In the wake of the coronavirus pandemic, the opportunities in the new economy are much higher than before in the region and those with...

Tough 18 months ahead for GCC Banks; S&P

American credit rating agency, S&P Global Ratings has observed that banks in the GCC region face an uphill battle in the next 18 months...

GCC pharma sectors to spend billions of dollar to tackle COVID-19

Pharmaceutical research companies and manufacturers in the Gulf region are making every possible effort to meet the challenges of COVID-19, and are now investing...

Abu Dhabi & Dubai top regional smart cities indices

Institute for Management Development's (IMD) 2020 Smart City Index has ranked both Dubai and Abu Dhabi as the best smart cities in the MENA...

Middle East gets new e-commerce portals from Max Mara and Boohoo

Global fashion giants, Max Mara from Italy and the British e-retailer Boohoo have both launched new digital platforms for their Middle Eastern customers. Max Mara,...

Slowly but steadily GCC is recovering: Economists

Economists believe the worst is behind us as recovery is making headway - slowly, but at a steady pace. GCC countries are emerging from the...

GCC Sukuk issue to grow in H2 2020; Moody’s

The international credit rating agency Moody's expects the Gulf Cooperation Council (GCC) countries to lead the issuance of Islamic debt or Sukuk in the...
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