Friday 26 May 2017
 
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World Bank offers $350m support to Morocco reforms

The World Bank has announced a $350 million programme to support wide-ranging reforms of financial intermediation in Morocco. The operation supports new sources of financing for small and medium enterprises (SMEs) while improving the regulatory oversight of the banking sector.

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Apple Multi-Asset starts trading DGCX Shanghai Gold Futures

The Dubai Gold and Commodities Exchange (DGCX) recently launched a new financial product -- Shanghai Gold Futures (DSGC). This is the first time a Chinese futures product can be accessed outside of China and also traded and settled in Yuan. Apple Multi-Asset DMCC (

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CrediMax launches new premium cards

CrediMax, a pioneering credit card issuer and acquirer in Bahrain, has launched its newest Top Premium Cards, Visa Infinite and MasterCard World Elite with a range of exciting benefits. The launch was held during a cocktail reception party at the Ritz-Carlton Hotel Bahrain.

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Saudi 'making good progress in boosting private sector'

Saudi Arabia is making good progress in identifying and reducing obstacles to private sector growth and a large, sustained fiscal adjustment is needed to achieve budget balance over the medium term, an IMF report said.    An International Monetary Fund (IMF

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