Islamic finance can play a central role in creating an alternative, more resilient economic and financial system, Central Bank of Bahrain Governor Rasheed Al Maraj has said.
According to him, at its core, Islamic finance was based
The need for greater economic diversification in Saudi Arabia and the opportunities that diversification will create for local and international banks will be reviewed at an upcoming Euromoney conference in the kingdom.
Hikma Pharmaceuticals, a fast growing multinational pharmaceutical group, provided insights on the impact of recent societal, political and economic developments on growth markets in the Arab world at the recently concluded World Economic Forum
Saudi Arabia’s $800 million printing industry is the oldest and biggest in the GCC and is growing at an annual rate of eight per cent per annum.
The printing of newspapers remains resilient with almost 5.2 million copies of
Businesses across key economic sectors including retail, aviation and hospitality were given a major boost during the first two weeks of the Dubai Shopping Festival’s 20th anniversary.
The preliminary economic indicators sho
A sharp drop in oil prices and a stronger US economy will probably not be enough to brighten the outlook for global economic growth this year, the head of the International Monetary Fund said.
IMF Managing Director Christine Lagar
Bahrain's economic growth will continue to remain robust with clear indications that infrastructure spending is significantly boosting non-oil sector momentum.
According to the Economic Development Board (EDB), the kingdom'
The need to develop economic and social programmes in all parts of the Islamic world was stressed by Bahrain’s Industry and Commerce Minister Dr Hassan Fakhro yesterday (November 27).
He was speaking at the 30th Standi
Egypt's government has to deliver economic growth to survive and can not let complex laws and bureaucracy discourage foreign investment, the country's investment minister said.
Egyptian President Abdel Fattah Al-Sisi, whos
Oxford Business Group (OBG), a global publishing, research and consultancy, has tracked Abu Dhabi’s fast-paced economic development for ten years.
Michelle Solomon, regional director for Abu Dhabi, said the milestone provide