Bloomberg Business activity in the Arab world’s three largest economies returned to growth, with Egypt seeing its first expansion in 14 months. After a deterioration in August, the non-oil private sectors improved last month as companies adjusted to economic challenges of the global pandemic while governments eased restrictions put in place to stop the coronavirus. A measure of non-oil private ...

Dubai / WAM The Dubai Financial Market (DFM) and Nasdaq Dubai on Monday hosted a bell ringing ceremony with the participation of the Securities and Commodities Authority (SCA) on the occasion of World Investor Week 2020, an initiative of the International Organisation of Securities Commissions (IOSCO) aiming to promote investors awareness and protection of their rights. Senior officials present during ...

Abu Dhabi / WAM The Dubai Department of Finance (DoF) and Central Bank of the UAE (CBUAE) signed an MoU aimed at facilitating payment of fees owed by consumers of Dubai government entities and to ultimately advance the UAE’s digital transformation strategy for public services. Government entities in Dubai and their customers will now be able to access CBUAE’s direct ...