Dubai / AFP The International Monetary Fund on Tuesday raised its 2016 growth forecast for the Middle East and North Africa after a rebound in oil prices, but maintained its cautious outlook for Saudi Arabia. The region, along with Afghanistan and Pakistan, is set to see economic growth of 3.4 percent this year, better than a previous projection of ...

  DUBAI / WAM MAF Global Securities on Tuesday listed a conventional bond valued at US$ 300 million on Nasdaq Dubai. It was the third conventional bond to be listed on the exchange by MAF Global Securities, part of the Majid Al Futtaim Holding group, following listings in July 2013 and May 2014 of 500 million US Dollars each. Hamed ...

  Abu Dhabi / WAM The Executive Committee at the Executive Council, headed by Saeed Eid Al Ghafli, Chairman of the Executive Office, approved during its meeting an array of development projects in collaboration with the private sector worth a total of AED 470 million, in addition to making a number of decisions and adopting vital projects in the Emirate. In ...