(Bloomberg) — Gold jumped after the Federal Reserve cut its benchmark interest rate by a full percentage point to near zero, sending U.S. equity futures tumbling, and...
(Bloomberg) — Oil’s spectacular collapse deepened as investors weighed measures by governments and central banks to help shore up the global economy against the spreading coronavirus with...
(Bloomberg) — Most equity markets in the Middle East fell on Sunday, despite efforts by central banks across the region to protect economies from shocks related to...
(Bloomberg) — Saudi Aramco is slashing planned spending this year in the first sign that plunging demand and the oil-price war the kingdom unleashed are hitting home....
Aldar – the leading Real Estate Developer in Abu Dhabi – will invest AED2 million in Abu Dhabi’s first social impact bond as part of a...
Oman Arab Bank (OAB) has announced the launch of the first-of-its-kind Innovation Lab in the banking sector in Oman. The event was held with Rashad Al...
Arab India Spices, world’s second-largest pulses processor, has joined the list of companies investing in Hamriyah Free Zone with the construction of grain storage warehouses at...
Bank Muscat, the flagship financial services provider in the Sultanate of Oman, has successfully closed a senior unsecured loan facility of $650 million with a consortium...
(Bloomberg) — Apple Inc. said Saturday it’s closing its hundreds of retail stores outside of Greater China until March 27 and is moving to remote work in...
(Bloomberg) — Every economic shock leaves a legacy. The deadly coronavirus will be no different. The great depression spurred a “waste not want not” attitude that defined consumer patterns...
