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MENA News
Kuwaiti cabinet endorses 15% tax on multinational entities
Kuwait's Cabinet approved a draft law to introduce a 15 per cent tax on multinational companies operating across…
Jordan’s exports up, trade deficit down in Jan–Oct ’24
Jordan's national exports grew by 4 per cent in the first ten months of 2024, reaching JD7.16 billion, while total…
UAE c. bank projects 4.5% GDP growth in ’25
The Central Bank of the UAE (CBUAE) projects strong economic growth, with the UAE's non-oil trade exceeding AED 1.3…
Sisi: Egypt to ratify D-8 Preferential Trade Agreement
President Abdel Fattah El-Sisi announced on Thursday Egypt’s plans to ratify the Preferential Trade Agreement (PTA)…
Saudi Global Ports eyes $1b IPO in Riyadh
Saudi Arabia's Public Investment Fund (PIF)-backed Saudi Global Ports Co. is planning an initial public offering…
Fitch: Credit growth strengthens Qatari banks in 9M ’24
Fitch Ratings expects in its latest report on Wednesday that the Qatari banking sector would maintain its…
Fitch upgrades Oman’s outlook to positive, affirms ‘BB+’ rating
Fitch Ratings has revised Oman's Outlook to Positive from Stable and affirmed its Long-Term Foreign-Currency Issuer…
Libya’s economy set to stabilise – World Bank
Libya’s economy is set to stabilise following an agreement that resolved the leadership crisis at the Central Bank…
Morocco’s c. bank cuts rates to 2.5%
Morocco's central bank (Bank Al-Maghrib) has reduced its key rate by 25 basis points to 2.5 per cent, following its…
Syria’s FX reserves plunge to critical levels
Syria's foreign currency reserves have fallen to very low levels, with the central bank's dollar reserves estimated…
