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Lebanon's real GDP growth is expected to pick up in 2018 supported by the reopening of trade routes with Syria and Iraq by mid-2018. (File photo)
December 14, 2017 - 14:07 GMT
A London-based financial research center has projected positive economic growth for Lebanon on the expected reopening of trade routes in Syria and Iraq in 2018.
Saudi Arabia has announced that electronic purchases are subject to the value added tax (VAT), effective January 1. (File photo)
December 14, 2017 - 13:48 GMT
Saudi Arabia has announced that electronic purchases are subject to the value added tax (VAT).
The UAE, Saudi Arabia and Bahrain have raised their interest rates today. Kuwait's interest rate remains unchanged. (File photo)
December 14, 2017 - 13:03 GMT
Saudi Arabia, the UAE and Bahrain said they were raising their interest rates following a decision by the US Federal Reserve to increase interest rates by 25 basis points.
King Salman on Thursday issued a decree allocating SR72 billion ($19.2 billion) of stimulus funds to support the private sector in 2018. (AFP/ File)
December 14, 2017 - 11:12 GMT
King Salman on Thursday issued a decree allocating SR72 billion ($19.2 billion) of stimulus funds to support the private sector in 2018.
When it comes to Egypt's economy in the coming years, three economic issues in particular are prompting investors to hedge their bets. (AFP)
December 13, 2017 - 21:37 GMT
When it comes to Egypt's economy in the coming years, three economic issues in particular are prompting investors to hedge their bets.
While the price of Bitcoin can suddenly rise to an extreme level,
December 13, 2017 - 21:04 GMT
While the price of Bitcoin can suddenly rise to an extreme level, "it can also collapse later," he warned.
Saudi Arabia's most well-known businessman Prince Alwaleed bin Talal is still under arrest. (Getty)
December 13, 2017 - 20:47 GMT
Saudi Arabia is reportedly planning to set up a unit to manage assets handed over as settlements by officials and princes accused of corruption.
China purchased 8.47 million barrels of crude oil in the first 11 months of this year, up 12 percent from the same period of 2016. (File photo)
December 12, 2017 - 19:00 GMT
China's crude oil imports in November grew 14.5 percent from a year earlier, according to official data.
“The UAE is exploring other tax options according to best international practices.” - Ministry of Finance (File photo)
December 12, 2017 - 18:00 GMT
The National cited a Ministry of Finance statement as confirming the country was “exploring other tax options according to best international practices.”
The first tranche of Dh3 billion will be paid in January 2018, and the remaining Dh1 billion will be paid following the annual general meeting in April 2018. (File photo)
December 12, 2017 - 14:24 GMT
The first tranche of Dh3 billion will be paid in January 2018, and the remaining Dh1 billion will be paid following the annual general meeting in April 2018.
Adnoc Distribution is scheduled to list on Wednesday on Abu Dhabi Securities Exchange (ADX) following an IPO that raised Dh3.1 billion. (File photo)
December 12, 2017 - 14:06 GMT
Nasdaq Dubai said it will launch futures on Adnoc Distribution and Emaar Malls tomorrow, as Adnoc prepares to list on Abu Dhabi Securities Exchange.
The price of Brent crude oil has reached a new high by surpassing $65 per barrel, its highest level since mid-2015. (File photo)
December 12, 2017 - 13:54 GMT
The price of Brent crude oil, the international benchmark, has reached a new high by surpassing $65 per barrel, the highest level since mid-2015.
The Middle East and North Africa (MENA) region saw 400 percent more IPOs in 2017 compared to the same period of 2016, according to a new report. (AFP/ File)
December 11, 2017 - 18:00 GMT
The Middle East and North Africa (MENA) region saw 400 percent more IPOs in 2017 compared to the same period of 2016, according to a report by Ernst & Young.
Dubai's budget for 2018 includes over Dh5 billion ($1.3 billion) dedicated to Expo 2020 projects alone. (File photo)
December 11, 2017 - 14:53 GMT
Dubai's budget for 2018 includes over Dh5 billion ($1.3 billion) dedicated to Expo 2020 projects alone.
On Sunday, 24-karat gold in the UAE was trading at Dh151.25 per gram, the cheapest since July. (File photo)
December 10, 2017 - 21:32 GMT
On Sunday, 24-karat gold in the UAE was trading at Dh151.25 per gram, the cheapest since July.
Trading of the first U.S. bitcoin futures is set to begin at 18:00 ET on Sunday. (File photo)
December 10, 2017 - 20:44 GMT
Trading of the first U.S. bitcoin futures is set to begin at 18:00 ET on Sunday.