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finance

Saudi budget: Revenues reach SAR274 bln, showing rise of 67 percent in Q2

Wednesday, 20 May 2020

Saudi Arabia’s Ministry of Finance released its budget report for the second quarter ......

IMF: Saudi Arabia’s real GDP growth is expected to increase

Wednesday, 20 May 2020

The Executive Board of the International Monetary Fund (IMF) announced that Saudi Arabia’s ......

Report: UAE banks continue to register higher profitability

Wednesday, 20 May 2020

UAE banks continue to perform well, with higher levels of profitability, and liquidity is expected ......

UAE: Court case over Abraaj founder’s Naqvi adjourned until July 15

Wednesday, 20 May 2020

A case involving the founder of private equity firm Abraaj, Arif Naqvi, and another executive for ......

Abraaj to face creditors in bid to safeguard its future

Wednesday, 20 May 2020

Abraaj Group announced that it will meet shareholders and lenders on Monday to discuss its ......

Saudi finance minister says on track to cut budget deficit to 7 pct of GDP

Wednesday, 20 May 2020

Saudi Arabia is on track on to cut its budget deficit to 7 percent of gross domestic product this ......

Egypt expects GDP growth for FY 2017/18 at 5.2 percent

Wednesday, 20 May 2020

The International Monetary Fund (IMF) expects Egypt's GDP growth to hit 5.2 percent in the current ......

Bitcoin declared halal by Indonesian Islamic scholar

Wednesday, 20 May 2020

A recent study conducted by an Islamic scholar at Blossom Finance in Indonesia has claimed that the ......

Nobel laureate Prof. Yunus: Today’s financial order is a ticking time bomb

Wednesday, 20 May 2020

Despite his mild manners Prof. Muhammad Yunus is easily recognizable in the crowd. It seems years of ......

Abu Dhabi considering guide to regulate virtual currency exchange

Wednesday, 20 May 2020

Abu Dhabi’s Financial Services Regulatory Authority (FSRA)is developing and considering a ......

Egypt's finance minister: Budget deficit at 9.4 pct/GDP in 2017-18

Wednesday, 20 May 2020

Egypt’s budget deficit for the 2017-2018 fiscal year is expected to reach 9.4 percent of gross ......

Green grows my garden: Spreading roots of ethical investment

Wednesday, 20 May 2020

Dr. Mohamed A. Ramady is Senior Advisor with Partner Energy, and former Visiting Associate Professor, Finance and Economics, at King Fahd University of Petroleum and Minerals , Saudi Arabia. He specializes on middle east energy policy, the Saudi Economy, OPEC, GCC regional geo -political risk assessment and has authored many books such as “The Saudi Arabian Economy: Policies, Achievements and Challenges”, “GCC Economies: Stepping up to Future Challenges”, “Economic, Political and Financial Country Risk: An analysis of the GCC countries” . In 2015 he completed several books on “OPEC in a shale oil world : where to next ?”; “The Rentier Theory Revisited”; and “The Political Economy of Social Capital” .

Dr Ramady has held senior level positions for more than 28 years in banking, finance and investment, as a Vice President with Citibank where he was posted in Europe and the Middle East and seconded to the Saudi American Bank as well as with First City Texas Bank, Qatar National Bank, and Qatar International Islamic Bank. Dr Ramady obtained his BA and PhD in Economics, at the University of Leicester, UK, a Postgraduate Masters Degree in Economic Development, University of Glasgow, UK. He is a Fellow of the Chartered Institute of Bankers, UK .

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Egypt’s finance minister expects inflation rate below 20 percent next month

Wednesday, 20 May 2020

Egypt’s inflation is expected to fall below 20 percent next month and to 10 to 12 percent ......

Amr Banaja: Of CSR, Vision 2030 and financial literacy in Saudi Arabia

Wednesday, 20 May 2020

For all intents and purposes, Amr Ahmed Banaja is just another Saudi-born Western-educated executive ......

Riyadh: No special treatment for any suspended official in corruption cases

Wednesday, 20 May 2020

Saudi Arabia announced on Sunday that the arrested officials in corruption cases would not receive ......

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