Press Dossier   By Date  28/09/2020
Alvarez & Marsal appointed administrators of NMC Healthcare in UAE
Richard Fleming and Ben Cairns of Alvarez & Marsal on Sunday have been appointed joint administrators of a group of operating businesses related to NMC Healthcare by Abu Dhabi Global Market (ADGM) Courts.
GCC bond market pipeline promising; Bahrain, Oman likely next to issue debt
The pipeline for bond issuances by GCC governments looks strong as Oman and Kuwait are expected to be the next countries to issue the debt instrument.
Over 300K people, 10K SMEs benefit from UAE central bank stimulus
More than 300,000 individuals in the UAE have benefited from the central bank's Dh256 billion capital and liquidity buffers to help the economy to cope with the consequences of the Covid-19 pandemic, the regulator said.
More funds for Dubai SMEs
Small and medium enterprises in Dubai that are fully-owned and managed by Emiratis can now obtain financing of up to Dh1 million backed by a 100 per cent capital guarantee and financed by Dubai SME's financial arm, the Mohammed bin Rashid Fund.
Oman Air to resume flights to a dozen countries by October
Muscat-based Oman Air will resume flights to 18 cities in 12 countries, including the UAE and Qatar by Oct. 1, national daily Times of Oman has reported.
Saudi tourist visas to be available by 2021
Saudi Arabia will resume issuing tourist visas as early as January 2021 following months of lockdown, according to Tourism Minister Ahmed Al-Khateeb.
General Auditing Bureau adopts cybersecurity plan in Saudi Arabia
The General Auditing Bureau has adopted a cybersecurity strategic plan to strengthen and protect itself from internal and external threats.
Saudi Arabia's FM and Eritrean counterpart Osman Saleh Mohammed discuss bilateral relations
Saudi Arabia’s foreign minister Prince Faisal bin Farhan held a phone call on Sunday with his Eritrean counterpart Osman Saleh Mohammed.
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