Cairo
The Arab Finance Ministers’ emergency meeting started at the Arab League Secretariat headquarters, under the chairmanship of Tunisia, to discuss the means to provide financial support to the Palestinian Authority’s budget. The meeting comes in the backdrop of the difficult situation imposed by the Israeli occupation authorities by deducting the amounts paid to the families of Palestinian martyrs and prisoners from the proceeds of exclusive Palestinian funds, in violation of the 1994 Paris Agreement"...

The IPO pipeline looks promising in the GCC as nearly 10 companies are aiming to go public in the near future with more than $7 billion (Dh25.7 billion) in fund raising in the offing.

Analysts said some of the entities could opt for international listings, especially on the London Stock Exchange (LSE), which has been the favourite international bourse of regional firms.

Vijay"...

Coroli, the region’s leading edible oil brand, was awarded Superbrands status at a gala event ceremony recently held in Dubai, UAE. The award was received by Dr. B. R. Shetty, Founder & Chairman of BRS Ventures and owner of Coroli brand. At the 15th annual Superbrands event, Coroli was recognised as a leading brand in UAE for its quality, performance and engagement with customers.

Accepting the award Dr. B. R. Shetty, Founder and Chairman,"...

A total of 10 startups from Africa and the UAE have been selected to participate in Dubai Chamber of Commerce and Industry’s Global Business Forum (GBF) Mentorship Programme which aims to foster cross-border cooperation and help participants expand their global presence.

Five UAE startups, members of Dubai Startup Hub, were selected to take part in the three-month programme, each offering unique and innovative solutions and platforms designed"...

The American University of Ras Al Khaimah (AURAK) Department of International Programs and Partnerships (DIPP) hosted a visit for a University of Texas-Arlington (UTA) delegation consisting of Dr. Curtis Andressen, the Vice Provost, and Dr. Bahram Khalili, the Associate Professor of Instruction, to discuss the possible expansion of their previously established agreement to include the Computer Science field and student and faculty exchange opportunities.

Initial"...

WASHINGTON (AP) — The Trump administration on Saturday unveiled a $50 billion Palestinian investment and infrastructure proposal intended to be the economic engine to power its much-anticipated but still unreleased 'deal of the century' Middle East peace plan.

The scheme, which calls for a mix of public and private financing and intends to create at least a million new jobs for Palestinians, was posted to the White House website ahead"...

CAIRO, Saturday, June 22, 2019 (WAFA) – Arab finance ministers are scheduled to meet at the headquarters of the Arab League in Cairo tomorrow to discuss providing a financial safety net to support the budget of the Palestinian government, according to Husam Zaki, assistant secretary general of the Arab League.

The meeting comes in the aftermath of the severe financial crisis affecting the Palestinian budget as a result of Israel’s deduction"...

The European Union, France and the Palestinian Government launched today a new innovative project linking renewable energies and water infrastructures in the North of Palestine. This project will include the first ever windmills that will be constructed in Tubas and Jenin Governorates. These windmills will provide clean energy for the water pumps in the area thus reducing significantly the costs for water delivery.

Tomas Niklasson, the Deputy EU"...

NABLUS, Thursday, June 20, 2019 (WAFA) – The 'Al-Quds Index' of the Palestine Exchange closed the week’s trading on Thursday at 528.19 points, up by 3.15 points (0.06%) compared to the last trading session, according to the PEX daily report.

A Total of 166,279 shares were traded with a value of $296,619.46 executed during 85 transactions.

Shares of"...

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