Gulf bonds posted further gains on Wednesday
The initiative is in recognition of their enormous efforts to safeguard health of citizen, residents
The initiatives are designed to ease financial transactions and improve payment solutions through electronic services
Gulf banks are losing out on a critical quarter for earnings with the coronavirus outbreak
UAE to halt visas on entry as of March 19
Dollar bonds maturing in 2047 issued Abu Dhabi, seen as one of the region's strongest credits, shed 4.6 cents
Decision was in compliance with a government directive to suspend attendance for employees in all government agencies, except for those in health, security and military sectors: SAMA
Lower government spending and delayed payments could have a domino effect on the economy
Aramco had a gearing of - 0.2% (minus) at the end of 2019, the company said on Sunday.
Most Gulf central banks tend to follow the U.S. Fed because their currencies are pegged to the U.S. dollar.