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FinMin to reduce penalties for late tax payments by up to 90%
A number of tax facilities that have to do with SMEs, simplifying tax procedures, and settling disputes will take effect…
It’s Qatar’s turn to stake its claim in global finance
PLUS- JPMorgan muscles into the USD 2 tn private credit market
All eyes are on the Fed’s preferred inflation gauge, out this week
The market is already jittery after January’s hotter-than-expected consumer price index
Egypt to complete EGP 2-3 bn sukuk issuance within a month
The issuance will be Egypt’s second-ever sukuk issuance and the first to be EGP-denominated
European stocks deliver their best performance against the US in a decade following Trump’s inauguration
Delayed US tariffs and potential peace in Ukraine are the main drivers of the rally in European stocks
HSBC to exit Bahraini retail banking business + unveils plan to cut costs
The move is pending the Central Bank of Bahrain’s approval and is expected to be completed in 4Q 2025
ADIB appoints Mohamed Hamdy as CEO of ADI Consumer Finance
ADIB taps Mohamed Hamdy as new CEO of ADI Consumer Finance: The Abu Dhabi Islamic Bank (ADIB) appointed Mohamed Hamdy…
The S&P 500 hits fresh high
The benchmark index closed up 0.2% at a record 6,130
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