Tag: funds
OFID approves US$20m for SMEs in East Africa
(WAM) -- The OPEC Fund for International Development, OFID, has signed a US$20 million term loan in favour of East African Development Bank, EADB....
Coronavirus Update: 14 New Cases in UAE; ATM Postponed, Saudi Flights Suspended
The UAE's Ministry of Health and Prevention has announced 14 new cases of the Covid-19 coronavirus had been confirmed in the country. Four of them...
Negative Yields, Shrinking Unicorns and More Challenges for 2020
(Bloomberg Markets) --Risk took on some surprising shapes in 2019. People stood up to governments. Negative yields rattled the bond market. Passive funds overtook...
EU plans $3.9 billion fund for startups in ‘Valley of Death’
(Bloomberg) -- The European Union is planning a 3.5 billion-euro ($3.9 billion) fund that will invest in early stage technology in an effort to...
CBO rises OMR55mn through treasury bills
The Central Bank of Oman (CBO) raised OMR55mn by way of allotting treasury bills yesterday. The bills have a maturity period of 91 days,...
