Large GREs in the GCC are better positioned to withstand low oil prices, said S&P Global Ratings in a report, adding that the governments are on a path to addressing the fiscal deficits through various forms of expenditure reform.
The GRE Program has opened new test centers that will offer the computer-delivered GRE revised General Test in Iran and Morocco.
This comes in response to the growing number of individuals in Iran and Morocco who are considering g
The United Arab Emirates central bank is expected to announce within one or two months rules restricting the amount of exposure which banks can have to the debt of government-related entities (GREs), a top commer
United Arab Emirates banks' exposure to government-related entities is at its highest level as a percentage of capital since the 1970s, and there is little chance of authorities enforcing strict exposure limi
The International Monetary Fund has warned Dubai that the emirate might need to intervene in its property market to prevent another boom-and-bust cycle of the kind which brought it close to default four years ago.
Refinancing the debts of the UAE's government-related entities (GREs) remains a challenge made more difficult as European banks trim their activities in the region, the International Monetary Fund said on Sunday.
State-owned companies in t
Dubai's government-related entities (GREs) can pay down or refinance nearly $14 billon in debt maturing next year with relative ease, a report by investment bank J P Morgan said on Thursday.
The emirate's capital market risk is limited pri