Bank Mashreq News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from Bank mashreq. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In Bank Mashreq Today - Breaking & Trending Today
/PRNewswire/ The PCI Security Standards Council (PCI SSC), a global standards body for the payment card industry, has expanded the role of Nitin Bhatnagar. ....
World’s Best Banks 2021: Middle East Advertisement May 04, 2021 This year was an exceptional one for everyone, everywhere, but perhaps even more so in the Middle East, where the economic slowdown induced by the pandemic was amplified by the drastic drop in oil prices and production. As a result, regional GDP contracted by 3.8% in 2020, reports the World Bank in its April update, adding that the estimated accumulated cost of the pandemic in terms of GDP losses to the region’s economies by the end of 2021 will amount to $227 billion. To try and weather the storm, governments set up stimulus packages and borrowed massively to sustain health care, housing and social welfare. As is often the case in times of crisis, structural imbalances were pointed out as major impediments to economic recovery, and decision-makers pulled the reform agenda back from their priority lists. ....