07/16/2019
ADIA’s returns fell to the lowest since it began reporting in 2008.Still, the fund almost matched the performance of the S&P 500 stock index, which had an average annualized return of about 5.6% over the past 20 years.
07/16/2019
Building on annual research since 2010, Dell Technologies ranks cities based on the impact of local policies, programs and characteristics in addition to national laws and customs to help improve support for women entrepreneurs and the overall economy.
07/15/2019
In Saudi Arabia, the Tadawul main index rose 0.5 percent, with banks and petrochemical companies leading the gains
07/15/2019
Kuwait’s finance minister holds meetings with bank’s top officials]
07/14/2019
Taking a cue from the African Union, the Arab world can create a viable free trade zone
07/14/2019
Corrections in the sales market resulted in price declines for both apartments and villas of 5% and 3% respectively Q-on-Q;
07/14/2019
The tiny nation – the smallest in the GCC – is punching well above its weight
07/12/2019
Kuwait is one of only five countries with a per capita gross national income of more than $70,000.
07/12/2019
During H1, Dubai won a variety of key business events across multiple sectors and industries, including: the Amway China Leadership Seminar 2020, which is expected to attract 8,000 delegates, Sun Hope International Incentive 2020, with 1,500 delegates, Wo
07/12/2019
Central Bank of the UAE says reserves have increased by $1.36bn in first five months of 2019
07/11/2019
“In a modest stress case, the UAE banking system displays the highest resilience in the GCC. There are no funding gaps for the UAE banks and they have a strong net external asset position,” Benjamin J Young, director at S&P Global Ratings
07/10/2019
For someone unschooled in the events of the last decade, yields at these levels would seem to indicate the onset of a recession of note or at least some other systemic event of dire consequence.
07/09/2019
On the potential implications for banks and sovereigns in the GCC in a hypothetical scenario, the global ratings agency assumes that 25 percent of total foreign interbank deposits and 40 percent of foreign customer deposits would leave the GCC countries.
07/08/2019
Forbes Middle East releases its 7th annual ranking of the region's most impactful Indian leaders
07/08/2019
Entrepreneurship continues to be a growing trend in MENA.
07/07/2019
Growth is likely to be led by Warba Bank, which is projected for a 35 percent surge in profits, Al Qamr added.
07/07/2019
The bank, owned by the Iraqi government and with assets of around $30 billion, helps fund about 80 percent of the trade finance business in Iraq.
07/06/2019
The global financial services community is also keenly aware of climate change, and many professional money managers are now looking for ways to integrate environmental, social and governance
07/04/2019
Could a recent US-sponsored meeting on Middle East business help relations between Israel and Palestine?
07/03/2019
Common ownership of financial institutions has driven most mergers and acquisitions in the region so far