10/01/2018
IMF Releases the 2018 Financial Access Survey
The data suggests that retail agent outlets are widespread in South Asia and Latin America, with countries like Mexico, Colombia and Maldives showing fast growth.
Research, Comment and Analysis
10/01/2018
Egyptian banking sector ranks fourth in asset terms: UAB
The combined assets of the Egyptian banking sector reached $284bln
09/30/2018
HSBC: A Flying Economy – the Economic Powerhouse Above the Clouds
Like all diverse populations, there is a set of cultural customs to abide by.
09/30/2018
Alhajeri: Foreign funds await harmonized trading with our institutional investors like mutual funds
These could be more professional if they include a multiplicity of institutional investor through mutual funds for example, which should play a much more important role in the future to dance with the international money, in addition to institutional fund
09/28/2018
Saudi Arabia plans to build ‘Riviera of the Middle East’
Saudi Arabia has dazzled investors with plans for a series of “giga projects”, funded in part by its sovereign wealth fund, but sceptics question their viability.
09/28/2018
CBB decision to raise rates is in line with monetary policy
The US Federal Reserve increased interest rates on Wednesday, due to the continuing strength of the US economy, as the Federal Reserve wishes to ensure that consumer price inflation stays under control
09/28/2018
Bahrain awaiting Gulf bailout package to repair its finances
The package may include deposits and low-interest loans, one of the people said.
09/28/2018
Bahrain attracts record levels of foreign investment
The strong growth has come in spite of a challenging global environment for FDI, with global FDI flows falling 23 per cent in 2017.
09/28/2018
Qatar boycott puts it at highest risk of downgrade globally – S&P
Saudi Arabia, the UAE, Bahrain and Egypt cut diplomatic and transport ties with Qatar last year
09/28/2018
Christie’s 'cautiously' optimistic on Middle East art sales
Auction house registered a decline in sales at its last regional auction in March
09/28/2018
Lack of regulation may have hindered fintech development - MEVP CEO
The amount invested in fintech firms around the world in the first half of 2018 has surpassed the figure for the whole of 2017
09/28/2018
Qatari investments in US exceed $45bn: Minister
The Minister participated in a roundtable organised by the Business Council for International Understanding at Harvard Club in New York City, on the sidelines of Qatar’s participation in the 73rd session of the United Nations General Assembly.
09/26/2018
Opportunity ripe for Dubai to attract more Chinese wealth
The Chinese are estimated to devour $1.5 trillion in overseas real estate within the next decade
09/26/2018
Saudi Arabia shouldn't be tarred with the same brush as other emerging markets, analyst says
Saudi Arabia is the biggest oil producer in the Middle East and the region's de facto lynchpin.
09/26/2018
58% of UAE residents plan to invest in property in the next 12 months
A new poll found most investors are eyeing a purchase in their home country with the Emirates the next preferred location
09/26/2018
Interview: AI, robotics to reduce construction costs in Gulf region by 20 pct: expert
Most of the construction processes have not changed in the last 50 years, and there is the hidden value to reduce costs and increase building efficiency, Hatam said.
09/26/2018
Global Financial Stability Report - IMF
The April 2018 Global Financial Stability Report (GFSR) finds that short-term risks to financial stability have increased somewhat since the previous GFSR.
09/26/2018
FaceOf: Homam Hashem, CEO of Saudi Arabia's Kafalah Fund
He began his career in 1993 as a systems analyst and programmer at the head office of the Banque Saudi Fransi in Riyadh
09/26/2018
Turkey is ready to support its banks, if needed: Albayrak
The minister noted the Turkish private sector’s debt-to-GDP was 65 percent, much lower than what all emerging countries face on average at 94 perc
09/25/2018
Preventing the wealth gap in innovation
Wealth creation is highly uneven in these innovation ecosystems