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Research, Comment and Analysis

04/09/2024

Saudi insurers lead GCC region in net profit and revenues, study shows

Saudi insurers Bupa Arabia and Tawuniya were placed first and second respectively on the list, with revenues in 2023 amounting to $4.2 billion for the former, and $4.07 billion for the latter.

04/08/2024

UAE consumer spending rises 13% in 2023, reveals retail report

The report showed that e-commerce spending continued growing in 2023, with a 15 per cent growth rate since 2022

04/08/2024

Dubai: Gold prices jump to new record high, up by nearly Dh10 per gram

Among the other variants, 22K opened at Dh262.5, 21K at Dh254.25 and 18K at Dh217.75 per gram

04/05/2024

Fitch Affirms Ipoteka-Bank at 'BB-'; Outlook Stable

This view reflects OTP's majority ownership, high reputational risks for OTP from a subsidiary's default, and the low cost of support for the parent.

04/03/2024

CBUAE balance sheet soars to touch $200bln by end of January 2024

The report highlights a robust increase in the CBUAE's balance sheet

04/03/2024

In March, UAE businesses turn more bullish as they add jobs and take on new orders

March sees UAE private sector keep up pace of new hiring as sentiments turn bullish

04/02/2024

UAE’s economy set to grow by 5.2% in 2025: central bank

This growth projection is a follow-up to the bank’s estimate of a 3.1 percent expansion in 2023.

03/27/2024

UAE sees region’s highest bank branch revenues: top Roland Berger executive

He further noted that banks in the UAE saw the highest number of outlets merged and reduced with the support of digital transformation between 2019 and 2022.

03/22/2024

GCC tourism integration propels region to world-class destination

He underscored the evolving tourism integration within the GCC countries

03/22/2024

Kuwaiti banks reap interest rate benefits even as economy stalls

Lenders benefit from infrastructure project work at home and abroad while sharpening digital offerings

03/19/2024

Doha Bank holds Ordinary General Assembly meeting

Be issued either by an SPV guaranteed by Doha Bank or through Doha Bank directly.

03/18/2024

Gulf millennials set to inherit $90trln in 20 years

Middle East witnessed a 6.2% increase in the super-wealthy last year

03/18/2024

UAE banking sector poised for continued growth in 2024

The banking sector has been able to confirm its strength and flexibility in dealing with all global geopolitical and economic challenges and changes.

03/15/2024

UAE has the some of the most experienced - and youngest - CEOs

Across the Middle East, CEOs are not much older, the regional average age is 55.

03/15/2024

NBK urges regular review of account activity for unauthorized or suspicious transactions

Continuing advocacy of the “Let’s Be Aware” banking awareness campaign

03/13/2024

‘If you don’t integrate AI, you’re out’: Shark Tank contestant talks future of startups

Dr Abdullah Al Shimmari, an entrepreneur and participant in TV shows like Bebaan and Shark Tank, shares insights into securing funding and the future of AI in business

03/13/2024

BCG celebrates successful partnership at the Quantum Innovation Summit 2024

BCG shared invaluable insights into the quantum technology sector and investment trends

03/12/2024

Qatar offers promising opportunities for innovators and entrepreneurs

Qatar is rapidly transforming into a hub where a promising outlook builds on a strong economic foundation, a future-ready infrastructure lives alongside timeless hospitality

03/12/2024

Qatar offers promising opportunities for innovators and entrepreneurs

I do see the summit as a big step and believe that it will be a game changer for our ecosystem.

03/07/2024

Middle East Investment Panorama Report Unveils Booming Wealth Management Industry in GCC

The report also highlights the importance of attracting and retaining skilled client-facing staff amidst growing competition.

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