10/04/2023
Trust, corruption, and sustainable development are interconnected issues in public’s attitude towards tax
Accountants remain the most trusted players in tax according to the ACCA, IFAC, and CA ANZ biennial global survey
Research, Comment and Analysis
10/04/2023
Spurred by strong liquidity, UAE banks outperform GCC peers
Fitch says UAE banks’ profitability has improved significantly
10/03/2023
Qatar Central Bank credits economic diversification for £2.17 billion surplus in Q2
The bank ascribed these surpluses to the “elevated diversification of the Qatari economy” and confirmed it has met predetermined targets.
10/02/2023
Many reasons why UAE banks' interest rates on savings account take time to catch up
Even with multiple rate hikes, those on savings accounts tend to lag
10/02/2023
Saudi Arabia revises growth forecast for 2023 and 2024 as spending rises
'Limited budget deficits' will continue in the medium-term, kingdom says
10/02/2023
Qatari firms among best workplaces for women in 2023
This year, Great Place to Work has identified the top 50 businesses from all industries across the GCC region
09/28/2023
Roland Berger event introduces young Saudi's to strategy consulting
More than 280 young professionals from the public and private sector and students from universities in the Kingdom registered for the competition.
09/27/2023
UAE economy to grow 3% in 2023; 4% in 2024: S&P
Analysts also anticipate continued growth within the UAE's robust tourism sector
09/27/2023
Knight Frank: 94% of wealthy GCC investors targeting Egypt for real estate investments
Exclusive findings from Knight Frank’s 2023 Destination Egypt report
09/22/2023
New report by FAB, Wealth Briefing shows growing role of high-income women in MENA economies
Women are also increasingly influencing family office and family business strategy in the region, often being seen as a ‘safe pair of hands’ for running a family business, and in a growing number of cases are even given preference over male co
09/22/2023
Turkey's central bank increases interest rate to 30% as country tries to tackle inflation
A fourth-straight increase intensifies a tightening cycle that began after President Erdogan’s re-election in May
09/20/2023
Moody’s upgrades United Arab Bank’s outlook from ‘stable’ to ‘positive’
Upgrade reflects bank’s improved business profile following the asset quality clean up
09/15/2023
Residential sector a promising market
Post-World Cup, the sector anticipated a drop in rental rates.
09/14/2023
Saudi Arabia’s Financial Wealth Expected To Hit $1.3tn By 2027: BCG
The report further revealed that currency and deposits represented the largest asset class in Saudi Arabia, making up 48 percent of total personal wealth in 2022.
09/14/2023
S&P sees high profitability for Kuwaiti banks this year
The report added that the rise in net interest income will be offset to some extent by the move from non-interest deposits to interest-bearing deposits and the increase in credit losses.
09/13/2023
Fitch affirms QIIB’s ‘A-’ rating with positive outlook
It’s worth noting that Fitch had upgraded the bank’s outlook from “stable to positive” in April of this year.
09/08/2023
UAE banks set for FY 2023 loan growth, profit uptick
Growth was across the board and almost unprecedented, Rahul Bajaj, director of MENA equity research at Citi in Dubai, told Market Intelligence.
09/07/2023
UAE unemployment insurance scheme: How to apply before deadline
MoHRE’s deadline for eligible employees to subscribe to the unemployment insurance scheme is fast approaching
09/05/2023
UAE's Ultra-Wealthy to Inject $500bn into Economy by 2026
A recent study revealed that this substantial sum equates to a forecasted 46% growth in financial wealth, translating to a compounded annual growth rate of 6.7%.
09/05/2023
Prices of luxury homes in Dubai surged 48% in past year
Globally, average annual luxury homes prices rose 1.5% across the 46 markets covered by the index.