09/16/2022
Global sukuk issuance projected to reach $257bln by 2027
Global sukuk issuance is projected to moderate this year after a five-year record streak, reaching $185bln in 2022, as benchmark rates rapidly increase and oil prices remain high
Research, Comment and Analysis
09/15/2022
Gulf banks lag regional peers on gender parity in boardroom
Both Riyad Bank and Banque Saudi Fransi told Market Intelligence there is no gender condition to qualify for election to the board of directors in Saudi Arabia.
09/14/2022
Millionaires in Dubai, Abu Dhabi, Sharjah surge close to 100,000 in 2022
Three cities among fastest-growing millionaire destinations in the world
09/12/2022
UAE H1 tourism revenues top $5bln - vice president
Numbers of hotel guests rose 42% year on year
09/12/2022
UAE safe haven for global wealthy families, says Marc Sola
From a regulatory point of view the UAE has taken a big step and implemented anti money laundering regulations
09/09/2022
Dubai businesses record highest sales in 38 months, but new hiring is slow: August PMI data
Businesses ramp up discounts to ensure strong new orders and sales during Aug.
09/08/2022
'Now hiring': Businesses struggle to fill jobs across the world
Countries are easing their immigration rules to attract more workers
09/07/2022
Saudi Arabia’s GDP grows 12.2% in Q2 — highest in over a decade
The non-oil activities in the Kingdom during the second quarter increased 8.2 percent year-on-year, and 4.5 percent quarter-on-quarter.
08/30/2022
Barwa Village expands to accommodate 2022 World Cup fans, tenants and retail outlets’ needs
The occupancy rate in the apartments for this expansion is about 99.5 percent, and it has reached more than 70 percent in the shops.
08/29/2022
United Arab Emirates celebrates Emirati Women’s Day
Women make up 66% of the workforce, and more women than men are working in the health, education and banking sectors.
08/29/2022
Generation Start-up: how neobank Zywa aims to improve Gen Z's money skills
UAE-based financial services platform offers young people access to digital payments and enables them to go cashless
08/25/2022
Jersey Finance’s Director – Middle East, Africa and India, Faizal Bhana, Discusses Saudi Corporate Structures in Arab News
In the article, Faizal and Lama Homaidan AlTurki, Director at the Council of Corporate Health, review the Kingdom’s legal corporate structures
08/24/2022
Moody’s downgrades APMI One’s senior secured debt rating to Ba1
APMI One’s senior secured rating of Ba1 reflects relatively stable and predictable revenue streams underpinned by long term availability-based offtake contracts.
08/23/2022
Dubai records over $463bln in real estate transactions on Monday
The sales included 520 villas and apartments
08/15/2022
Egypt Central Bank Denies Resignation of its Governor
Negm told the official Egyptian Middle East News Agency (MENA) that rumors of the resignation negatively impact the central bank and other banks.
08/09/2022
Largest Institutional Investors and Asset Managers | UAE
Hedge funds are establishing offices in Dubai, and in some cases are re-locating their headquarters to the UAE’s most populous city.
08/09/2022
Saudi crown prince’s desert megacity is a classic case of billionaire hubris
Saudi Arabia plans to build a 170km-long skyscraper across empty desert, providing zero-carbon living in one of the world’s top fossil-fuel economies
08/09/2022
Keeping up with the future of finance
Financial businesses should use a platform to manage their data to keep up with the technological advancements they are currently, or gradually planning on, implementing
08/08/2022
Forbes Middle East reveals the Middle East’s top 30 banks 2022
Meet the moneymakers in banking and financial services
08/03/2022
July brings cheer for UAE businesses from higher orders, and they are also hiring: S&P Global
Retail, travel and tourism sectors record increased activity as summer promotions score