01/04/2022
Turkey's inflation hits 36% amid financial turmoil
Turkey's annual inflation rate has soared to a 19-year high, underlining the country's financial turmoil and alarm over its president's policies.
Research, Comment and Analysis
01/04/2022
Saudi and UAE lead in Kearney’s emerging markets retail index
Mohammed Dhedhi, a partner at Kearney and the lead author of the Global Retail Development Index, reflects on the developments in Saudi Arabia’s retail market:
01/04/2022
QDB 2021: A year in achievements
QDB also played a major role in supporting government projects while ensuring their optimal implementation in collaboration with relevant stakeholders and national partners.
01/04/2022
Prices at World’s Tallest Tower Jump as Dubai Home Sales Boom
Business activity in Dubai rebounded sharply last year alongside a jump in tourism, helped by the Expo 2020 exhibition -- one of the biggest in-person events since the coronavirus pandemic started.
01/03/2022
UAE is a safe haven for global business
One of the major changes that the UAE had this year has been to align its Friday weekend with the rest of the world by changing it to half-day on Friday and Saturday-Sunday
01/03/2022
2022 forecast: Why UAE companies should prepare for rising inflation
Senior Mashreq exec says inflation is a natural follow-up to any contraction, such as the one caused by the pandemic
01/03/2022
2021- Looking in the Rear-View Mirror
Globally equity returns were quite mixed.
01/03/2022
E-commerce predicted to increase by 30% by end of 2022
Requires legalizing new attractive laws given that the volume of e-commerce reached $100bln in 2021
12/30/2021
Qatar exchange houses' foreign currency purchase, sale moderates in 2020: QCB
Remittances to the top five countries also moderated but relatively slowly as compared to other countries resulting in modest increase in their share.
12/30/2021
Saudi banks’ credit to the private sector goes up by $3.4bln
In percentage terms, however, the increase was a marginal 0.6%
12/30/2021
Bitcoin slump? Yes, but ignore the crypto deniers
“For the third consecutive year, Bitcoin has outperformed both stocks and gold.”
12/29/2021
Saudi Central Bank’s assets go up by 2% in November to hit $504bln
Deposits with banks abroad was the main driver of this change as it rose by 19.9%
12/29/2021
Cost pressures and inflation to lift prices of consumer products
“Cost inflation is impacting every part of the value chain, but is especially pertinent in the categories of transport and freight, and raw materials,”
12/28/2021
Doha Bank secures $762.5 million syndicated loan
Fitch placed Doha Bank and other Qatari lenders on "rating watch negative" in October, citing increasing reliance on external funding and recent rapid asset growth.
12/28/2021
Qatar's banking sector demonstrates resilience, registers 'impressive' growth amid Covid-19 challenges
One area of particular focus was the support mechanism for small and medium enterprises (SMEs).
12/28/2021
Saudi Arabia to finalise Riyadh 2030 strategy next year - state media
Saudi Arabia is investing $220bln to transform Riyadh into a global city by 2030, and expects to attract a similar amount of investment from the private sector
12/28/2021
About 72% of CEOs worried about losing their jobs in 2022
Supply chain, labour market and digitalisation topped executives’ list of concerns, survey shows
12/28/2021
90% of Mena employees feel optimistic about 2022, survey finds
More than half picked finding a new job as their top career-related resolution for next year, according to Bayt.com
12/27/2021
$2.8bn boost for National Bank of Egypt’s retail portfolio expansion
NBE’s customers deposits portfolio is valued at 2.3 trillion Egyptian pounds.
12/27/2021
World economy set to exceed $100 trillion for the first time next year: Economic wrap
The head of Norway’s wealth fund said that financial markets are set to experience weak returns in the next decade and that inflation is the main hurdle ahead.