01/04/2022
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
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
Senior Mashreq exec says inflation is a natural follow-up to any contraction, such as the one caused by the pandemic
01/03/2022
Globally equity returns were quite mixed.
01/03/2022
Requires legalizing new attractive laws given that the volume of e-commerce reached $100bln in 2021
12/30/2021
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
In percentage terms, however, the increase was a marginal 0.6%
12/30/2021
“For the third consecutive year, Bitcoin has outperformed both stocks and gold.”
12/29/2021
Deposits with banks abroad was the main driver of this change as it rose by 19.9%
12/29/2021
“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
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
One area of particular focus was the support mechanism for small and medium enterprises (SMEs).
12/28/2021
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
Supply chain, labour market and digitalisation topped executives’ list of concerns, survey shows
12/28/2021
More than half picked finding a new job as their top career-related resolution for next year, according to Bayt.com
12/27/2021
NBE’s customers deposits portfolio is valued at 2.3 trillion Egyptian pounds.
12/27/2021
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.
12/27/2021
It was an accurate picture of extravagance and sheer luxury.
12/23/2021
According to Saudi Finance Minister, the MENA region’s largest economy is expected to post a surplus of $7.2bln in 2023 and $11.2bln in 2024
12/23/2021
Overall, the DHL Global Connectedness Index just declined very modestly in 2020 and is on track to rise in 2021