11/10/2021
Lack of trust and low levels of digital skill constrain remote working
The research found that while employees were keen to embrace remote working
Research, Comment and Analysis
11/10/2021
Saudi economy grows at fastest rate in nearly a decade
Gross domestic product expanded by 6.8 per cent compared to the same quarter of 2020
11/10/2021
How digital change will enable scale
Achieving scale is one of the main and most difficult challenges currently faced by wealth managers.
11/09/2021
S&P sees Qatar to repay around $4bn in maturing state debt this year and $2bn in 2022
The rating agency forecast that the government's net asset position will remain a rating strength, averaging 120% of GDP over 2021-24.
11/09/2021
It's All A Lot Of Fun Until The Music Stops Playing
The Global Aggregate bond Index rose 0.7% on the week; major equity markets gained at least 2%.
11/08/2021
Bahrain aims to attract 14.1 million tourists by 2026 as part of new strategy
The strategy seeks to increase the contribution of tourism to Bahrain’s GDP to reach 11.4 per cent in 2026
11/08/2021
Saudi banks building on long-term loan portfolio; demand deposits grow
Short-term credit grew by 13 percent
11/07/2021
Egypt is a very dynamic market with great potential: HSBC Egypt Chairperson
Egypt is one of main arteries for flow of global trade, which makes it an attractive destination for international investors
11/05/2021
Q3 growth rate in Saudi Arabia to reach 5.7%: Capital Economics
The London-based firm added that the expected expansion would leave GDP approximately 1 percent above its pre-pandemic level.
11/04/2021
Egyptian banking sector pumps $178bn into the economy
El-Etreby noted that the banking sector has a plan to counter cybersecurity threats in cooperation with the Central Bank of Egypt.
11/04/2021
PwC Middle East entrenches new suite of employee benefits
“It’s built on a two-way exchange that brings the best of our firm but also empowers and enables top talent.”
11/04/2021
Apartment prices in Saudi hit five-year high as property market booms
Prices in the Saudi capital soared by 17 percent, while in Jeddah they increased by 12 percent, according to the latest Knight Frank research
11/02/2021
GCC markets gain in October on strong banking sector earnings
The monthly gains pushed GCC's year-to-date returns to one of the highest globally at 36.1%, Kamco Invest said in its montly report
11/02/2021
Boursa Kuwait announces profits of KD 11.7mln for the period ended 30 September 2021
Total operating revenue increased by 67% while net operating profit increased by almost 88%
11/01/2021
Digitization critical to handling $45 trillion assets
“Our payment flows are one of the largest in the world,” he added.
11/01/2021
Bahrain announces 5-pillar new growth strategy
The multi-year plan represents one of the Kingdom's largest economic reform programmes, said a Bahrain News Agency report.
11/01/2021
UAE economy will have robust, multi-year growth: ADIB chairman
Bank saw net profits fall 7.7. percent from Q3 2020 to Q3 2021
10/31/2021
BNY Mellon sees Middle East outpacing growth of global business over next five years
Saudi Arabia and UAE markets are expected to drive US bank's regional business amid continuing economic diversification
10/28/2021
Crypto will not destroy traditional banks, says Saudi Central Bank governor
Traditional banking systems will not face 'destruction' by digital currencies, but rather an expansion of centralised systems for regulating the tender will transpire, according to Fahad Al-Mubarak, governor of the Saudi Central Bank
10/28/2021
Gen Z: How to win the next generation of wealth? Key opportunities revealed
As a result, Gen Z’s journey seems to be parallel to other client generations’ but traveling along a different path.