12/14/2020
How will COVID-19 change the GCC small business landscape?
The first from a recent global survey perspective, the second from research on the region, and the third from governmental efforts to rescue the sector.
Research, Comment and Analysis
12/11/2020
Banks could lose up to $4.7trln in cumulative revenues due to COVID-19
Crisis delivering 'biggest stress test' for banks, says McKinsey
12/11/2020
Water crisis could cost the Middle East 6% of GDP by 2025
By 2050, half of the world’s population will likely be living with stressed water systems, not accounting for population growth, urbanisation, pollution and waste – all while climate disruptions are causing droughts in some parts of the world
12/10/2020
After Attracting a Record $32 Billion from Abroad in 2019, Clean Energy in Emerging Markets Endures a Rough 2020
BloombergNEF’s annual Climatescope survey illustrates investors’ pre-pandemic appetite for clean energy in developing markets; Chile finishes atop the market ranking
12/10/2020
Trump set to veto congressional effort to block UAE arms sales
The expected veto threat cites the importance of the sales to US foreign policy and national security objectives.
12/09/2020
Is Bahrain the next big Middle East advice market?
‘Framework that is used to deliver financial advice is not as progressive as in the UK’
12/08/2020
Saxo Bank 2021 Outrageous Predictions: The Future is Now
With a shared ledger structure, any content alterations would immediately be visible to everyone, and every news item is always traceable to its original source, suppressing misinformation that other sources can’t verify.
12/08/2020
Saudi Central Bank governor says some stimulus packages maintained amid uncertainty
Liquidity levels are very satisfactory, whether on the level of economy or the liquidity coverage ratio in banking sector, Alkholifey noted, adding that the money supply grew by over 5 percent in the first 10 months of the year.
12/07/2020
Mideast families optimistic about future: Deloitte
Resilience was also explored at a country level with responses highlighting that the largest economies are deemed to be both the most impacted but also the most primed to recover.
12/04/2020
BlackRock Survey Shows Acceleration of Sustainable Investing
The survey gathered insights from 425 investors in 27 countries
12/03/2020
How the UAE is building a stronger and sustainable future
How UAE has emerged as a stronghold for its residents, and a shining beacon for the world
12/03/2020
“The potential of economic collaboration between the UAE and Israel is immense”
Abraham Accord opens up a new era of socio-economic opportunities between the two nations
12/01/2020
The Global Sustainable Competitiveness Index 2020
Country performance is commonly expressed in GDP – but GDP numbers fail to reflect the underlying elements that shape the development of a country.
11/30/2020
New Research: Over 40% of Companies in MENA Facing Regulatory Investigations Due to Poor Integration of Technology
These stark findings come at a time when COVID-19 has significantly accelerated the digital transformation of businesses around the world, which is in turn attracting much greater scrutiny from regulators.
11/27/2020
Egypt's EAPD, AfDB discuss proposed fields of bilateral cooperation
The meeting comes in light of the EAPD’s keenness on pushing forward cooperation relations with local, regional and international partners to help African countries achieve the UN's Sustainable Development Goals and Africa’s Agenda 2063,
11/27/2020
A green light for economies
No government can ignore the environment anymore. Instead, all their major decisions – from taxes to subsidies and more – will now have to have a global green economy at their heart.
11/27/2020
Most KSA and UAE consumers will spend during Black Friday
Over three quarters of consumers in Saudi Arabia and the UAE is planning to buy something this weekend, when the Black Friday and Cyber Monday shopping craze unfolds.
11/26/2020
Riyadh and Bahrain among world's top FinTech ecosystems to watch, according to new report
Startup Genome experts analysed FinTech ecosystems in dozens of countries across the globe
11/25/2020
UAE to allow 100% ownership of business for foreign nationals
This will create an ‘unprecedented explosion’ of direct investment in the country, says DeVere CEO
11/25/2020
Total deposits in Oman's banking sector grow 5% to $63bln
The nominal contraction in the economy was driven by a 20 per cent decline in the hydrocarbon sector, as well as the decline in the non-hydrocarbon sector by 9.9 per cent during the second quarter of 2020.