04/01/2021
UAE banking sector may remain less volatile in 2021
Aggregate net profit of the top 10 UAE banks declined by 38.3 per cent year on year
Research, Comment and Analysis
04/01/2021
Will Lebanese banks crash Middle East finances?
Lebanon has long been a financial capital in the region.
04/01/2021
Saudi billionaire's investment firm posts $390m losses in 2020
Kingdom Holding Company says reasons for losses include decreased operating revenues and a drop in gains from investments
03/31/2021
Strengthening resilience is the key to success in 2021, says PwC's Global Crisis Survey
According to survey respondents, for 2021, the outlook is positive: In PwC's 24th Annual Global CEO Survey, published earlier this month, a record-high 76 percent of CEOs believe global economic growth will improve in 2021.
03/31/2021
Saudis growing ‘more loyal’ to domestic brands amid pandemic, retailer says
In a virtual event on Sunday to launch the program, Saudi Industry Minister Bandar bin Ibrahim Al-Khorayef said the initiative looks to develop ‘a culture of loyalty to the national product’
03/31/2021
GCC consulting industry fees drop by $400 million in coronayear
The trigger: nervous clients slashing discretionary spending in a bid to curb costs, in the process putting projects on hold and cancelling non-strategic projects altogether.
03/30/2021
UAE employees feel missing out on career opportunities when working from home: Cisco
Sizable number of UAE workers reckon not being at office will cost them long-term
03/30/2021
Arab markets contain 1,662 listed companies with $3.1T in capital: EGX Chairman
This came during the annual meeting of the Federation of Arab Exchanges hosted by the Kingdom of Saudi Arabia, using technological means to save lives and ensure continuity of work, in light of the continuing repercussions of the Corona pandemic.
03/30/2021
S&P affirms ratings on top UAE banks, revises outlook to stable
Economic contraction in 2020 and prospects of a protracted recovery in 2021 and beyond will have varying effects on rated UAE banks
03/29/2021
Saudi Crown Prince discusses Green Initiative with Arab leaders
Initiative aims to plant 50 billion trees as the largest reforestation program in the world
03/29/2021
Great Place to Work Middle East reveals the 'Best Workplaces in the Kingdom of Saudi Arabia 2021'
This year brought about many challenges across all industries around the world
03/29/2021
Dubai leading technologies to exploit Middle East's increasing demand for AI and RPA with partnership with global software companies
Report from McKinsey Global Institute highlights, 60% of all global occupations have at least 30% technically automatable activities
03/28/2021
Why investors are turning to art during the pandemic
Despite offering high returns and portfolio diversification, art investment requires specialist knowledge and a long-term outlook
03/26/2021
Outlook: Middle East countries could return to 'relative normality' in second half of 2021
However, governments must still continue to work on increasing non-oil revenues
03/26/2021
Dubai index leads most of Gulf lower; Egypt extends gains
The index snapped three consecutive weekly gains, shedding 4.2% during the week.
03/26/2021
KPMG: Despite pandemic, Saudi banks have thrived rather than survived
Total customer deposits saw 9.18% spike calculating $526.66bln
03/26/2021
Recruitment process could do with more heart and less of delays
Especially in these COVID-19 affected times, HR practices need a rethink
03/26/2021
GCC leaders remember Sheikh Hamdan
They prayed that Allah the Almighty grant the Al Maktoum family and the people of the UAE patience and solace.
03/25/2021
Number of ultra rich in Middle East to boom in coming years
Yet, in the coming years there will be more mega-rich than ever.
03/25/2021
PwC CEO survey: Middle East has most positive post-pandemic outlook
The results represent the sharpest rebound in positive outlook for any region, up from 19 percent just prior to the pandemic.