04/30/2020
Dubai faces biggest risk from virus shock to economy in Middle East, Moody’s says
Dubai’s reliance on real estate, transportation and tourism makes the Middle East business hub the most exposed to the impact of coronavirus.
04/30/2020
Dubai’s reliance on real estate, transportation and tourism makes the Middle East business hub the most exposed to the impact of coronavirus.
04/30/2020
Holmes added that the gold miners should also perform exceptionally well during periods of upward bullion price movements.
04/30/2020
Akbank provides mostly banking services, but it is also active in the insurance sector through its branches Ak Insurance and AvivaSA Pensions and Life Insurance.
04/30/2020
The UAE has tightened financial regulations in recent years to try to overcome a perception among some foreign investors that it is a hot spot for illicit money.
04/30/2020
GCC countries announced monetary, fiscal and macro-prudential stimulus measures dwarfing any previously seen in the region.
04/30/2020
The main component of the FATF mutual evaluation report deals with the effectiveness of the systems the UAE has developed and, in that regard, the country is often found wanting.
04/29/2020
Capital Intelligence noted the bank has good liquidity, and enjoys strength in the retail sector, and most of the bank’s deposits are from the local market, even as non-domestic deposits make up a minimal share.
04/29/2020
Dubai’s reliance on real estate, transportation and tourism makes the Middle East business hub the most exposed to the impact of coronavirus in the United Arab Emirates, according to Moody’s Investors Service. “The coronavirus outbreak
04/28/2020
KPMG in Saudi Arabia has published its analysis of COVID-19 impact on the banking sector and the potential countermeasures to cope with the new normal, based on the results of a high-level survey and discussions with C-suit executives in the sector.
04/27/2020
In response to the outlook change, the Ras Al Khaimah government said it was in a strong fiscal position to weather global economic conditions.
04/27/2020
The exposures to problem companies are unlikely to lead to complete write-offs of the loans.
04/26/2020
Qatar government has announced a QR75bn stimulus package to the private sector, apart from an additional QR10bn fund support to the QSE.
04/26/2020
What leads to this counter-intuitive outcome?
04/26/2020
Here are the common missteps banks should avoid to successfully enable remote work and digital operations, during the pandemic and beyond.
04/26/2020
Wael Salem, Chief Executive Officer, Tradesocio, on the new era of bespoke investment
04/26/2020
Assignees remaining in host country locations are being directed to follow local country mandates including stay-at/work-from-home and self-quarantining as needed.
04/26/2020
If you’re bullish on gold and expect the price to keep rising, there are a number of ways to gain exposure to the commodity.
04/26/2020
If we stay isolated for many more months, we could see a major deflationary cycle. Governments are spending record amounts of stimulus, while printing record amounts of money.
04/24/2020
The rating agency acknowledges a high degree of uncertainty about the rate of spread and peak of the coronavirus outbreak with some government authorities estimating the pandemic will peak about midyear.
04/24/2020
The coronavirus crisis follows a number of years of declining revenues for some of the emirate’s most important sectors, primarily real estate and hospitality.