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Research, Comment and Analysis

06/09/2020

Qatar- Banks 'key enablers' to successful restart of local economy: QIB chief

The necessary preventative measures put in place to protect the public health and stop the spread of the virus are naturally having a negative impact on businesses, making it difficult for some of them to meet critical short-term payments and commitments.

06/09/2020

Revealed: Top 10 companies in the Middle East in 2020

In this year’s Forbes list of the Middle East’s Top 100 Companies 2020, Saudi Arabia led the pack with 33 entries

06/08/2020

Turkey’s Yapı Kredi bank to impose limit on forex deposit accounts - Reuters

The bank easily achieves its asset ratio, but this limit was raised due to profitability pressure.

06/08/2020

UAE is the safest Arab country and 11th globally amid COVID-19 pandemic

The UAE Health Ministry conducted 52,000 new COVID-19 tests and revealed 626 coronavirus cases on Saturday.

06/08/2020

Former Jumeirah CEO confident Dubai's tourism industry will bounce back

Gerard Lawless said there is plenty of opportunity for investors during current crisis

06/08/2020

DIFC posts 17.4% growth in reinsurance during 2019

The premiums cover different areas including marine, aviation, transport, health, property damage and liability

06/08/2020

Coronavirus impact: UAE banks plan 10-15% cut in workforce

Four out of five people in the global workforce are affected by full or partial workplace closures: ILO

06/08/2020

Shrinking interest margins hurt UAE bank profits

Operating income fell due to lower net interest income

06/05/2020

Abu Dhabi's economic priorities will not be influenced by COVID-19 hit

Oversubscription of $3b 'tap issue' follows an equally successful $7b offering

06/05/2020

EBRD announces winners of the 2020 Sustainability Awards

Sustainability underlies all EBRD operations and the Sustainability Awards recognise clients that the Bank works with that are also committed to ensuring sustainability is at the heart of their operations.

06/04/2020

Qatar is now a self-sufficient nation in different sectors'

What was clearly evident, however, was how quickly the country, and its citizens and expatriates worked together towards ensuring the sustained economic continuance of Qatar, Loayon stressed.

06/04/2020

Emirati unemployment in UAE stands at over 12,600

Hessa Bint Essa Huhamaid, UAE Minister for Community Development, said that 3,245 unemployed nationals have benefited social allowances since 2017

06/04/2020

Worst may be over for biggest Arab economies as businesses adapt

Non-oil private sector activity improved in Saudi, Arabia, Egypt and the United Arab Emirates

06/04/2020

UAE firms continued to reduce employment numbers in May - survey

"Input prices have begun to creep up, leading firms to make further cuts to staffing as sales revenues remain low," said David Owen, Economist at IHS Markit

06/04/2020

COVID-19 is turning many UAE expats with jobs into supersavers

Personal finance priorities have changed, and people now make a conscious effort to cut down on expenditures

06/03/2020

The Gulf’s sovereign wealth funds ‘need to be deployed’ amid coronavirus crisis, expert says

“Sovereign wealth funds have multiple objectives, but one of them is that they are rainy day funds, and this is a rainy day,” Tarek Fadlallah told CNBC.

06/03/2020

How MENA's largest broker EFG Hermes is coping with remote working

Egypt-based investment bank, which operates across four continents, started working remotely from mid-March 2020

06/03/2020

UAE and Saudi women control assets worth $326bln - BCG

Wealth managers need to personalise solutions to tap into women's wealth

06/02/2020

Turkish state banks handed lead role to boost economy

The latest announcement underscores policy makers’ determination to keep credit flowing through Turkey’s $750bn economy even with lending already growing at a record pace.

06/02/2020

Gulf Countries to Experience Worst Economic Crisis in History: IIF

The Saudi central bank said yesterday it would inject an additional $13.3 billion into the local banking system to help banks support the private sector, after consumer spending fell sharply in April due to virus containment measures.

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