04/21/2020
UAE, GCC equity markets plunge over US oil price fall
The US oil prices crashed into the negative territory due to oversupply and storage issues on Monday.
Research, Comment and Analysis
04/21/2020
Lindsay Lohan reveals how she's dealing with the Dubai lockdown
The former child star, who is now 33, also opened up about life in Dubai, which is where she has resided since 2014.
04/20/2020
Rating agencies take closer look at Saudi banks
Fitch Ratings said it would resolve the Saudi banks’ RWN status within the next six months.
04/20/2020
Bayt.com: 2 in 3 GCC Professionals Foresee Increase in Virtual Job Search Amidst Coronavirus Pandemic
81% of GCC Professionals Believe Technology Is Helping Mitigate the Effects of the COVID-19 Pandemic
04/20/2020
UAE central bank urges commercial lenders to use stimulus scheme
Banks are urged to process more applications from individuals, corporates and SMEs (small and medium sized enterprises) whose business operations are affected by the implications of COVID-19 pandemic
04/17/2020
Dubai businesses seek rental relief from private landlords
The government backed entities have offered up to three months of rental relief to their retail clients due to slump in business activities following the restrictions on movement to contain the virus.
04/17/2020
Mashreq Bank’s first quarter profit slides amid coronavirus pandemic
Net profit for the reporting period declined to Dh450 million
04/17/2020
United Arab Bank: The Journey Forward
CEO Ahmad Abu Eideh is optimistic that the banking sector will emerge stronger after the current crisis with stronger measures
04/16/2020
A perfect storm for Middle East oil importing countries: IMF
Average real GDP growth for oil importers in 2020 is expected to contract by 1 per cent
04/16/2020
Islamic finance charts high-tech future
According to the ratings agency Standard & Poor's, the Islamic finance industry has in its relatively short existence grown to be worth $2.1 trillion.
04/15/2020
Reputation of financial advisers in the UAE deteriorates: MEIP report
Second place was occupied by recruitment companies, who were considered the worst profession last year; telemarketers came third with estate agents in fourth position.
04/15/2020
Turkey wealth fund to get takeover powers in battle against coronavirus
The wealth fund controls Turkey’s largest state-run enterprises, including two banks and Turkish Airlines, the country’s flagship carrier.
04/14/2020
Egypt Second Quarter GDP Growth to Exceed 1%, Deputy Minister Says
The Arab world's most populous country has enforced a nightly curfew, banned large public gatherings and closed schools and universities in a bid to curb the spread of the virus.
04/14/2020
Lebanon In Crisis: FFA Private Bank CEO Jean Riachi Q&A
Jean Riachi, founder and CEO of FFA Private Bank talks to Global Finance about the current state of the Lebanese banking industry.
04/13/2020
Envision the World You Want to Re-enter After the Shutdown
Apply Lessons Learned During Lockdown to Climate Action
04/13/2020
UAE banks do not require more stimulus from central bank, Al Ghurair says
Funds worth Dh205bn were made available to the banks for lending, UBF chairman says
04/12/2020
Global Financial Markets Regulatory Review - Dentons
The reports for each country include links to further information and contact information for Dentons professionals.
04/12/2020
Digitisation and regulatory compliance to support profitability of UAE banks
UAE banking sector better prepared to withstand COVID-19 impact
04/12/2020
Jordan At A Crossroads
A new IMF funding package and anticipated economic reforms offer a ray of hope for the kingdom’s battered economy.
04/12/2020
Lebanon’s creditors divided over draft financial restructuring plan
The plan, which is still being discussed by the Cabinet, was drawn up in the wake of Lebanon defaulting on its hefty foreign currency debt last month.