05/11/2020
ADX gains, real estate banks weigh on DFM
Dubai index fell over one per cent, led by fall in shares of Emaar Properties, Emirates NBD, Dubai Islamic Bank, Amanat and Air Arabia.
Research, Comment and Analysis
05/11/2020
Four in 10 rich UAE investors plan to invest more in next 6 months, UBS says
The world’s wealthy are largely optimistic about the long-term economic outlook for their region despite Covid-19, according to the findings of a survey by the Swiss bank
05/11/2020
Gulf banks can absorb up to $36B shock
23 GCC banks have assets worth $1.5T at end- 2019 and are among most profitable worldwide
05/10/2020
Coronavirus crisis changing public attitudes in the Middle East, polls suggest
Persistent fear of the illness continuing to dominate daily life
05/10/2020
Real estate sector development panel to help boost realty market: Ezdan
These rapid changes impose on the market the necessity to develop a specific and clear strategy, aimed at improving real estate products in order to gratify the requirements of this market on the one hand, and encourage investors to continue to pump their
05/10/2020
Dubai carrier Emirates airline reports rise in annual profit
Emirates made $287.5 million in the 12 months to March 31
05/10/2020
Free self-care tips that can help you manage stress during the coronavirus pandemic
Connecting with others even online with a video chat or on the phone.
05/10/2020
Spot Gold prices move back above $1,700 - could they be even higher?
Economic recovery will have a large say behind how much further gold prices can extend
05/09/2020
GCC banks face 'earnings shock' from lower oil price, Covid-19
Islamic banks are likely to see a greater effect on asset-quality indicators.
05/08/2020
MEASA private wealth opportunities during uncertain times
The DIFC has become one of the largest wealth centres between Europe and Singapore, with over $420B of Assets managed.
05/08/2020
'What's the Point of Staying?': Gulf Faces Expatriate Exodus
In Oman alone, the number of expatriates dropped by over 340,000 in 2010 following the 2008-2009 crisis
05/08/2020
Fitch Places Gulf International Bank B.S.C.'s Viability Rating on Rating Watch Negative
With little visibility on the authorities' response in terms of government spending, there are large uncertainties about the length of a potential shock and its impact in the Saudi banking system.
05/08/2020
Qatar- Bank brokerages account for 46% of QSE trade turnover in April
The CBFS early this year launched its margin trading product, becoming the first bank brokerage subsidiary in Qatar to launch such a product.
05/07/2020
Lebanese banks draft national rescue plan that keeps some of their capital
Bankers’ proposals to be ready in a week to 10 days
05/07/2020
From Chaos to Catalyst by Paul Roehrig
Surf the pandemic shockwaves to keep your business relevant.
05/06/2020
1,100 DIFC companies enrolled into Dubai's employee benefit scheme
Even with the extension, there was a significant last minute rush for enrolment with over 200 companies enroling in the last week of April, and close to 350 companies missing the contribution deadline.
05/06/2020
Moody’s affirms ratings of Saudi banks; outlooks changed to negative
Rating actions follow negative outlook on Saudi Arabia’s government ratings
05/06/2020
UAE banks can take on upcoming global challenges
The UAE’s banking sector witnessed major progress on consolidation last year with 7.5 per cent growth in gross assets to Dh3.08 trillion.
05/06/2020
Opinion: Globalisation is evolving, not dying - just look to the Middle East
Today, we are faced with a slew of headlines proclaiming that globalisation is dead. The forum seems a thousand years away.
05/05/2020
Saudi Arabia hit with Moody's downgrade, prepares for 'painful' measures — but can likely weather the storm
Forecasts for Saudi Arabia’s GDP contraction this year are as steep as -3.2%, while ratings agency Moody’s downgraded the country’s sovereign outlook to negative from stable on Friday.