Foreign investors key to Arab market’s recovery
The important role of foreign investments in supporting the Arab region’s post-pandemic recovery was highlighted by keynote speakers during the…
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Tax haven ranking shows countries setting global tax rules do most to help firms bend them
A club of rich countries determining global rules on corporate tax are responsible for over two-thirds of global corporate tax…
Dubai’s biggest bank to raise $1.75bn in Gulf’s first ‘sustainable loan’
Emirates NBD, Dubai’s biggest bank, plans to raise $1.75 billion in the Gulf region’s first sustainability-linked loan to refinance existing…
Robust legal, regulatory framework helps Islamic finance growth in Qatar: Al-Kuwari
HE the Minister of Commerce and Industry Ali bin Ahmed Al-Kuwari said the “remarkable growth” achieved by Islamic finance in…
GCC’s consulting market shrinks 12.4% in 2020
The GCC consulting market shrunk by 12.4 per cent in 2020, contracting for the first time in its history. …
GCC consulting industry fees drop by $400 million in coronayear
The consulting industry of the Gulf Cooperation Council contracted by nearly $400 million last year, marking its worst year on…
QFTH receives more than 500 applications from fintechs to join Wave 2 of its Incubator and Accelerator Programmes
The Qatar Fintech Hub, co-founded by Qatar Development Bank, has received applications from more than 500 early and mature fintechs…
New law implementing the P2B Regulation
The law of 05 March 2021 in relation to certain implementation measures of Regulation EU 2019/1150 of 20 June 2019…
Saudi Islamic Banks' Asset Quality Prone to Deterioration; Strong Capital and Liquidity
Saudi Islamic banks' asset quality will weaken as government forbearance measures expire, Fitch Ratings says, although possibly by less than…
Kuwait approves law to guarantee bank loans for pandemic-hit businesses
Kuwait approved draft laws to help businesses affected by the coronavirus pandemic, state news agency KUNA reported. Lawmakers approved…
Bahrain's real estate sector rebounds; $1.9bln transactions recorded in 2020
Despite the challenges posed by Covid-19 pandemic, Bahrain’s real estate sector rebounded in the third and fourth quarter of 2020…
Morgan Stanley opens Saudi Equity Fund to foreign investors
Morgan Stanley has launched an investment vehicle that allows international investors to access the Saudi Equity Fund. The MSINVF…