UAE banks’ profitability witnessed substantial deterioration in Q1: report
Leading global professional services firm Alvarez & Marsal (A&M) released its latest UAE Banking Pulse for Q1 2020 today. The…
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Bank ABC, BFB team up to accelerate growth of fintech ecosystem in Bahrain
Bank ABC and its subsidiaries, ila Bank and AFS, has joined forces with Bahrain Fintech Bay to speed up the…
COVID-19 is turning many UAE expats with jobs into supersavers
Where financial experts have failed to get people to save money and secure their future, a virus from Wuhan, China,…
Dubai property prices are just 10.4% away from 2009 levels
Property prices in Dubai are down almost 30 percent from the market peak in September 2014 and are just 10.4…
UAE firms continued to reduce employment numbers in May – survey
UAE firms continued to reduce employment numbers in May, although the latest fall was the softest since February, IHS Markit…
Worst may be over for biggest Arab economies as businesses adapt
Business conditions in the Arab world’s three largest economies deteriorated at a slower pace in May as governments began to…
UAE Government's TRA responds to 77,000 cyber-attacks in April
The Telecommunications Regulatory Authority responded to 77,000 cyber-attacks in the UAE Federal Government during May – more than double the…
VIDEO: COVID-19 has forced insurance companies to go digital in the UAE
The insurance sector has been ripe for disruption for some time. Most insurance companies in the UAE have yet to…
Emirati unemployment in UAE stands at over 12,600
A call has been made to introduce unemployment benefits for Emiratis after it was revealed that 12,653 UAE nationals are…
Five steps for GCC countries to resume their economies post Covid-19
The Covid-19 pandemic has altered the landscape worldwide. The GCC states are no different as they continue to reel…
Qatar is now a self-sufficient nation in different sectors'
The economic blockade has transformed Qatar into a self-sufficient nation in different sectors, such as in the manufacturing and agriculture…
QFC hosting series of digital events to widen digital reach to clients, businesses
The Qatar Financial Centre is hosting a series of digital events both independently and with partner organisations in an effort…