Banking's New Reality: Getting Remote Work Right (Part 1 of a Multipart Series)
Before COVID-19, banks’ disaster plans typically covered outages affecting 10% to 20% of their workforce. No bank had a scenario…
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COVID-19 exacerbates challenges for GCC insurers' profitability and capitalisation
Insurance companies in the GCC are expected to face heightened challenges to their profitability and capialisation levels following COVID-19 outbreak…
Donations flow into Abu Dhabi’s campaign “Together we are good”
Donations and donations in kind went into the “Together we are good” campaign, a special collection that is designed to…
Saudi Binladin group hires Houlihan Lokey for $15bn debt revamp
Saudi Binladin Group hired Houlihan Lokey Inc. as an adviser to help the kingdom’s biggest construction firm to restructure an…
Is your low-carbon portfolio destroying the planet?
An investor who focuses solely on low carbon emissions could end up investing in polluters, while excluding some of the…
Qatar's consumer sector one of the least affected by the pandemic: KPMG
With e-Commerce assuming greater role amid restrictions to reduce the spread of Covid-19, Qatar's consumer sector is one of the…
Masraf Al Rayan posts QR547mn net profit in Q1
Masraf Al Rayan has achieved a net profit of QR547mn in the first quarter of 2020, up 0.5% on the…
Saudi Response to Fiscal Shock Centers on Record Debt Plan
Saudi Arabia will rely on the biggest debt program since its debut in international bond markets in 2016 to absorb…
Standard Chartered: gold prices supported by investment demand
Gold prices remain near the recent seven-year highs, with strong demand from exchange-traded products offsetting weakness in the physical markets…
A robot is helping medical staff fight COVID-19 in Saudi Arabia
Robots and robotics technology aren't exclusive to one sector, business, or country. Even though we see an abundance of friendly…
Sculptor, Farallon among hedge funds readying for NMC debt talks
NMC started unravelling in December, when short seller Muddy Waters Capital alleged it overpaid for assets and understated debt …
Qatar- QIIB's Q1 profit tops QR267mn
QIIB posted a net profit of QR267.1mn in the first quarter, up 0.4% on the same period last year, the…