08/06/2019
Kuwaitis and Expats spent more then KD 6 billion in last 6 months
The amount of ATM transactions reached KD 6.29 billion in the first half of the year compared to KD 6.24 billion in 2018.
Research, Comment and Analysis
08/05/2019
Ithmaar Holding announces plans to voluntarily delist from Boursa Kuwait
Company to maintain listings on Bahrain Bourse and Dubai Financial Market
08/04/2019
UAE investors are very optimistic about their economy but worry about cyber security: UBS survey finds
Similarly, 81% of UAE investors are bullish on regional stocks
08/04/2019
ABK records 18% increase in net profit
Operating profit reaches KD 53.7m, total assets soar to KD 4.73bn in H1 2019
08/04/2019
Value of real estate deals in Kuwait register $928.8mln in June
The value of real estate transactions in Kuwait rose by 33% in June, while the number of transactions increased by 29%
08/04/2019
British expats in the UAE have been revising saving plans
GWM handled hundreds of enquiries relating to how best to invest right through until the end of trading on Friday.
08/01/2019
Kuwait central bank decides to keep discount rate unchanged
Earlier, the U.S. Federal Reserve cut rates by 25 basis points.
07/31/2019
Intelligent Automation Is the Next Step to Working Like Tomorrow, Today
Enterprises that embrace the future of work harness automation to drive operational benefits, like time and cost savings and increased capacity.
07/30/2019
Africa and the Middle East: keys to prosperity
The African Development Bank referred to the continent’s population growth over the next three decades as a “ticking time bomb.”
07/29/2019
GCC and Egypt Economic Outlook Hinges on Continued Reforms NBK Research
Economic growth will remain steady in the 1-3% range over 2019-21
07/29/2019
INTERVIEW: Major Gulf sovereign wealth funds gear up for ESG investing- global advisory head
Wallace highlights key steps for GCC countries to attract more ESG investors
07/28/2019
US sanctions put chill on Iranian trade with UAE
Dubai’s role as traditional hub for Iran-linked businesses being undermined
07/28/2019
16,700 millionaires to transfer $572 billion in Middle East
Nearly 90% of businesses are family-owned, which, collectively, contribute 50-60% to national GDP
07/26/2019
JP Morgan foresees 10% growth in its Middle East wealth operations
Almost half (47%) of the total personal wealth in the UAE in 2018 was held by millionaires.
07/25/2019
GCC Equities Review: Inclusion stories drive Kuwait, Saudi markets higher
Kuwait exchange outperforms the S&P500 as investors take positions ahead of MSCI emerging markets upgrade
07/25/2019
Majority of investors changed portfolios during 2018 market volatility
The global trend to chop and change investments after a shorter than recommended period, underlines that patience is not closely linked to either geographical attributes or the generation gap.
07/25/2019
Chris Hafner of Grovelands on the Middle Eastern promise for fintechs
Digital banks focus on digitisation of financial transactions by delivering basic banking services at the lowest possible costs.
07/23/2019
Oman's Budget Keepers Go Silent for Months
The Ministry of Finance said on Twitter on Monday “the data is publicly available and regularly published” through the statistics office.
07/23/2019
Global Islamic Financing Status and Outlook 2019: Emirates NBD, Dubai Islamic Bank, Al Rajhi Bank, Al Baraka Banking
The markets are mostly anticipated to show crucial growth during the predicted period because of raising demand for the Islamic Financing market.
07/23/2019
Burgan Bank Turkey remains resilient and continues to deliver good results
Its loan book is well diversified across various sectors and multiple segments, while maintaining a stable funding base.