11/06/2018
Revealed: Banks that are hiring, firing in UAE
National banks hired 385 people while foreign banks laid off 29 workers during the month of September.
Research, Comment and Analysis
11/06/2018
Global reports USD 37.4 million revenues
The team is currently working on several mandates and has an interesting pipeline of M&A and advisory mandates.
11/04/2018
Bank results reflect strong revival in operating environment
Lower provisions and improved loan yields support higher profitability
11/02/2018
The UAE wants the world’s money — but only if it is clean
The Ministry of Economy will set up a foreign direct investment unit to oversee the implementation of the new law.
11/02/2018
Banque Misr’s CSR contribution amounted to EGP 700m in last FY: Chairperson
Bank aims to double amount in coming years by focusing on education, health, youth support: El-Etreby
11/02/2018
Big data needs a big re-think: consumers are more anxious, but businesses can restore trust with greater transparency
Global KPMG study of 25,000 consumers reveals that we are embracing new technology, but are concerned with the types of data held by businesses.
11/01/2018
Saudi Arabia ranks 4th among G20 in reforms
The Kingdom ranked 92 out of 190 countries competing annually to be among the best countries in the ease of doing business.
10/31/2018
Doha Bank records ‘significant’ interest in QR2.73bn Qamco IPO subscriptions
“We have provided dedicated staff and resources in anticipation of continuing demand across the Doha Bank domestic network, supporting both the subscription application process and staff to advise on financial solutions,”
10/31/2018
UAE rises 10 places to 11th in World Bank’s 2019 ease of doing business report
In the Middle East and North Africa (Mena) region, the UAE topped the ease of doing business followed by Morocco at 60th position
10/31/2018
Aramex third-quarter net profit surged 38% on e-commerce growth
The Dubai-listed courier grew its revenue 8% during the period
10/30/2018
Standard Chartered study reveals investment is the emerging affluent’s top strategy to increase their wealth
The socially mobile in the study have had impressive earnings growth, with over a third (35%) enjoying a salary increase of 10% or more in the past year, and more than a quarter (28%) seeing their earnings jump by 50% or more in the past five years.
10/30/2018
HSBC chief: it is hard to disengage from Saudi Arabia despite Khashoggi death
Murder unlikely to have much impact on trade and foreign investment, says John Flint
10/29/2018
Middle East and North Africa billionaire population grows 24%
Billionaire wealth in the region grew to $165bn last year
10/26/2018
What corporations should know about operating in Abu Dhabi
Economists have long debated the effectiveness of laws enacted to spur economic development.
10/26/2018
Global billionaire wealth soars 19% to record £6.8 trillion
Now in its fifth edition, the report draws on UBS and PWC’s extensive client network and access to data, and aims to promote a deeper understanding of the billionaire population globally.
10/25/2018
Global banks to play major role in Saudi capital markets development, HSBC exec says
The role of banks has changed, specifically after the financial crisis a decade ago
10/25/2018
UAE residents report fall in financial confidence in Q3
More than half of respondents to Yallacompare’s survey said they were worried about getting by if cost of living increases
10/25/2018
Sale of art owned by Dubai’s Abraaj raises $5.8m
The auction came as part of liquidation proceedings that began earlier this year
10/24/2018
Turkey: Central bank to hold rates – ABN AMRO
Monetary policy often takes a few months to translate into lower inflation figures.
10/24/2018
Dubai is Mena powerhouse
Emirate is region's only city to find place in Global Power City Index