07/31/2024
The state of Saudi Arabia's economy mid-way 2024
A rundown on some of the key takeaways from the in-depth economic report
Research, Comment and Analysis
07/31/2024
AlShamlan: KFH Achieves Best ESG Risk Rating among Kuwaiti Banks
He emphasized that investors are increasingly drawn to companies that incorporate sustainability standards into their operations.
07/26/2024
Moody’s affirms Islamic Development Bank’s AAA rating
Founded in 1973 and headquartered in Jeddah, IsDB is a multilateral development finance institution focused on Islamic finance for infrastructure development.
07/25/2024
The Henley Passport Index
2024 Global Ranking
07/25/2024
GCC banks show strong appetite for regional expansion: Fitch
The GCC is a political and economic alliance that includes Saudi Arabia, the United Arab Emirates (UAE), Qatar, Kuwait, Oman and Bahrain.
07/23/2024
Egypt: Banks, financing companies inject $1.45bln into low-income housing initiative by June 2024
The Central Bank of Egypt launched the mortgage finance initiative in February 2014, offering subsidized declining interest rates ranging from 5% to 7% for low and middle-income groups
07/19/2024
McKinsey: GCC banks outperform their global counterparts
All GCC exchange rates are either directly or indirectly pegged to the US dollar, and regional interest rates thus closely track movements in US rates.
07/18/2024
Top stocks in Q2 2024: UAE retail investors choose AI over Big Tech
Amongst the most held stocks, Q2 saw a significant shift in the rankings, with NVIDIA rising to become the second-most popular stock on the eToro platform, behind only Tesla
07/10/2024
Saudi Arabia’s big three banks continue their rankings ascent
Saudi Alawwal Bank tops performance table
07/08/2024
Dubai's high-end property sales undented by drop in listings, consultancy says
A total of 190 homes worth an overall $3.2 billion were sold in the six months
07/08/2024
Qatar Central Bank foreign reserves surge 3.88% in June 2024
Balances with foreign banks declined by nearly QR 3.633 billion
07/03/2024
Fitch affirms Commercial Bank’s rating at ‘A’ with stable outlook
The rating reflects potential support from the Qatari authorities as reflected in its Government Support Rating of ‘a’.
06/28/2024
CEOs Consultative Council of UAE Banks Federation holds second meeting of 2024
Participants at the meeting reviewed the steps taken by the Federation in the first half of the year to implement its strategy, plans and programmes, as well as the significant achievements made during this period to keep pace with the rapid developments
06/27/2024
The top 10 nationalities buying property in Dubai in H1 2024
The British and Indians take the lead
06/26/2024
H1 2024: M&As in EMEA plunge 31% due to economic challenges, geopolitical headwinds
The EMEA region saw eight megadeals in the first half of 2024, with a total deal value of $231bln
06/26/2024
Markaz report highlights opportunities and challenges in GCC asset management
Capital market reforms, uptick in IPO momentum and widening product range augur well for asset management in the GCC
06/24/2024
Knight Frank: Saudi Arabia’s construction awards hit $142bln
Construction output value for the residential, institutional, infrastructure, industrial, energy & utilities and commercial sectors reaches US$ 141.5bn
06/19/2024
Middle East unrest and its influence on markets
Henrietta Walker, Head of Investment Specialists, discusses the ramifications of the recent market volatility and how that informs our asset allocation views.
06/19/2024
Mercer’s 2024 Cost of Living City Ranking: How expensive is Dubai?
The ranking highlights how cities around the world fare in terms of living expenses for expatriates
06/18/2024
50% more salary, extra day off: Rules for UAE employees to know if working this Eid Al Adha
KT reader asks if there are any exceptions to these entitlements