09/28/2023
Roland Berger event introduces young Saudi's to strategy consulting
More than 280 young professionals from the public and private sector and students from universities in the Kingdom registered for the competition.
Research, Comment and Analysis
09/27/2023
UAE economy to grow 3% in 2023; 4% in 2024: S&P
Analysts also anticipate continued growth within the UAE's robust tourism sector
09/27/2023
Knight Frank: 94% of wealthy GCC investors targeting Egypt for real estate investments
Exclusive findings from Knight Frank’s 2023 Destination Egypt report
09/22/2023
New report by FAB, Wealth Briefing shows growing role of high-income women in MENA economies
Women are also increasingly influencing family office and family business strategy in the region, often being seen as a ‘safe pair of hands’ for running a family business, and in a growing number of cases are even given preference over male co
09/22/2023
Turkey's central bank increases interest rate to 30% as country tries to tackle inflation
A fourth-straight increase intensifies a tightening cycle that began after President Erdogan’s re-election in May
09/20/2023
Moody’s upgrades United Arab Bank’s outlook from ‘stable’ to ‘positive’
Upgrade reflects bank’s improved business profile following the asset quality clean up
09/15/2023
Residential sector a promising market
Post-World Cup, the sector anticipated a drop in rental rates.
09/14/2023
Saudi Arabia’s Financial Wealth Expected To Hit $1.3tn By 2027: BCG
The report further revealed that currency and deposits represented the largest asset class in Saudi Arabia, making up 48 percent of total personal wealth in 2022.
09/14/2023
S&P sees high profitability for Kuwaiti banks this year
The report added that the rise in net interest income will be offset to some extent by the move from non-interest deposits to interest-bearing deposits and the increase in credit losses.
09/13/2023
Fitch affirms QIIB’s ‘A-’ rating with positive outlook
It’s worth noting that Fitch had upgraded the bank’s outlook from “stable to positive” in April of this year.
09/08/2023
UAE banks set for FY 2023 loan growth, profit uptick
Growth was across the board and almost unprecedented, Rahul Bajaj, director of MENA equity research at Citi in Dubai, told Market Intelligence.
09/07/2023
UAE unemployment insurance scheme: How to apply before deadline
MoHRE’s deadline for eligible employees to subscribe to the unemployment insurance scheme is fast approaching
09/05/2023
UAE's Ultra-Wealthy to Inject $500bn into Economy by 2026
A recent study revealed that this substantial sum equates to a forecasted 46% growth in financial wealth, translating to a compounded annual growth rate of 6.7%.
09/05/2023
Prices of luxury homes in Dubai surged 48% in past year
Globally, average annual luxury homes prices rose 1.5% across the 46 markets covered by the index.
09/04/2023
UAE luxury cars market on solid track
Sheikh Juma Bin Maktoum Bin Juma Al Maktoum recently inaugurated the Oscar Luxury Auto showroom, a new state-of-the-art facility for high-end cars sales at Umm Sheif , Sheikh Zayed Road in Dubai.
09/04/2023
Egypt: CBE reports 12.7% rise in domestic liquidity in seven months
The report also said that quasi-money, which consists of time deposits and savings certificates in local currency and non-governmental deposits in foreign currencies
09/01/2023
CBK OKs Gulf Bank's capital rise by $84.7mln
The bank will disclose all details and procedures related to the share issue
08/30/2023
Middle East favors younger, but also more experienced CEOs
Among all Middle Eastern countries, the UAE has the youngest CEOs, with an average age of 53.1 years. T
08/29/2023
Insurance House champions safe driving with a 28% discount on motor insurance for ‘Accident-Free Day’
In support of Accident-Free Day by the Ministry of Interior and General HQs of the Police
08/25/2023
How Dubai tenants can pay rent through direct debit – here’s how
You don't need to always pay for rent via cheques - here are the other options available