11/07/2022
Lebanon's 'zombie' banks are broke, but no one wants to admit it
Banks have shut their doors and the central bank is no longer buying dollars, leaving Lebanese in a state of despair and panic
Research, Comment and Analysis
11/03/2022
UAE's private sector is adding jobs at fastest pace since July 2016, with October PMI at 56.6
In Oct., UAE private sector recorded sharp boost in new orders, projects wins
11/01/2022
Dubai retains its position as world’s top FDI destination in H1-22
FDI investments and projects generated 15,164 new jobs in H1 2022
10/31/2022
Saudi: AlUla signs IBM to implement smart city project
The Saudi Ministry of Investment also signed an agreement with Brazilian tech company Ocellott, aimed at collaborating to develop an innovative propulsion battery system for future projects of electric vehicles at the event
10/28/2022
Central Bank of the UAE completes first real-value cross-border payment transactions
"Project mBridge" reflects CBUAE’s drive to create world-class financial infrastructure
10/27/2022
MENA debt issuances plunged 80% YTD to $18.3bln
UAE was most active issuer with a $3bln bond sale, Refinitiv data showed
10/27/2022
UAE tops list of FDI senders to Egypt, says Egyptian PM
Madbouly said the UAE has always been among the first supporters of the Egyptian state in critical times
10/21/2022
Interest rate increases and macroeconomic tailwinds ‘to boost profitability of UAE banks’
Expected 300-basis point rise in US rates will drive up the net interest income of lenders in the Emirates, EFG Hermes says
10/18/2022
South Africa expresses support for Saudi Expo 2030 bid
If Saudi Arabia is selected to host the event, authorities plan to turn Riyadh and the rest of the country into a world-class venue for global culture, connectivity and climate action.
10/17/2022
Inflation, Central Banks, and why it matters
Inflation is the key reason behind a dismal year for investments.
10/14/2022
Qatari Banks’ Operating Environment Stronger; External Funding High
The pandemic impact on the Qatari banks' financial profiles has been contained due to the government’s fiscal response.
10/14/2022
G20 finance leaders discuss key threats to the global economy
One of the key objectives of the conference was to discuss a report and recommendations
10/13/2022
UAE investors won’t sacrifice savings to reduce spending
Just 3% rank contributions to their nest eggs as the top priority area to cut costs
10/12/2022
Gulf's $210bln philanthropy pot expected to grow - study
Wealthy individuals and family offices in the region are increasingly deploying capital with a focus on social or environmental impact, according to the report on the GCC, which comprises Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and UAE
10/11/2022
Forbes Middle East unveils its 30 under 30 for 2022
Meet the young visionaries shaping MENA's future
10/10/2022
Why Riyadh is ‘best city for startups in the Middle East’
Dubai also features in report on startups in the Middle East thanks to fast Internet connectivity and high literacy rate
10/05/2022
As credit card rates rise, UAE consumers head for Buy Now Pay Later - and even for airline tickets
Series of rate hikes prompt more cautious consumers to track zero-interest payments
10/05/2022
Strong output, jobs buoyed UAE's private-sector growth in September
The S&P Global UAE Purchasing Managers' Index (PMI) fell for the first time in three months to 56.1 in September from 56.7 in August
09/30/2022
The legality and the perceptions of banking based in Lebanon
The public has been unwittingly enjoying a governmental charade of discussions, statements, and little change
09/30/2022
KSA economy 'grows fastest' in over a decade in Q2
Saudi Central Bank’s foreign reserves, on an annual basis, rose 0.6% in August versus an increase of 5.1% y-o-y in July; while on m-o-m basis, the reserves fell 1.4%.