03/03/2022
UAE's business sentiments show 'marked improvement' in Feb on rising customer demand
Latest PMI numbers show businesses citing higher orders coming through
Research, Comment and Analysis
03/03/2022
CEO Mally Bitzur-Parnes on Tefen’s 40 years in business
In the past year and a half of the corona pandemic, Bitzur-Parnes has seen first-hand how successful companies and individuals have adapted to the challenges presented by the pandemic.
03/02/2022
Saudi Arabia’s public debt sees quarterly decrease
The fall in public debt was driven mainly by the $5.52bln repayment of external debt
03/02/2022
Emirati's passion for modern technology surpasses global markets
According to a study conducted by Toluna
03/01/2022
PwC reports hightlights trend in Qatar’s real estate sector
The Real Estate Price Index (shown in the figure below) reached 223.54 in October 2021.
03/01/2022
Dubai tops 100 international cities in luxury homes price rise: Knight Frank
Dubai saw seven years of negative price growth with overall prices still 30 percent below their 2014 peak.
03/01/2022
Saudi Arabia's actual budget deficit in 2021 narrows to $19.6bn
The deficit for the fourth quarter alone was SR68.1 bn as the results were little changed from what the government announced in December.
03/01/2022
Large UAE banks to attain pre-pandemic level profitability in 12-18 months: Moody’s
"The four largest banks’ profitability rebounded to near pre-pandemic levels in 2021, largely reflecting robust non-interest income and softening loan loss provisions."
03/01/2022
Turkey’s banks may need capital increase, Fitch Ratings says
The capital injections may be needed for more of the country’s banks
02/28/2022
US-listed Brookfield to buy 60% of First Abu Dhabi Bank’s payment subsidiary
Proceeds from the sale will be used to support the Abu Dhabi lender's growth plans
02/28/2022
Return of margins: UAE banks see good times ahead
Rising interest rates and higher loan demand to boost loan yield
02/28/2022
GFH's rating affirmed and outlook revised to positive by S&P
Ratings supported by resilient revenue generation and improved business performance
02/25/2022
Qatar’s strong banking sector
QIIB’s total revenues rose to QR2.45bn by the end of the year, total assets reached QR61.8bn and total deposits at QR38.4bn, with a growth rate of 6.3 percent.
02/25/2022
Tamkeen Strategic Partner For IFID
The remainder of the Forum will comprise two dynamic and interactive panel sessions, with the first looking at the Forum’s theme.
02/23/2022
73% of Saudi Arabia's HNWI's want to buy a new home in the next 12-months
50% will be looking for a villa
02/23/2022
Why Middle East clients are turning to Guernsey for philanthropy
Charitable giving in the Middle East is part of the fabric of society.
02/22/2022
Banks post impressive growth last year
Banks’ strong growth during last year was driven by improvement in economic condition.
02/21/2022
Boursa Kuwait plans to list 8 family-owned firms to expand trading
Several companies are expected to list this year and family-owned companies are rearranging their investments for the purpose of listing in two years: Boursa Kuwait CEO
02/21/2022
Fintech Investments in Egypt Surged Over 300% in Past Year: Report
The report revealed that FinTech in Egypt has “grown at a rapid pace over the last few years.”
02/18/2022
Abu Dhabi records Dhs71.5bn of real estate transactions in 2021
There were a total of 14,958 sales and mortgage transactions, with Yas Island topping list with Dhs4.1bn in real estate deals