08/26/2020
Is Bahrain partially turning the corner financially?
Bahrain is undergoing economic hardships but there are some very positive signs of recovery
Research, Comment and Analysis
08/26/2020
Manama ranked most financially attractive city in the world
All GCC states feature in the top 20 of AIRINC's Global 150 Cities Index
08/25/2020
Family silver next in line in Turkey’s debt crunch
The hefty external debt of Turkey’s public and private sectors is increasingly imposing the option to offer asset swaps to creditors, including company shares and valuable real estate.
08/24/2020
McKinsey: How UAE consumers are responding to Covid-19
Most consumers remain worried about participating in out-of-home activities due to the Covid-19 situation.
08/21/2020
QC Environment Committee reviews proposals to regulate waste recycling and treatment
The meeting aimed to help attendees learn about the studies conducted by the Ministry of Municipality and Environment and steps taken to adopt these proposed decisions, said Al Obaidli.
08/21/2020
Can Dubai enter the premier league of financial centres?
It will need to adapt to a less globalised world, and clean up its act
08/21/2020
Analysis: Banks in the Gulf Cooperation Council Embracing Digital Solutions
Abu Dhabi Islamic Bank (ADIB) launches digital booking service for branch appointments
08/20/2020
Normalisation of ties with Israel will support UAE tourism and transport: Moody's
Emirates and Etihad could attract Israeli passengers by leveraging their hub status, the global ratings agency
08/19/2020
Saudi leads Gulf markets higher; Egypt retreats
All Saudi Arabian banks gain
08/19/2020
Sheikh Mohammed reviews UAE's 'New Economy' gameplan
Built around 33 initiatives, the plan targets a doubling of exports
08/19/2020
There are Now At least 60 Fintech Firms Operating in Saudi Arabia, with 100 Startups in Concept or Pre-Launch Phase
Other positive developments include the regular issuance of regulatory testing permits and progressive Fintech regulations created by the Saudi Arabia Monetary Authority (SAMA) and the Capital Markets Authority (CMA).
08/18/2020
UAE: Employees Seek Compensation for 'Working from Home' Expenses
"Some of the companies are reviewing employment contracts in the light of Covid-19 as they want to make clear that they are able to impose annual leave."
08/18/2020
Prime FinTech attracts prominent names from banking & technology to its board of directors
Including Osman Sultan, Zeinab Hashim and Halla Sakr
08/18/2020
Open Banking is gaining momentum in Bahrain, Mena
Various Open Banking awareness campaigns have been rolled out in the region, including educational campaigns, a virtual resource hub, and new job opportunities within the FinTech sector.
08/17/2020
Interview: Stanchart building bridges with Saudi Arabia
The new status allows SC to add to the investment banking activities it previously ran, giving it capacity to offer commercial banking and deposit-taking in the Kingdom.
08/17/2020
Global businesses enjoy combined offshore and free zone benefits with RAKEZ Global Product
RAKEZ unveils midshore company set-up to position Ras Al Khaimah as a gateway to global business
08/17/2020
Private sector job losses pose risks to asset quality and profits of UAE banks
Rising impairments force banks to deleverage and tighten lending standards
08/17/2020
Before the ink dries: Everything you need to know about the UAE’s economy
Israeli companies aiming to break into the UAE market will find a local thirst in several sectors, including retail digitization, cybersecurity and health
08/16/2020
Oman in the COVID-19 Pandemic: People, Policy and Economic Impact
Since January, Sultan Haitham has implemented a raft of new policy measures in an attempt to address pressing questions of dependence on oil and issues concerning unemployment and participation for a young population.
08/16/2020
Continued, but moderate capital flows to EMs likely in H2: QNB
QNB’s base case outlook assumes that significant policy support is maintained and that the virus is gradually brought under control in most countries. That should lead to a continued recovery of the global economy during the second half of the year.