06/21/2020
Moody's revises outlook to negative on eight UAE banks
The global ratings agency regards the coronavirus outbreak as a social risk under its ESG framework
Research, Comment and Analysis
06/19/2020
Turkey Wealth Fund plans $2 billion bond sale – report
Some investors have questioned why they should invest in debt sales by the TWF when they can buy Turkish Treasury bonds instead.
06/19/2020
UAE- Sharjah Islamic Bank successfully prices $500m sukuk
This confirms the bank''s credibility despite the current exceptional circumstances.
06/18/2020
Turkey could emerge stronger from coronavirus crisis, EBRD President says
Turkey, with its strong potential to significantly scale up exports, is one of the countries that stands to gain most from this new dynamic.
06/18/2020
Strong interest in open banking among UAE banks, study finds
The findings also showed that banks believe a way in which future collaboration can be fostered is by 'standardizing best practices' across the industry, via regulators and by technology.
06/18/2020
Strong interest in open banking among UAE banks, study finds
The findings also showed that banks believe a way in which future collaboration can be fostered is by 'standardizing best practices' across the industry, via regulators and by technology.
06/18/2020
Dubai’s Al-Habtoor Group planning major investment in Hungary, other central European countries
The investment strategy should also strengthen the already existing portfolio of the Dubai hospitality group, founded by hotel mogul Khalaf Al-Habtoor, in the central European countries, the source added.
06/17/2020
Qatar’s FDI inward stock exceeds $31bn in 2019: UNCTAD
West Asia is confronting the dual economic shock of plummeting oil prices and the pandemic, which is expected to result in an economic contraction of 3% to 4%, UNCTAD said citing the latest IMF report.
06/17/2020
Saudi Shura Council to decide on appointing women as judges
A member of the council has tabled the recommendation to appoint women as judges in personal status courts
06/17/2020
Qatar ranked sixth internationally in economic performance in 2020
The State of Qatar has contributed to the IMD Competitiveness Yearbook for the 12th time.
06/17/2020
The disconnect between the real economy and financial markets, Fadi Barakat, REYL
The economy and markets are interrelated but do not move in lockstep.
06/17/2020
Why Saudi Arabia is turning to blockchain technology
It can therefore diminish transaction costs.
06/17/2020
59% of UAE advice firms struggle to recruit
But advisers made redundant by covid-19 may need to upskill to attract job offers
06/17/2020
Saudi Arabia rises in world competitiveness rankings
“Five years ago, Saudi Arabia was in the bottom 10 in the world for competitiveness. Now it has reached number 24,” he said.
06/16/2020
Fintech and smart cities: the future?
How does a mobile-first, digital banking industry interact with future smart cities? We look to the Middle East to find out
06/16/2020
Women in the Middle East will soon hold $1 trillion in wealth
In the Middle East, women manage nearly $800 billion in assets, amounting to 13% of the region’s total wealth of approximately $6 trillion.
06/15/2020
Dubai Investments publishes 2019 ESG report
The report presents Dubai Investments’ efforts to support international frameworks and national visions and objectives
06/15/2020
Kuwait’s SWF witnesses steady growth despite crisis globally
Kuwait has sovereign savings of $655bln, which have accumulated over the decades as a result of surpluses from oil revenues
06/15/2020
Has the Fed Cancelled Bankruptcy? - Sanctum Wealth Management
US and European government bond yields are not just coming up short against their respective equity markets but also against inflation.
06/12/2020
Lockdown could trigger exodus of expats from UAE
Up to 10% may leave the region, but what does this mean for financial advice?