06/04/2020
COVID-19 is turning many UAE expats with jobs into supersavers
Personal finance priorities have changed, and people now make a conscious effort to cut down on expenditures
Research, Comment and Analysis
06/03/2020
The Gulf’s sovereign wealth funds ‘need to be deployed’ amid coronavirus crisis, expert says
“Sovereign wealth funds have multiple objectives, but one of them is that they are rainy day funds, and this is a rainy day,” Tarek Fadlallah told CNBC.
06/03/2020
How MENA's largest broker EFG Hermes is coping with remote working
Egypt-based investment bank, which operates across four continents, started working remotely from mid-March 2020
06/03/2020
UAE and Saudi women control assets worth $326bln - BCG
Wealth managers need to personalise solutions to tap into women's wealth
06/02/2020
Turkish state banks handed lead role to boost economy
The latest announcement underscores policy makers’ determination to keep credit flowing through Turkey’s $750bn economy even with lending already growing at a record pace.
06/02/2020
Gulf Countries to Experience Worst Economic Crisis in History: IIF
The Saudi central bank said yesterday it would inject an additional $13.3 billion into the local banking system to help banks support the private sector, after consumer spending fell sharply in April due to virus containment measures.
06/02/2020
Lebanon’s economic rescue plan only buys ‘a few more years before we run into the next crisis’
Azar’s, and others, analysis is now published on Finance 4 Lebanon – a blog site created especially for the group by Elie Habib, co-founder of music streaming site Anghami.
06/02/2020
Kuwait-businesses to resume amid coronavirus
Banks will recommence business from June 2nd after a three-week postponement during the curfew, Kuwait Banking Association declared.
06/02/2020
Oman placing emphasis on innovation to boost prosperity
Oman is rapidly upgrading citizen services and driving business transformation.
06/02/2020
QDB highlights Qatar’s efforts in dealing with Covid impact on business sector
Al-Khalifa referred to the directives of the wise leadership to provide financial and economic incentives to the tune of QR75bn to the private sector.
06/02/2020
How can UAE wealth managers stay relevant in the current economic situation?
Wealth managers need to adopt sophisticated tools such as robo-advisors to stay relevant and offer the best service to their clients, says IT firm Comarch
06/01/2020
Why now is the time for GCC family businesses to review succession planning
Only 25% of family entities have an effective wealth transfer strategy in place
06/01/2020
UAE’s financial markets need more depth
Banks should not be sole option for businesses requiring ready access to funds
06/01/2020
Women’s wealth in Middle East to rise 9% by 2023 – report
Women’s wealth in the UAE and Saudi Arabia amounts to $103bn and $224bn respectively
06/01/2020
Allocations to EMD surge, driven by EMEA and APAC investors
The study surveyed fixed income investors across North America, EMEA and Asia-Pacific (APAC) with a combined AUM totalling $20trillion.
05/31/2020
Quilter shares seven principles for investing through volatile times
The global drop in crude prices has had further effect on oil producing nations such as the UAE and wider GCC.
05/31/2020
Abu Dhabi retains its top credit ratings with stable outlook
Ratings reflect Abu Dhabi’s strong fiscal and external positions
05/29/2020
Fitch affirms National Bank of Ras Al-Khaimah at 'BBB+'; Outlook Stable
Rakbank's IDRs, Support Rating and Support Rating Floor reflect a high probability of support available to the bank
05/29/2020
Accor cuts 800 jobs across the Middle East and Africa region
But the group said that the UAE and Saudi are showing positive signs
05/29/2020
GCC issuance & investor demand are still strong
The higher risk is also reflected in a broad and marked rise in GCC credit default swap rates, typically used by investors to hedge against default.