07/06/2020
$800bn plan to turn Riyadh into cultural hub for the Middle East
It’s a significant plan and the whole city is working to make sure this happens.
Research, Comment and Analysis
07/05/2020
Gold Funds Underpin Pandemic Price Rally as Jewelers Vanish
The shift underscores the global push-and-pull for gold between western investors looking for a safe haven and traditional demand centers for physical gold in Asia.
07/03/2020
UAE's 47 billionaires control $163bln wealth, says report
The number of billionaires worldwide rose 8.5% to 2,825 in 2019
07/03/2020
Saudi Arabia can bridge budget gap through debt, says Citi Bank chief
Citi has been involved in some of the big bond issues Saudi Arabia has raised, including the record-breaking $12bn Saudi Aramco bond last year.
07/02/2020
Pandemic prompts 'thousands of expats' to bid goodbye to Dubai
Oxford Economics has forecast the UAE risks losing up to 900,000 jobs due to the covid-19 pandemic and its strictly-enforced lockdowns.
07/01/2020
Gulf economies to shrink by 7.6% this year, says IMF
He said oil-producing countries in other regions were likely to see even larger drops.
06/30/2020
Egypt's Mansour Group tops list of Arab family businesses. Which are the rest?
The list included 10 companies more than a century old, and 13 companies formed between 75 and 100 years ago
06/30/2020
COVID-19: UAE banking sector could see more job cuts this year
Cost pressures and digitization will cause shift in post-COVID hiring as well
06/30/2020
Here is why the UAE will become the number one global fintech hub
2019 saw fintech deals and funding spread to emerging and frontier markets. South America, Africa, Australia, and Southeast Asia (SEA) all saw funding top annual highs.
06/30/2020
Revealed: The UAE's most powerful business families
Forbes Middle East issues list of 100 Most Powerful family businesses in the region.
06/30/2020
Global Business Barometer Improves
This put it ahead of other options such as direct fiscal stimulus to consumers and tax cuts.
06/29/2020
Renewed activity observed across global residential markets: Savills
Once travel restrictions into Singapore are eased, Cheong expects ultra high-net-worth Chinese buyers to snap up properties in the city-state.
06/29/2020
Founder of first Islamic bank Saeed Lootah dies at 97
The businessman founded Dubai Islamic Bank and co-founded S.S.Lootah Contracting Company with his brother Sultan
06/26/2020
Turkish central bank unexpectedly halts easing cycle
Fallout from the pandemic brought Turkey’s economy to a near stand-still in the second quarter.
06/25/2020
UAE banks set for more job cuts, profit decline
Many institutions brace for a steeper impact of COVID-19 on operations
06/25/2020
Dubai remains among top global FDI destinations, gets $2.72bln in the first five months of 2020
The emirate received 135 foreign investment projects during the January-May period
06/25/2020
Fitch affirms Qatar rating at AA-; outlook stable
The banking sector is an integral part of Qatar's economic model and the sovereign has an extensive record of supporting it.
06/25/2020
Helping financial institutions embrace a digital future
Satish Menon and Muhammad Azam on how DIGI can help businesses reach their online goals
06/25/2020
Private Banking In MENA
Executive insights from Rudy Guillemyn, head of Elite & Private Banking at First Abu Dhabi Bank.
06/25/2020
How the UAE financial sector is adapting to a post-pandemic world
The use of technology during COVID-19 means digital solutions are increasingly important