04/02/2020
Saudi Arabia pumps 12m barrels of oil for the first time
Previous record output was about 11 million barrels
Research, Comment and Analysis
04/02/2020
Coronavirus Poses Downside Risks to Jordanian Banks
Fitch expects further pressure on Jordanian banks' asset quality in 2020 in the form of higher impairments, restructuring and rescheduling.
04/01/2020
Islamic finance to expand in 2020 as demand for Shariah-compliant products grows
Coronavirus outbreak may disrupt sukuk issuance, Moody's says
03/31/2020
Islamic financing asset growth to continue to pick up in 2020: Moody’s
The Gulf Co-operation Council region and Malaysia have led the growth in Islamic financing assets, the report said.
03/31/2020
Egypt’s banks told to limit withdrawals and deposits
“This could reduce hoarding and panic buying and contain prices,” a second analyst said.
03/30/2020
UAE remains least corrupt country in Mena region
Globally also, the emirate retained its 21st ranking.
03/30/2020
GCC markets start week mixed as Abu Dhabi and Dubai gain
The six-nation GCC has confirmed a total of over 3,000 infections, many related to travel to Iran, and 11 deaths from the virus.
03/27/2020
Qatar realty sector sees 53 property deals exceeding QR328mn between March 15 and 19: Ezdan
According to Ezdan, Doha Municipality accounted for the highest deal in terms of value pertaining to the sale of a residential complex in Old Airport area spanning over 7,274 square metres, at QR766 per square foot, with an aggregate value of QR60mn,
03/27/2020
Fast pandemic response could tackle climate crisis
Societies worldwide are changing overnight to meet the coronavirus threat. The climate crisis should match the rapid pandemic response.
03/26/2020
Qatar Airways offers 10 per cent bonus on rebookings, commits to continue flights
Customers must still pay any additional fare differences for their new ticket.
03/25/2020
The Future of Work at Home
Since the coronavirus struck, millions are suddenly having to work from home. Here are a few tips from someone who’s been doing it, happily, for 20 years.
03/25/2020
$6.6 billion - NMC Health's total debt as of now
UAE hospital operator is now burdened with more debt obligations than it thought it had
03/23/2020
The Decline and Fall of the Gulf's Oil Empire Is Looming
The current price war in oil markets will only hasten the moment when the unsustainable nature of Gulf economies faces a brutal reckoning.
03/23/2020
Taking Care of Your Mental Health in the Face of Uncertainty
This very reaction, while there to protect us, can cause all sorts of havoc when there is a sense of uncertainty and conflicting information around us.
03/23/2020
GCC markets end in red; volatility set to continue
Equity markets are observing unprecedented times as the coronavirus pandemic has caused significant worldwide economic disruption.
03/23/2020
10 home quarantine activities to keep boredom at bay
To give you some good courage and to prevent boredom
03/22/2020
Top 15 Inspiring Egyptians of the Decade in Business and Entrepreneurship
This significant improvement was fueled by the government’s success in securing a three-year International Monetary Fund loan of $12 billion in 2016, as part of efforts to revive the country’s ailing economy.
03/21/2020
Jordan Central Bank measures will soften coronavirus impact on lenders, Moody’s says
The regulator reduced its main policy rate from 4% to 2.5% this month and relaxed lending conditions
03/21/2020
So what impact will Covid-19 have on UAE property markets?
Savills says any disruption to the UAE's property sector caused by the new coronavirus is likely to be short-term
03/20/2020
UAE entrepreneur joins UK Biotech research company Vaxbio as Strategic Advisor to help launch an affordable COVID-19 vaccine
Dubai's IBC Group chairman Khurram Shroff has pledged USD5 million to help contain the pandemic. Vaxbio's team of experts has been able to sequence and successfully design a vaccine methodology for the COVID-19 contagion