04/08/2020
Saudi call for OPEC+ meeting is an extension to its efforts to achieve market balance
Kingdom to continue its enduring endeavors to support global economy in this exceptional circumstance
Research, Comment and Analysis
04/08/2020
At 7-year high, gold eyes $1900 on stimulus-driven liquidity
That widening gap between gold futures and spot prices echoes a pattern seen last month
04/07/2020
GCC banking sector may see a ‘second wave’ of M&A, says S&P Global Ratings
This would require more aggressive moves by management than those seen in the past.
04/07/2020
Fitch revises HSBC Bank Middle East's outlook to negative
The Outlook revision follows a similar rating action on the parent, HSBC Holdings
04/07/2020
COVID-19 exit: UAE economy can expect a second-half bounce
But second and third quarters will see heavy contraction of growth, says FAB chief
04/07/2020
Stimulus measures will help GCC banks remain stable
The rating agency believes conventional and Islamic banks in the GCC countries will see significantly reduced revenue and credit growth in 2020.
04/07/2020
World Health Day 2020: Things to do during lockdown
While the medical force is serving at the frontline
04/06/2020
The evolution of diversity and inclusion in the UAE
In recent years, Alhashmi has seen a shift from diversity and inclusion being reliant on the HR departments within businesses to drive this culture.
04/06/2020
Qatar’s robust economic performance to overpower COVID-19 out-turn: Ezdan
Qatar Development Bank was also directed to adjourn maturities to the same period.
04/03/2020
Moody's has negative outlook on Gulf banking systems
Banks will see a reduced flow of deposits
04/03/2020
UAE likely to see GDP growth of 2.5pc in 2020: report
Although the number of coronavirus cases in the UAE is still limited, the pandemic is taking its toll on activity.
04/02/2020
Saudi Arabia pumps 12m barrels of oil for the first time
Previous record output was about 11 million barrels
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.