Infrastructure companies show strong signs of recovery – Kuwait's Agility CEO
Kuwait-based Agility’s CEO Tarek Sultan said his infrastructure companies have shown strong signs of recovery from the effects of the…
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Artificial Intelligence enhances companies’ operational agility
Artificial Intelligence is witnessing rapid growth in Qatar and most of the ministries and other organisations are planning to expand…
Survey shows Saudi entrepreneurs ‘most optimistic in the world’
Saudi entrepreneurs are among the most optimistic in the world, a new survey shows, with an overwhelming majority believing the…
Qatar’s fiscal balance to scale up to 3% of GDP in 2025 from 1.4% this year: FocusEconomics
Qatar’s fiscal balance will scale up to 3% of the GDP in 2025 from 1.4% this year, FocusEconomics has said…
Saudi bank mortgage portfolios to expand 30 percent annually says S&P
Strong housing demand and the government’s commitment to meet Vision 2030 targets is expected to support Saudi credit growth over…
UAE banks to soft land amid profitability and asset quality challenges
The UAE’s banking sector that came under pressure from huge spike in loan loss provisions and squeeze on profitability from…
World Bank: Saudi Arabia among biggest sources of remittances in 2020
Saudi Arabia was the third largest source of remittances globally in 2020, just behind the UAE and the US, according…
Bahrain-origin exports surge 59% to $778mln in April
The value of Bahrain’s exports of national origin increased by 59% to BD295 million ($778million) during April 2021, compared to…
Reduction in Q1 Saudi budget deficit due to capex cut – analysts
Saudi Arabia last week reduced its budget deficit to 7.4 billion riyals ($1.97 billion) for the first quarter of the…
Loan demand in UAE makes remarkable recovery in Q1
Credit demand in the UAE made a remarkable recovery in overall credit appetite and demand for loans, both business and…
Luxury labels Karl Lagerfeld and Bally go direct to UAE shoppers with own online stores
Karl Lagerfeld, the high priest of fashion, is setting up shop in the UAE and Middle East markets – an…
Invest in Dubai registrations top 5,700 since launch
Invest in Dubai registrations have topped 5,700 since the platform was launched in February. The largest one-stop-shop platform of…