Alvarez & Marsal unveils ambitious growth plans in Middle East
Enticed by a growing pool of restructuring clients in the Middle East and keen to serve Covid-impacted businesses, Alvarez &…
Comment & Analysis
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Why UAE banks are in no rush towards consolidation
The UAE will witness an increased number of consolidations in the banking sector in the years ahead, according to experts…
HSBC to phase out coal funding on shareholder pressure
HSBC bank on Thursday unveiled plans to phase out financing of the coal industry over the next two decades, bowing…
UAE: The sky is the limit for gender reform
This year, the United Arab Emirates became the first country in the Middle East and North Africa region to introduce…
UAE’s economy shows remarkable ability to overcome repercussions of COVID-19 pandemic
In 2020, the UAE’s economy showed a remarkable ability to overcome the impacts of the coronavirus pandemic, with the Central…
Alawwal Bank, SABB merger targeted to complete on March 14
The full integration of Alawwal Bank and Saudi British Bank is targeted to complete on 14 March 2021. Hence,…
Middle East M&A deals buck downward global trend
Dealmakers in the Middle East adapted quickly to pandemic as merger and acquisition activity edged higher, Al Arabiya reported, citing…
Less than 10% of ME companies have mastered enterprise risk
At a volatile time, less than 1 in 10 organisations in the Middle East are highly mature in how they…
Abu Dhabi Commercial Bank — Moody's – Large UAE banks see sharp but manageable drop in profits for 2020, driven by low rates and rising provisions
» The United Arab Emirate's four largest banks drop in net profits reflects high loan-loss provisions, lower interest rates and…
31% UHNWIs in ME to buy property this year, says report
About 31% of ultra-high-net-worth individuals (UHNWIs) in the Middle East are planning on purchasing a new home in 2021, according…
Global Property Guide Released its Latest Global Residential Markets Report
Global Property Guide released its new research study, Global Residential Markets Report. Based on this global survey, Global Property Guide…
Remote working will demand bigger units and more flexible leases in UAE says report
The growth of remote working across the Emirates is changing demand for residential real estate according to a new report…