UAE Central Bank sees a strong return to GDP growth this year
The UAE Central Bank governor expects to see a strong return to GDP growth in for the country in 2021…
Comment & Analysis
9436 articles found
Saudi asset management industry resilient in 2021: KPMG
Saudi Arabia’s asset management industry looks resilient in 2021, according to global audit, tax and advisory firm KPMG, with official…
UAE’s GDP contracted 7.7% in 2020: Knight Frank
The UAE’s economy might have contracted by as much as 7.7 per cent in 2020, the steepest decline estimated for…
The importance of Middle East investors to London's office market
Nearly £4 billion ($5.3 billion) of capital from the Middle East is set to target London's office market this year…
Budget Saudi posts 5% net profit rise to $50.1m in 2020
United International Transportation Co. (Budget Saudi) reported a net profit after Zakat and tax of SR 187.9 million ($50.1 million)…
GIB main partner of Saudi International golf tournament
Gulf International Bank is the main sponsor of the ongoing Saudi International 2021 golf tournament powered by SoftBank Investment Advisers…
One of world’s richest nations taps wealth fund as cash dries up
Kuwait’s government has transferred the last of its performing assets to the country’s sovereign wealth fund in exchange for cash…
Banque Misr keeps monthly return on saving certificates at 11%
The Assets and Liabilities Committee (ALCO) at Banque Misr decided on Thursday to keep the interest rate or return on…
TCS takes full control of all-women BPO center in Riyadh
TCS and GE jointly established an all-women business services centre in Riyadh back in 2013 – aimed at promoting workforce…
Saudi, UAE, and GCC banks facing major pressures in 2021
Here below are sourced financial reports analyzing Saudi, UAE, and GCC banking’s performances in 2020 and what’s expected for 2021…
Saudi Arabia selected to chair key IMF committee
Maher Mouminah, the executive director representing Saudi Arabia at the International Monetary Fund, has been selected to chair the organization’s…
UAE sees increase in hiring levels for first time in a year
The UAE has experienced an uptick in employment levels for the first time in a year, according to the latest…