5 new Arab SMEs raise funds and 3 Arab startups to watch
Arab startups are more and more successful at raising funds for their business innovations and last November leading into December…
Comment & Analysis
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Human Development Report: UAE Ranks Number One In Arab World
The UAE advanced by four positions in the Human Development Index topping the list of countries in the Arab world…
Saudi sovereign fund PIF says total staff count crossed 1,000 in December
Public Investment Fund, Saudi Arabia's sovereign wealth fund, said on Thursday its total employee count surpassed 1,000 as of December,…
Covid sparks savings drop for over 50% of UAE residents
The coronavirus pandemic has caused a lot of issues globally including how people save their money. Wealth management giant…
Economic outlook improves; UAE, Bahrain to get a boost from COVID-19 vaccine rollout
Middle East economies are slowly recovering from the COVID-19 crisis, but it will take about two years before it can…
Business community welcomes 2021 spending plans
Headed by King Salman, Saudi Arabia’s Council of Ministers on Tuesday approved the Kingdom’s general budget for 2021. It includes…
Saudi Arabia to get sovereign wealth fund dividend, has no tax hike plan, says finance minister
Saudi Arabia expects to receive up to 25 billion riyals ($6.7 billion) in dividends this year from its sovereign wealth…
Lebanese banking staff 'held captive by fear' as jobs hang in the balance
Concerns are rising among banking employees in Lebanon that their jobs may disappear as the country's ongoing economic crisis continues…
JLL advises Kamco Invest and Greenridge Investment Management on refinancing of two B&Q retail warehouse units in UK
JLL has advised Kamco Investment Company and Greenridge Investment Management on the £31 million refinancing of two long let B&Q…
UAE economy's rebound to pre-crisis level by 2022
The UAE’s non-oil economy will expand by 4.2 per cent in 2021 after an anticipated 7.4 per cent decline in…
Is open banking the answer to boosting the UAE property market?
Open banking is a term we have been hearing a lot over the past three years, since the concept emerged…
Over 50% of UAE residents have stopped or reduced saving due to the pandemic
New research* from Quilter, the wealth manager, reveals that the Covid-19 pandemic has caused more than half of people in…