Qatar, US support strong and united GCC
The Governments of the United States and the State of Qatar have expressed concern about the detrimental security, economic, and…
Comment & Analysis
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Gulf loan market subdued but government-related entity deals surge – ADIB
Overall loan activity in the Gulf is about 20% to 25% lower than a year ago, but deals by government-related…
UAE, Bahrain, Turkey top Islamic countries on World Bank Human Capital Index
UAE, Bahrain and Turkey are the top Islamic countries on the World Bank Group’s Human Capital Index 2020 but there…
Dubai may be as indebted as South Africa if dissenters are right
Determining how much debt Dubai's government has amassed depends on who's counting. What is less in dispute is that the…
Forbes Identifies the Best Businesses in the Arab World
2020 is not looking like a good year for most businesses. Covid-19 is affecting every stock market around the world…
Fitch affirms KIB’s long-term A+ rating, with stable outlook
Fitch Ratings has affirmed Kuwait International Bank’s long-term issuer default rating (IDR) at 'A+' and viability rating (VR) at “bb-”,…
Investor appetite in Middle East’s FinTech sector remains strong
An increasingly vibrant hub for tech startups, the Middle East is drawing significant early stage investments in the FinTech space,…
How Dubai is shaping up to be the new Silicon Valley for Indian techies
Dubai is fast becoming the new Silicon Valley for many Indian start-ups and tech companies, which are cutting their teeth…
After COVID-19, global cruise lines will once again arrive at Dubai port by late October
The first cruise ships after the COVID-19 crisis will dock at Dubai’s Mina Rashid Terminal late October, according to a…
UAE tech sector needs to get hiring right
Billions of dirhams worth of projects are channelled by the government to large private companies each year, whether related to…
Turkish companies said to seek debt restructuring as virus hits
Debt-laden Turkish companies are seeking more time to repay bank loans after the coronavirus pandemic upended plans to sell assets,…
Lebanon faces deep economic, social and financial crises, says Moody’s
Lebanon’s credit profile reflects deep economic, social and financial crises and the country has very weak institutions to address them,…