Middle East M&A deal value nosedives by over half in H1 2020
Merger & acquisition activity in the Middle East fell significantly over the first half of 2020, although some signs of…
Comment & Analysis
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Saudi Arabia squeezes Aramco as low oil prices roil state budget
The world’s biggest oil company is getting squeezed by its main shareholder, the Saudi Arabian government. Even with crude…
Lebanon starts central bank audit in effort to exit financial crisis
Lebanon has started a forensic audit of the central bank, the Finance Ministry said yesterday, one of the steps donors…
Oman will tap local and international debt to fill coffers
Oman will tap local and international debt markets to fill state coffers badly hit by low oil prices and the…
Saudi Arabia tops G20 digital competitiveness rankings
Saudi Arabia has been ranked first among 140 nations for its digital competitiveness as it invests heavily in the technology…
Qatar's real estate transactions reach QR11.4bn during H1 2020
Qatar’s real estate market has weathered the fallout from the COVID-19 pandemic, as the country witnessed a significant pick up…
5-year renewable visa plan for UAE retirees has property market primed for action
Dubai Tourism and the General Directorate for Residency and Foreigners Affairs announced on September 2nd a 5-year visa for residents…
Fitch Downgrades Arab Banking Corporation to 'BB+'; Outlook Negative
Fitch Ratings has downgraded Arab Banking Corporation B.S.C.'s (ABC) Long-Term Issuer Default Rating (IDR) to 'BB+' from 'BBB-' and its…
National Bank of Oman Brings in Global Expert for Online Event on European Equity Markets
Continuing to bring in global industry knowledge to investors in the Sultanate, National Bank of Oman recently held a virtual…
Markaz: COVID-19 takes a toll on Kuwait banking driven by macro uncertainties and lower asset quality
A new report recently released by Kuwait Financial Centre “Markaz” has stated that Kuwait’s banking system would continue to face…
Working-from-home lessons: employees 'confidently' make 90% of all security awareness mistakes
Free security awareness training on remote working from Kaspersky and Area9 Lyceum has seen participants enact correct responses 66% of…
Behind the Middle East's fintech boom
The fintech sector in the Middle East has seen substantial growth over the past few years. According to The…