Outlook: Non-performing loans will hinder MENA banks' recovery
COVID-19 has hit economies in the Middle East and North Africa (MENA) hard over the past few months, and although…
Comment & Analysis
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Dubai’s Al-Habtoor Group planning major investment in Hungary, other central European countries
Al-Habtoor Group is planning a major investment move in Hungary and several other central European countries, a source close to…
IMF gloom deepens over global outlook
The International Monetary Fund will likely forecast a worse contraction in the global economy than previously estimated for 2020 and…
Egypt looking to raise over $1bln loan, taps UAE banks – sources
The Egyptian government is looking to raise a loan of more than $1 billion and has tapped lenders in the…
Lebanon struggles to take first steps out of deep financial crisis
Lebanon is struggling to take the first steps out of a deep financial crisis, with hopes of reforms getting under…
Qatar’s FDI inward stock exceeds $31bn in 2019: UNCTAD
Qatar's foreign direct investment inward stock exceeded $31bn in 2019, according to the latest "World Investment Report 2020" by United…
Saudi fund to offer SR3.7 billion to 500 plus small industrial firms
Saudi Arabia will offer a 3.7 billion riyal ($1 billion) stimulus package to support more than 500 small and medium-sized…
Saudi Shura Council to decide on appointing women as judges
Women could soon be appointed as judges in personal status courts in Saudi Arabia, according to local media reports. …
Qatar ranked sixth internationally in economic performance in 2020
Qatar achieved the sixth rank out of 63 countries, mostly high-income countries, in Economic Performance in 2020 in The World…
The disconnect between the real economy and financial markets, Fadi Barakat, REYL
It seems counterintuitive to be buying financial assets while jobless rates are going up across the globe, yet at the…
Why Saudi Arabia is turning to blockchain technology
Blockchain is an advanced technology that uses distributed ledgers to build blocks through the use of the internet. It…
How Can Lebanon’s Fintech and Wider Financial Services Industry Thrive in 2020 and Beyond?
Lebanon’s historic ties to the financial services industry in the Middle East and the growth of the fintech industry have…