59% of UAE advice firms struggle to recruit
The is a huge number of expat advisers in the Middle East, especially in the UAE. But the covid-19…
Comment & Analysis
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Saudi Arabia rises in world competitiveness rankings
Saudi Arabia has risen two places in the annual world competitiveness rankings calculated by the Switzerland-based International Institute for Management…
COVID-19 will permanently change the way wealth managers deliver advice and serve clients in the Middle East
Covid-19 will fundamentally change the way the Wealth Management industry in the Middle East operates, according to a new report…
Islamic finance to grow at slower pace in 2020-21: S&P
The global Islamic finance industry will show at best stable total assets or low-single-digit growth in 2020-2021 after strong performance…
Sharjah's Invest Bank to tap reserves to offset Dh.2.2b accumulated losses
Sharjah’s Invest Bank will dip into its reserves to offset the Dh2.2 billion in accumulated losses sustained by it. …
New platform using data technology blockchain may boost GCC sukuks, says S&P report
The new platform for sukuk issuance and management using data technology blockchain could boost GCC issuance volumes over time, S&P…
Qatar Fintech Hub to Support Global Financial Services Providers with Establishing Operations in Middle Eastern Country
The Qatar Fintech Hub is planning to encourage and support multinational Fintech firms to establish operations in the Middle Eastern…
Kuwait Stocks Lead Gulf Losses as Banks Face Pressure: Inside EM
Most equity markets in the Gulf declined as investors remain cautious about the pace of the economic recovery, while volatility…
Turkey's Erdogan says Islamic economy can pull world 'out of crisis'
Turkey's President Recep Tayyip Erdogan on Sunday said Islamic economic system is the key to "getting out of crisis" as…
Fintech and smart cities: the future?
Technology is developing at an incredible rate, and at every turn. Smart or digital technologies are no longer used…
First Abu Dhabi Bank sells 1.4 bln Chinese yuan in 5-yr Formosa bonds – document
First Abu Dhabi Bank sold 1.4 billion Chinese yuan ($197.3 million) in five-year Formosa bonds at 3.5%, a document showed…
Women in the Middle East will soon hold $1 trillion in wealth
Women in countries across the Middle East are getting wealthier. At the current rate of growth, Boston Consulting Group (BCG)…