Core Savills’ David Godchaux on the state of the UAE real estate market
Although the common perception is that the prime market has seen a lot of supply coming in over the last…
Comment & Analysis
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UAE bank credit increases in July – Khaleej Times
Gross credit by the #UAE banks grew in July, reflecting increase business activity in the country while deposit by non-residents…
Pictet Sees Middle East Wealth-Fund Revival as Oil Price Holds
Pictet Asset Management SA said Middle Eastern sovereign wealth funds are starting to revive investment plans as a slump in…
Fujairah boom: The emirate seeing a rise in business, cultural and tourism projects
Fujairah, one of the seven emirates making up the United Arab Emirates, is witnessing an upsurge in new projects and…
Qatar deposits $6.9 bln in banks in July to offset crisis outflows
Qatar's government deposited nearly $7 billion in the local banking system during July to offset a pull-out of funds by…
Bahrain to post weaker growth in 2017
The IMF expects a growth of 2.3% for the country’s GDP this year, below the 3% of last year’s. Lower…
UAE: The millionaire magnet
Led by the UAE's strong economic growth and its status as a safe heaven, the number of millionaires in the…
Credit demand at Saudi banks to remain subdued: BMI
Despite continued improvements in liquidity conditions in Saudi Arabia's commercial banking sector, credit demand will remain subdued throughout the rest…
Kuwait economy to rebound in two years – WB official
The World Bank's Country Manager in Kuwait Firas Raad said the late 2016 OPEC and major oil producers' agreement, aimed…
Riyadh, Bahrain, Kuwait's corporate earnings grow — Markaz report
Kuwait Financial Centre (Markaz) stated that during H1-2017, GCC corporates posted a negative 1% growth compared to the same period…
UAE Expats Losing An Average Of AED 6000 Per Year On International Money Transfers
Expatriates sending money home are losing an average of Dh6,000* per year on transfers, according to global financial planning firm…
Turkey's non-banking financial sector assets go up
Non-banking financial sector assets increased by 19.5 percent to reach 120 billion Turkish liras ($34.26 billion) in the first half…