Dubai tops the list of the most popular destinations in the world for 2022
Dubai has managed to secure first place on the list of most popular destinations in the world for 2022, according…
Comment & Analysis
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HSBC reclaims bond crown in Mideast
HSBC Holdings, which last year was the top arranger for bond sales in the Middle East for the first time…
Dubai issues 72,152 new business licences in 2021, a growth of 69% compared to 2020
Dubai issued 72,152 new business licences in 2021, a growth of 69 % compared to 2020 when 42,729 licenses were…
JP Morgan and Rothschild & Co top M&A financial advisers by value and volume in Middle East & Africa for 2021, finds GlobalData
JP Morgan and Rothschild & Co were the top mergers and acquisitions (M&A) financial advisers in the Middle East &…
Social concerns to be key focus for Middle East investors in 2022: expert
Factors relating to businesses social aspects are likely to be a foremost factor in regional investors over the coming year,…
More than 60% of UAE employees plan to look for new job in next six months, survey finds
About 65 per cent of employees in the UAE plan to look for a new job in the first six…
Digital Transformation Being Pushed at Faster Rate by Financial Services Firms, New Broadridge Survey Finds
Financial services firms who invested in next-gen technologies and continued their digital transformation push in 2021 are already experiencing the…
World Bank raises Saudi Arabia’s 2022 growth forecast to 4.9%
The World Bank has raised Saudi Arabia’s 2022 growth forecast from 3.3 percent to 4.9 percent. In a statement,…
UAE bank deposits grew 80 per cent in 10 years
Deposits at UAE banks grew 80 per cent to Dhs1.884 trillion in 2020 from Dhs1.049 trillion in 2010. According…
Turkish central bank seen to halt easing after currency fall
Turkey’s central bank is expected to hold its policy rate steady at 14% next week, a Reuters poll showed on…
Continued foreign assets drop could pressure Egyptian bank VRs
Fitch Ratings-London: Egyptian banks’ Viability Ratings (VRs) could come under pressure if the banks’ foreign assets continue to drop, Fitch…
Fitch revises Bank Muscat's outlook to Stable
The rating actions follow the similar action on Oman's sovereign rating on 20 December 2021 (see "Fitch Revises Oman's Outlook…