Qatar exchange houses' foreign currency purchase, sale moderates in 2020: QCB
Purchase and sale of foreign currencies by Qatar’s exchange houses further moderated during 2020, Qatar Central Bank said and noted…
Comment & Analysis
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Saudi banks’ credit to the private sector goes up by $3.4bln
Saudi commercial banks’ credit to the private sector rose by SR12.7 billion ($3.4 billion) in November when compared to the…
Bitcoin slump? Yes, but ignore the crypto deniers
Bitcoin is likely to record its worst monthly performance since May, but you should “ignore the crypto deniers” if you…
Saudi Central Bank’s assets go up by 2% in November to hit $504bln
Saudi Central Bank’s total assets went up by 2.2 percent in November from a month ago to hit SR1.89 trillion…
Cost pressures and inflation to lift prices of consumer products
The prices of consumer products are expected to rise significantly next year, according to a new study by AlixPartners. …
The Middle East’s top AWS consulting and technology partners
Amazon Web Services (AWS) has announced the winners of its Partner of the Year awards for the Middle East, lauding…
Real estate is second contributing sector to Saudi GDP, housing minister says
Real estate is the second largest contributing sector to the Saudi GDP and it is linked to the growth of…
Doha Bank secures $762.5 million syndicated loan
Doha Bank (DOBK.QA) said on Monday it had secured a three-year $762.5 million syndicated loan coordinated by Mizuho (8411.T) and…
Qatar's banking sector demonstrates resilience, registers 'impressive' growth amid Covid-19 challenges
Qatar's banking sector demonstrated resilience and registered an impressive growth in business during 2021, driven by the need to continue…
Saudi Arabia to finalise Riyadh 2030 strategy next year – state media
Saudi Arabia has delayed the launch of a major development strategy for the city of Riyadh up to 2030 until…
About 72% of CEOs worried about losing their jobs in 2022
The C-suite is a bundle of nerves this winter. A new survey shows that 72 per cent of chief executives…
How e-payment solutions can help businesses be more efficient and productive
We are currently and indisputably in the midst of a payment revolution. E-commerce continues to grow, and we’re expecting online…