Coronavirus: How deep will the new recession be?
The coronavirus outbreak and its economic impact threatens to plunge the global economy into recession if the uncertainty continues beyond…
Hedge Funds & Alternative Investments
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Sovereigns under threat by COVID-19 and oil price shock – Fitch
Sovereign credit fundamentals and ratings already under pressure from the coronavirus outbreak may be further hit by the oil price…
Saudi index, Aramco rebound after oil rout nosedive
Saudi Arabia's main index and oil giant Aramco were both up more than 5% in early trade on Tuesday, rebounding…
Emirates NBD holds its 13th General Assembly Meeting
Emirates NBD held its 13th General Assembly Meeting at the Bank’s Headquarters. At the General Assembly Meeting, a review…
Lebanon’s private creditors face significant losses, Moody’s warns
Moody’s Investors Service warned on Tuesday that private creditors faced significant losses as a result of the government’s decision to…
Fintech: building smart cities in Dubai
As the UAE overcomes regulatory hurdles, we explore how the city of Dubai is going to leverage fintech in order…
Want to make a Gulf dealmaker laugh? Ask when's the next IPO
Times are especially tough for dealmakers in the Gulf, where the currents battering global markets have converged. But a simple…
Record number of new firms join DIFC
The total of registered firms in the Dubai International Financial Centre (DIFC) reached 2,437 by the end of 2019 after…
Deal signed to train 11,000 Saudis in real estate sector
The Saudi Human Resources Development Fund (Hadaf) on Monday signed an agreement with the Real Estate General Authority to train…
Saudi Aramco shares dive, Gulf debt markets hit as oil drops
Saudi Aramco shares fell by as much as 10% on Monday, dropping below their December listing price after Saudi Arabia…
Emirates NBD Digitizes Trade Finance With LiquidX
Emirates NBD, a leader in the Middle East, North Africa and Turkey region, has joined the LiquidX network, the latest…
Columbia Threadneedle bolsters Middle East presence
Columbia Threadneedle Investments has announced the appointment of Jack Harvey as director, Middle East in its Dubai office, reporting to…