Digital payment markets expect 2021 windfall as online shopping surges
E-commerce and digital payment markets in the Middle East and North Africa and Pakistan (MENAP) region will continue to reap…
Market Forecasts
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The State Of AI Adoption In Financial Services
IDC predicts worldwide revenues for artificial intelligence (AI) software, hardware and services will reach $156.5B in 2020, increasing 12.3% over…
Oman's renewable energy gains momentum: BMI Market Research
Belham Management Industries Inc. of international agency Fitch has said that natural gas-operated energy stations will contribute about 95 per…
Global household wealth holds steady in 2020 despite economic turmoil
The Credit Suisse Research Institute has publishes its annual Global Wealth Report providing the most comprehensive and up-to-date coverage of…
Global countries’ economic outputs painful but uneven. How will the UAE fare?
The International Monetary Fund is downgrading its forecasts for next year, and warning of a long, slow recovery that will…
IIFM Publishes Ijarah Sukuk Standards
The International Islamic Financial Market has announced the publication of its Sukuk Al Ijarah Standard Documentation Templates. The suite…
Projects: Saudi plan to allow more foreign banks to benefit projects
Saudi Arabia is planning to allow the operation of more foreign banks in a bid to boost the domestic economy…
HSBC’ economists forecast 2.4% GDP growth in Egypt in 2020: Regional CEO Tricaud
Despite the world health crisis, HSBC’s economists forecast that Egypt’s GDP growth will be 2.4% in 2020, while their expectations…
Slippage in September By Gary Dugan
US equities continue to slip from their highs. Economists cut GDP forecasts as fiscal stimulus wanes – but governments may…
Central bank forecasts UAE GDP to contract 5.2 per cent in 2020
The UAE economy is expected to suffer a deeper contraction this year than originally estimated, with the Central Bank of…
Saudi Arabia's construction sector is powering Vision 2030
The infrastructure and construction industry is a crucial pillar of the government’s plan to overhaul the Saudi Arbia economy. Anwar…
Saudi finance minister rejects IMF prediction of economic gloom
International Monetary Fund experts are wrong and the Saudi economy will do better this year than the IMF’s pessimistic forecast…