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…
Market Forecasts
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Qatar Financial Centre set to achieve targets despite challenges posed by COVID-19
The Qatar Financial Centre (QFC) has registered 1,000 companies on its platform, reflecting the trust of companies and investors on…
UAE unveils future energy, infrastructure roadmap
The UAE government has announced the "Road Map for Leadership in the Energy, Infrastructure, Housing and Transport sectors" to define…
SWFs see a more challenging investment environment in a bi-polar world
The International Forum of Sovereign Wealth Funds (IFSWF), a global network of almost 40 sovereign wealth funds, and Invesco, one…
Fintech industry growing by 18% annually in Saudi Arabia: report
The value of fintech transactions in Saudi Arabia increased at a rate of over 18 per cent each year between…
Kuwait budget deficit could widen to $46bln in 2020/21 -document
Kuwait expects its budget deficit to widen in its 2020/21 fiscal year to 14 billion dinars ($46 billion), according to…
Bank of America targets $3,000/oz as gold shatters price record
Gold topped $2,000 an ounce for the first time as a combination of the tumbling dollar and a collapse in…
Abu Dhabi property sales set to increase in H2 2020
Sales volumes in Abu Dhabi’s real estate market are expected to rise in the second half of 2020, as developers…
BCG Global Wealth Report 2020: 54.5 percent of the Kindom of Saudi Arabia's wealth in 2019 headed by millionaires
The 20th annual study of global wealth management conducted by Boston Consulting Group has taken a 20-20 view of the…
Islamic Financing Market to Witness Huge Growth by 2025
The latest update of Global Islamic Financing Market study provides comprehensive information on the development activities by industry players, growth…
Single regulator a catalyst for mature UAE financial market
The UAE government’s planned merger of the insurance regulator and the securities market regulator sets the groundwork for a mature…
Doha Bank bid to bring in more financial firms from Japan to invest in Qatar’s capital market
Doha Bank is strengthening operations in its rep office in Japan to bring in more financial institutions from there to…