Dubai business conditions show signs of improving as city emerges from lockdown
Business conditions in Dubai showed signs of picking up in June as the city reopens after a lockdown to contain…
Market Forecasts
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Top five investment deals in the second quarter of 2020
The top five disclosed venture capital deals in the second quarter of 2020 amounted to $244.6 million, largely down to…
Now What? by Gary Dugan
Momentum still with equities A rotation into value stocks may require a burst of inflation Emerging stocks showing some good…
Could The UAE Replace Hong Kong As Asia’s Financial Center?
TOPLINE US sanctions imposed on China and Hong Kong—one of the world’s biggest financial centers—due to China’s new national…
Network International forecasts 17-20% revenue decline in first half
Network International Holdings plc provides an update on trading performance in the first half of the financial year and outlook…
Gulf economies to shrink by 7.6% this year, says IMF
Gulf Cooperation Council (GCC) countries will see their economies shrink by 7.6 percent this year, an International Monetary Fund (IMF)…
Global Business Barometer Improves
Executive sentiment about the three-month outlook for the global economy rose but remains pessimistic at -27.7 (out of a range…
Goldman Sachs raises 12-month gold price forecast to $2,000
Analysts at Goldman Sachs have raised their 12-month price forecast to $2,000 per ounce from the previous estimate of $1,800. …
1.2 million expats forecast to leave Saudi Arabia this year
More than 1.2 million expat workers are expected to leave Saudi Arabia over the course of 2020, according to figures…
The disconnect between the real economy and financial markets, Fadi Barakat, REYL
It seems counterintuitive to be buying financial assets while jobless rates are going up across the globe, yet at the…
Goldman Sachs sees $1,800 gold prices with potential for $2,000
Goldman Sachs looks for gold to hit $1,800 an ounce in the next year, with the potential for $2,000 if…
UAE Sees More Economic Pain Before a Fourth Quarter Recovery
The United Arab Emirates expects its non-oil economy to contract 4.1% this year due to the coronavirus pandemic, with a…