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…
Market Forecasts
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Dubai announces reopening of gyms, cinemas and businesses from Wednesday
Dubai will resume the gradual reopening of business activities on Wednesday from 6am to 11pm in the city’s latest move…
Re-Opening with Hope
Economic data displays fewer really bad surprises Some country and sector rotation within equity markets Emerging market debt showing good…
Doing business in The United Arab Emirates
The United Arab Emirates is often used as a base for Middle East and North African operations by companies attracted…
Egyptian pound forecast to drop by single digit percentage
As Egypt seeks foreign funds to mitigate the impact of the global pandemic on its balance of payments, economists expect…
UAE Securities And Commodities Authority Discusses With The Capital Markets Advisory Committee Initiatives To Regulate The OTC Market And Its Precautionary Measures To Contain The Consequences Of COVID-19
As part of the efforts of the UAE government to counter the consequences caused by the coronavirus outbreak and support…
Investment power shifting east to Gulf and Asia
The Covid-19 crisis has sent asset prices plunging, and cash-strapped companies are desperate for any capital injection – which makes…
How much will oil price drop hit the Middle East wealth market
The economies and infrastructure in the Middle East have been primarily built up by the wealth generated from its large…
Egypt’s growth to slow sharply in 2020 because of coronavirus pandemic
Egypt’s GDP growth falls to 0.5 per cent in 2020 due to coronavirus pandemic Economy seen avoiding contraction with 5.2…
EBRD expects Turkey’s economy to bounce back by 6 per cent in 2021
Turkey’s GDP expected to fall by 3.5 per cent in 2020 because of coronavirus pandemic Rebound of 6.0 per cent…
Oman expected to meet its funding needs, keep support for dollar peg
The rating agency Standard & Poor’s, which recently lowered the ratings on Oman to 'BB-/B', has said the country will…
V versus U by Gary Dugan
The grind higher in US equities appears to back the V-shaped recovery view A possible 25% unemployment rate would signal…