A guide to relief and stimulus measures for businesses in Dubai amid COVID-19 crisis
Given the economic slowdown caused by the COVID-19 pandemic, businesses in Dubai have been subjected to a variety of relief…
Market Forecasts
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What does the new 'big quest for yield' mean for gold prices next week?
With the futures market starting to price in the possibility of negative U.S. policy rates by 2021, traders are in…
Moody’s affirms ratings of Saudi banks; outlooks changed to negative
Rating agency Moody’s Investors Service, (Moody’s) has affirmed all ratings and assessments of the 11 banks it rates in Saudi…
UAE banks can take on upcoming global challenges
Thank you for your reading and interest in the news UAE banks can take on upcoming global challenges and now…
Opinion: Globalisation is evolving, not dying – just look to the Middle East
From the UAE to Saudi Arabia, the last decade has seen member countries open their borders ever wider to foreign…
UAE central bank says GDP grew by 1.7% in 2019
The overall real GDP (gross domestic product) of the United Arab Emirates is estimated to have grown by 1.7 percent…
UAE banking sector remains resilient to global challenges
The UAE’s banking sector remains strong and resilient despite several challenges posed by global economic developments last year, according to…
Post COVID-19 scenario: Setting UAE banks on the recovery path
There are many unanswered questions regarding the Covid-19 crisis, the first of which is the ultimate impact on human health.…
UAE’s banking sector acts quickly to provide relief
The UAE banking sector is on solid growth track and is marching ahead despite COVID-19 challenges. Mohammed Ibrahim Al…
Gold prices going to "pop" to $2,700, easily – Frank Holmes
Despite a weakened economy, stocks continue to rise on the back of monetary stimulus, which is bound to push gold…
Fitch: GCC bank credit profiles to weaken despite unprecedented stimulus
The standalone credit profiles of Gulf Cooperation Council banks are set to weaken due to the coronavirus pandemic and lower…
Coronavirus curfew in Saudi Arabia has been partially lifted
The coronavirus curfew in Saudi Arabia has been partially lifted. Residents will have to stay in their homes between…