UAE's SHUAA forecasts $13.6mln annual synergies from ADFG merger by Q2 2021
UAE-based financial services group, SHUAA Capital, expects to realize 50 million dirhams ($13.6 million) in annual synergies by Q2 2021…
Market Forecasts
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UAE central bank to revise 2020 growth forecast due to coronavirus
The United Arab Emirates’ central bank will reassess its forecast for economic growth in 2020 due to the coronavirus outbreak,…
Middle East Gas Market Growing at Double the Rate of Global Energy Demand
The natural gas market in the Middle East is experiencing a substantial growth phase, with its cost of supply remaining…
Middle East’s $2 Trillion Wealth Could Be Gone by 2034, IMF Says
The Arab monarchies of the Persian Gulf face a budget reckoning and risk squandering their $2 trillion in financial wealth…
Invesco predicts another year of moderate global growth and low inflation for 2020
Amid the backdrop of geopolitical tensions, trade wars, disruptions to oil supplies in the Middle East and a prolonged downturn…
Middle East investors target $5.3bn London commercial property spend in 2020
Middle East investors are set to increase commercial real estate investment in London this year, according to Knight Frank. …
"Back to Reality": Emirates NBD announces investment outlook for 2020
Emirates NBD, had released its global investment outlook for 2020. Themed, “Back to Reality”, the 2020 outlook was revealed…
Saudi central bank shrugs off weaker growth forecast as tourism sector heats up
The opening up of Saudi Arabia’s tourism sector will boost the country’s growth outlook and protect the economy from a…
Middle East's $4.5B Cloud Applications Market by Application, Organization Size, Vertical, and Country – Forecast to 2024
The "Middle East Cloud Applications Market by Application (ERP, CRM, HCM, SCM, and Business Intelligence and Analytics), Organization Size, Vertical…
Qatar Islamic Bank Sponsors Qatar's First Franchise Conference Expo 2020
Qatar Islamic Bank has announced that it will participate in Qatar's first Franchise Conference and Expo 2020 as a support…
Dubai property market will recover in 2020, says expert
UAE-based residential, hospitality and commercial property developer Seven Tides has indicated Dubai’s property market will start to recover in 2020,…
FAB launches 2020 Global Investment Outlook Report
First Abu Dhabi Bank had published its 2020 Global Investment Outlook Report, ‘Shaping tomorrow, today’. The report, written by…