World’s Rich Readying for Major Stock Sell-Off, UBS Wealth Says
Wealthy people around the globe are hunkering down for a potentially turbulent 2020, according to UBS Global Wealth Management. …
Market Forecasts
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October 2019 sees 11-year high in Dubai real estate transactions
Contradicting reports of a slowdown in the property market, October 2019 was a record month for Dubai real estate with…
UAE economic outlook stable, structural reforms to drive growth
National Bank of Kuwait said that the UAE’s economic outlook remains stable, despite a slowing global economy, trade disputes as…
GCC banks to maintain stable financial profiles in 2020
According to the World Bank, growth across the Gulf region is expected to increase from two per cent last year…
Palestine no longer a safe environment for investments
The Palestinian Central Bureau of Statistics and the Palestinian Monetary Authority announced in a joint report published Sept. 29 an…
Egypt plans to double average debt maturity this year
Egypt’s finance ministry said that the government plans to raise its share of longer-dated debt to 40 per cent of…
Advantage Arada: Sharjah developer to deliver mega project in 2020; eyes Saudi expansion
Sharjah-headquartered real estate developer Arada is on track to start delivering the first phase of its flagship Aljada development in…
Azizi Developments bullish on the property market as it eyes expansion
Dubai property developer Azizi is bullish on the property market and expects it to rebound next year on the back…
Dubai sets up unit to attract more private sector investment
Dubai has established a dedicated unit to focus on public-private partnerships as it looks to develop and maintain a sustainable,…
Size of the Kingdom's cybersecurity market is projected to swell to $3 billion this year
As Riyadh prepares to host the seventh Middle East and North Africa (MENA) Information Security Conference, the focus is on…
15 extreme risks for investors revealed
The Thinking Ahead Institute’s Extreme risks 2019 report and ranking, which categorises rare events that could have a high impact…
Dubai GDP to grow 2.5% per year thanks to Expo 2020 – S&P forecast
Dubai’s GDP is expected to grow by about 2.5 per cent a year between 2019 and 2022, according to new…