Moody’s puts Qatar’s banks on negative watch amid regional dispute
Qatar’s dispute with its Gulf neighbors has hit the country’s banking sector as rating agency Moody’s Investors Service changes its…
Market Forecasts
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Five Chinese Firms to Invest $300 Million in Abu Dhabi
Five Chinese companies will start operations in Abu Dhabi’s industrial zone with an initial investment of AED1.1 billion ($300 million)…
UAE’s credit and deposit growth eased in June
Credit and deposits growth in the UAE’s banking sector eased in June according to the monetary data from the Central…
Comment: Banks must wake up to the digital revolution
Standard Chartered has reduced its branch network by 10 per cent over the past two years in a clear sign…
DIFC takes a big leap forward in Fintech initiatives
Financial technology or Fintech as it is more commonly known, has emerged as the buzzword of the decade in the…
StanChart bullish on UAE despite slowing economy
Standard Chartered, the emerging market specialist bank, said the UAE is among the top markets for the financial institution despite…
Qatar deposited over $10 bln in banks to offset crisis outflows
Qatar's government deposited over $10 billion in local banks last month to offset a pull-out of deposits by foreign institutions…
It's time to move on without Qatar
UAE Minister of State for Foreign Affairs Dr Anwar bin Mohammed Gargash on Wednesday, in a series of tweets, said…
Dubai's Mashreq bank sees drop in demand for Qatar business
Mashreq, Dubai's third-largest bank by assets, has seen a drop off in demand for business in Qatar since a dispute…
Mena Growth Will Fall Considerably
Economic growth in the Middle East and North Africa is forecast to slow considerably over oil prices as the Saudi…
Dubai economy well positioned for the future with growth to rise next year
Dubai’s economy is forecast to expand 3.6 per cent next year, compared with 2.9 per cent in 2016, as the…
Dubai on track to top 'ease of doing business' index by 2021
Dubai is well on track to claim the number one rank in 'ease of doing business' by 2021 and expects…