Revenue diversification key to fiscal management in GCC
Over the past decade, the GCC underwent major economic transformations, with an aim to diversify their economies away from the…
Market Forecasts
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Oman reworks its inward investment strategy
Omani authorities seem determined to entice interest from investors in the Gulf and elsewhere, ostensibly for the benefits of all…
UAE reserves set to surge 9% to $83.7 billion in 2016
The gross official reserves of the UAE is projected to grow 8.9 per cent to $83.7 billion in 2016 from…
Global Oil Supply More Fragile Than You Think By Nick Cunningham of Oilprice.com
Many oil companies had trimmed their budgets heading into 2015 to deal with lower oil prices. But the rebound in…
Lebanon business conditions decline for 25th month
If there is a silver lining to this latest survey, it is that the pace of decline is relatively moderate,…
IMF Executive Board Concludes 2015 Article IV Consultation With United Arab Emirates
On July 29, 2015, the Executive Board of the International Monetary Fund concluded the Article IV consultation and endorsed the…
Egypt: Economic growth fastest since revolution, vulnerabilities remain, says NBK
The acceleration in Egypt’s economic growth appears to have been sustained despite a soft patch in Q1, says NBK. The…
Emirates NBD UAE PMI™
July data suggested that the UAE's non-oil private sector regained some of the growth momentum that was lost at the…
Middle East investors turn attention towards US as London property prices soar
Middle East property investors are turning their attention towards the United States as some of London’s prime property markets show…
Smart moves: digital banking takes off in the UAE
Mobile banking is the fastest-growing segment across the globe due to its increasing popularity and the UAE is no exception. …
Another Dubai debt crunch is looming as oil slump hits Gulf
Car parks filled with abandoned sand covered Porsche and Ferrari sports cars was an enduring image of Dubai’s last flirtation…
IPO performance improves in GCC – PwC
IPO performance in the Gulf Cooperation Council ("GCC") showed signs of recovery in terms of the number of offerings and…