Saudi banks stay resilient amid pandemic
Saudi Arabian banks’ mortgage finance continuing to record significant growth for the first time, says the KPMG Q3 2020 Saudi…
Coronavirus
765 articles found
Economic outlook improves; UAE, Bahrain to get a boost from COVID-19 vaccine rollout
Middle East economies are slowly recovering from the COVID-19 crisis, but it will take about two years before it can…
New reforms boost confidence among investors in Dubai once again
Dubai has always amazed the international business community in its unparalleled ability to reinvent itself and adapt to any challenges.…
Over 50% of UAE residents have stopped or reduced saving due to the pandemic
New research* from Quilter, the wealth manager, reveals that the Covid-19 pandemic has caused more than half of people in…
Eight ways how Covid-19 is impacting the future of mobility
As part of its partnership with the World Government Summit, Sia Partners conducted a market analysis on the short to…
How will COVID-19 change the GCC small business landscape?
We look at three aspects of the COVID-19 crisis that impact SMEs. Salesforce recently published the fourth edition of…
Banks could lose up to $4.7trln in cumulative revenues due to COVID-19
Banks around the world could incur cumulative revenue losses of up to $4.7 trillion between 2020 and 2024, as the…
Bahrain puts off new taxes, weighs longer relief
Bahrain could extend the duration of support measures to help businesses cope with the impact of the coronavirus after deploying…
Family businesses surprisingly positive in the wake of Covid-19
Family businesses in the Middle East have turned their attention to life beyond Covid-19, signaling a “surprising” level of optimism…
Saudi Central Bank governor says some stimulus packages maintained amid uncertainty
Dr. Ahmed Alkholifey, Governor of the Saudi Central Bank (SAMA) lauded the stability of the Kingdom’s financial sector in face…
Pandemic squeezes UAE bank results – but it could be worse
A loan deferment program and extensive central bank support have supported earnings at the United Arab Emirates' top banks, although…
Abu Dhabi’s $230 Billion Man Bet the World Would Overcome Covid-19
At the end of March the man who controls a $230 billion Abu Dhabi sovereign-wealth fund dialed up some of…