Saudi private sector rebounds with growth at 10-month high
Business activity in Saudi Arabia has risen to its highest level since January this year, showing the Kingdom’s economy is…
Coronavirus
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‘The worst is behind us’: Saudi Aramco CEO
The oil industry is recovering from the impact of the coronavirus pandemic and “the worst is behind us,” Saudi Aramco’s…
Digitisation wave set to continue in UAE banking
Covid-19 and the resulting lockdowns and social distancing measures have spurred rapid adoption of digital banking — a trend that…
Gulf banks take lead role in companies’ bailouts
As coronavirus swept the world, governments injected money into direct financial support for workers and businesses. But Gulf states were…
Islamic banks urged to push digital services as UAE demand dips
Islamic banks in the UAE are being urged to double up on their digital transformation plans as the demand for…
New Research: Over 40% of Companies in MENA Facing Regulatory Investigations Due to Poor Integration of Technology
A landmark survey of more than 1500 compliance leaders around the world including 300 in the Middle East and North…
Bahrain awards US $2.7 billion worth of contracts in first nine months of 2020
Continued high value of tenders in the construction sector indicative of Government focus on multi-billion dollar infrastructure project pipeline …
Outlook 2021: Challenging outlook offers varied picture for GCC banks
As we are heading towards the end of a whirlwind year, GCC banks still have a long way to go…
Egypt’s central bank issues LE 21B on T-bills Thursday
The T-bills will be offered in two installments; the first installment is valued at LE 9 billion with a 182-day…
Turkey’s economy expected to grow 4.8% year-on-year in Q3
Turkey’s economy is expected to have grown 4.8% year-on-year in the third quarter of 2020, as expectations turned positive after…
Economic boost tipped after UAE company ‘game-changer’
Radical changes to corporate ownership and investment laws could provide a significant boost to the UAE as it seeks to…
Infibeam eyes lion’s share of e-commerce payments in Oman; to process transactions for its biggest bank
Online (channel) is growing fast in that (Oman) market even as post-Covid online transactions across the world have picked up.…