Money laundering via unlicensed providers up during pandemic – Central Bank
The use of unlicensed money service providers (UMSO) for money laundering (ML) has increased during the COVID-19 pandemic, according to…
Coronavirus
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Market sentiment indicates return to normal as Covid fears subside
- Pandemic mentioned less during quarterly Earnings Calls - Sentiment returns to pre-Covid levels Corporate sentiment levels in…
Crisis or not: UAE financial wealth continues its growth, says BCG
Despite the pandemic’s enduring financial impact, global prosperity and wealth continued to grow throughout the crisis, both globally as well…
Lingering pandemic woes hamper MENA recovery: S&P report
The MENA-6: Egypt, Morocco, Qatar, Saudi Arabia, Tunisia and the United Arab Emirates, are still operating in the shadow of…
Common Warning Signs of an Impending Company Insolvency in UAE
The recent COVID-19 pandemic triggered a major economic downturn, with bankruptcies rising while healthy companies are finding themselves faced with…
Middle East's wealthy investors are focusing on tech, energy and financials, says Pictet
The COVID-19 pandemic has caused a shift away from traditional fixed income into assets such as private equity, real estate,…
Feature: Adapting to the pandemic in the Middle East
With ongoing fundamental regulatory changes preceded by an ongoing global pandemic, the advisory community in the Middle East has found…
Gulf businesses learnt value of digitising cash transactions during pandemic and it will do them good
For treasurers and finance managers, COVID-19 has encouraged a shift in financial and operational priorities as they manage the impact…
COVID-19: Saudi consumer loans grow 106 times in year
The value of loans taken in Saudi Arabia in the first and second quarters grew 106 times compared to the…
Supporting MSMEs without putting banks at risk
Saudi Arabia did a great job in shielding micro, small and medium-sized enterprise owners from the negative impact of the…
UAE’s rich see their wealth grow to $600b despite the pandemic
The UAE’s individual financial wealth reached $600 billion in 2020 despite the pandemic impacting the local economy, according Boston Consulting…
Tomorrow’s world of work after Covid-19: United Arab Emirates
Workers in the United Arab Emirates has seem set to benefit from increased flexibility in the post Covid-19 world. …