Smart robotics can transform Middle East’s $17bn supply chain
This pandemic period has made it apparent that being reliant on a few countries for production means that when the…
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Sukuk Market Developing Fastest in Saudi Arabia
A government sukuk program has spurred greater corporate issuance in Saudi Arabia. Launched in 2017 with the aim to…
Emerging Markets in Search of a Fresh Impetus
EM equities and bonds have stalled in recent day Recovery prospects for some EMs have been dimmed by poor virus…
Sustainable investing gains momentum in wake of Covid-19
A vast majority of regional investors have become interested in sustainable investing in the wake of the Covid-19 pandemic, according…
Siraj Holding completes deal for Al Hilal Bank's Islamic insurance business
Private investment firm, Siraj Holding, has officially acquired Al Hilal Takaful, the Islamic insurance business and operations of Al Hilal…
UAE’s personal wealth shoots past $400 billion mark
Personal wealth held by UAE residents surged to $400 billion between 2014 and 2019, with 48.5 per cent of it…
COVID-19 will result in a permanent increase in compliance risk
New research report Today we release our "COVID-19: Compliance Risk Survey 2020" report, following a survey of Board directors and…
Emirates Islamic Bank nets Dh12m as first-half 2020 profit
Emirates Islamic, part of Emirates NBD Group, reported net profits of Dh12 million for the first-half of 2020, attributing the…
Emirates NBD reports Dh4.1b first-half 2020 net profit, down 45% year-on-year
Emirates NBD has reported Dh4.1 billion as net profit for the first six months of 2020, down 45 per cent…
Saudi Real Estate Refinance Co signs 3 billion riyals deal with pension agency
Saudi Real Estate Refinance Co (SRC), the Saudi equivalent of U.S. mortgage finance business Fannie Mae, said on Sunday it…
Exclusive: Kuwait scrambles to boost coffers with up to $16 billion debt plan
Kuwait plans to issue between 4 billion and 5 billion dinars ($13 billion to $16 billion) in public debt by…
BNY Mellon Secures Custody Licence from Saudi Arabia’s CMA
The Capital Market Authority (CMA) recently announced that it has come to the resolution to authorise BNY Mellon Saudi Financial…