When will the GCC economy fully recover?
Recovery is expected to be gradual, especially with downside pressures due to tax hikes, spending cuts and weak oil prices...
Tag : GCC
What the pandemic means for Saudi banks
by WebAdmin
SAMA has injected $13.3 billion capital into the banking industry in the wake of economic challenges...
Middle East energy investments to see sharp decline to $792 bn
Thee sector will see a $173 mn decline during the period between 2020 and 2024...
GCC nations to face the worst economic crisis in history, warns IIF
GDP of GCC nations to contract 4.4% this year...
Abu Dhabi Securities Exchange starts $7 bn bond listing
Currently, the GCC's debt markets are demonstrating more resilience compared to other asset classes...
Emirates NBD reduces transaction fees in line with the UAE’s coronavirus initiatives
These measures are being implemented to mitigate economic impact caused by the coronavirus epidemic...
GCC real estate investments reach $1 trillion by early 2020
The region’s real estate market is expected to rebound in 2020 or 2021...
GCC: IPOs in Q42019 raises $26 bn
Saudi Aramco’s IPO alone raised around $25.6 bn...
First Abu Dhabi Bank sells sterling-denominated bonds worth $584 mn
FAB’s issuance becomes the Middle East’s largest sterling-denominated bond in ten years...
Maybank Islamic launches first overseas branch in Dubai
The bank’s Dubai branch will focus on wholesale banking which includes corporate financing, treasury, capital markets and trade finance...