Economy MagazineWhen will the GCC economy fully recover?WebAdminDecember 15, 2020January 8, 2021 by WebAdminDecember 15, 2020January 8, 2021 Recovery is expected to be gradual, especially with downside pressures due to tax hikes, spending cuts and weak oil prices... Read more
coverstory MagazineWhat the pandemic means for Saudi banksWebAdminJuly 22, 2020July 23, 2020 by WebAdminJuly 22, 2020July 23, 2020 SAMA has injected $13.3 billion capital into the banking industry in the wake of economic challenges... Read more
Featured Oil & GasMiddle East energy investments to see sharp decline to $792 bnInternational Finance Business DeskJune 16, 2020June 16, 2020 by International Finance Business DeskJune 16, 2020June 16, 2020 Thee sector will see a $173 mn decline during the period between 2020 and 2024... Read more
Economy FeaturedGCC nations to face the worst economic crisis in history, warns IIFPritam BordoloiJune 2, 2020 by Pritam BordoloiJune 2, 2020 GDP of GCC nations to contract 4.4% this year... Read more
Featured FinanceAbu Dhabi Securities Exchange starts $7 bn bond listingInternational Finance Business DeskMay 7, 2020May 7, 2020 by International Finance Business DeskMay 7, 2020May 7, 2020 Currently, the GCC's debt markets are demonstrating more resilience compared to other asset classes... Read more
Banking FeaturedEmirates NBD reduces transaction fees in line with the UAE’s coronavirus initiativesInternational FinanceMarch 5, 2020March 18, 2020 by International FinanceMarch 5, 2020March 18, 2020 These measures are being implemented to mitigate economic impact caused by the coronavirus epidemic... Read more
Featured Real EstateGCC real estate investments reach $1 trillion by early 2020International FinanceMarch 4, 2020March 18, 2020 by International FinanceMarch 4, 2020March 18, 2020 The region’s real estate market is expected to rebound in 2020 or 2021... Read more
Featured TradingGCC: IPOs in Q42019 raises $26 bnPritam BordoloiFebruary 19, 2020February 19, 2020 by Pritam BordoloiFebruary 19, 2020February 19, 2020 Saudi Aramco’s IPO alone raised around $25.6 bn... Read more
Featured FinanceFirst Abu Dhabi Bank sells sterling-denominated bonds worth $584 mnInternational FinanceFebruary 13, 2020March 18, 2020 by International FinanceFebruary 13, 2020March 18, 2020 FAB’s issuance becomes the Middle East’s largest sterling-denominated bond in ten years... Read more
Banking FeaturedMaybank Islamic launches first overseas branch in DubaiInternational FinanceFebruary 13, 2020March 18, 2020 by International FinanceFebruary 13, 2020March 18, 2020 The bank’s Dubai branch will focus on wholesale banking which includes corporate financing, treasury, capital markets and trade finance... Read more