EconomyFeaturedGCC to see a GDP growth of 2.5% during 2021-23: S&PPritam BordoloiMarch 17, 2021 by Pritam BordoloiMarch 17, 2021 S&P predicts average Brent oil price of $60 in 2021 and 2022 and $55 in 2023... Read more
FeaturedIslamic BankingNCB to raise more funds through dollar-denominated sukukPritam BordoloiJanuary 18, 2021 by Pritam BordoloiJanuary 18, 2021 NCB said that the number and value of any sukuk to be offered will be determined based on market conditions... Read more
EconomyMagazineWhen 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
coverstoryMagazineWhat 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
FeaturedOil & 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
EconomyFeaturedGCC 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
FeaturedFinanceAbu 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
BankingFeaturedEmirates 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
FeaturedReal 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
FeaturedTradingGCC: 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