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 initiativesBharath KumarMarch 5, 2020March 18, 2020 by Bharath KumarMarch 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 2020Bharath KumarMarch 4, 2020March 18, 2020 by Bharath KumarMarch 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
FeaturedFinanceFirst Abu Dhabi Bank sells sterling-denominated bonds worth $584 mnBharath KumarFebruary 13, 2020March 18, 2020 by Bharath KumarFebruary 13, 2020March 18, 2020 FAB’s issuance becomes the Middle East’s largest sterling-denominated bond in ten years... Read more
BankingFeaturedMaybank Islamic launches first overseas branch in DubaiBharath KumarFebruary 13, 2020March 18, 2020 by Bharath KumarFebruary 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
FeaturedHealthcareGCC Healthcare market expected to hit $70 billion this yearBharath KumarJanuary 31, 2020March 18, 2020 by Bharath KumarJanuary 31, 2020March 18, 2020 Currently, GCC is spending just around 50 percent of what mature markets invest on healthcare... Read more
BankingMagazineNovember- December 2019 IssueGCC and trade war: Time for foreign investment in UAE, Saudi banks?Bharath KumarNovember 20, 2019January 9, 2020 by Bharath KumarNovember 20, 2019January 9, 2020 The top banks in the UAE have increased their foreign investment cap while the Saudi markets regulator has also done the same... Read more
MagazineTelecom5G implementation: How the GCC nations leapfrogged the worldBharath KumarNovember 13, 2019April 2, 2020 by Bharath KumarNovember 13, 2019April 2, 2020 The local governments’ willingness to invest in niche technologies helps GCC outdo the rest of the world in 5G deployment... Read more