The fall of Lebanon’s banking fortress
Even though the new law is quite accommodating, the banks in Lebanon are opposing it and using the media to disparage the legislation...
Tag : Gulf
Boost for Saudi’s wealth management sector as Goldman Sachs sets up division in Kingdom
Goldman Sachs Private Wealth Management division is primarily focused on creating customised personalised management strategies for ultra-high net worth individuals...
Will global trade be impacted by Middle East crisis?
The Middle East crisis threatens to disrupt supply chains and affect the availability of goods, which, in turn, leads to price volatility in the concerned markets...
Arab-China trade surges to USD 400 billion, urban development to see Beijing cooperation
The ongoing collaboration between China and Arab countries, particularly in the housing and construction sectors, reflects the growing strength and scope of the BRI’s global ambitions...
Saudi Arabia insurance sector set to see more M&As: Moody’s
The GCC insurance market is still fragmented, with about 190 competing insurance companies sharing a premium of almost USD 40 billion...
S&P, FTSE reports bring cheers for UAE as Islamic Finance witnesses further growth
Dr. Mohamed Damak stated that S&P expects the Islamic Finance sector to grow at a high single-digit rate through 2024 and 2025, fuelled by financing needs in key countries...
Saudi Arabia & Oman to enhance trade partnership
Trade between Oman and Saudi Arabia was worth SR 22.5 billion, while Saudi exports to Oman totalled SR 36.8 billion...
UAE mandates private firms to reserve board seats for women
by WebAdmin
The UAE government portal states that women are disproportionately represented in the labour market, in specialised professions, and in emerging fields...
If oil stabilises below USD 70, what will it mean for Gulf markets?
Because oil is a significant export, there is still some correlation between oil prices and stock markets in the Gulf region...
Most Gulf-based business leaders confident of growth despite challenges
Most Gulf decision-makers are optimistic about the region's long-term prospects and believe it will establish itself as a significant hub for international business within the next 25 years...