The coronavirus (nCoV) outbreak might spill over to impact oil demand with OPEC (Organization of the Petroleum Exporting Countries) and its allies mulling another 500,00 barrels...
Dubai Tourism and Dubai Land Department have joined hands to promote Dubai’s real estate and tourism sectors. Both entities signed a Memorandum of Understanding (MoU) as...
(Bloomberg) –Policy makers from around the world are hoping America’s freshly inked trade agreements will help spark an improvement in the global economy this year after...
Oman’s economy is expected to grow at a faster pace in 2020, partly on the back of lower interest rates and a more supportive business climate...
Bahrain’s economy grew by 1.6% in the third quarter of 2019, led by non-oil sector growth. The sector grew by 2% year-on-year (YoY), said the Ministry of...
(Bloomberg) –Would you give up Facebook for one month in exchange for $50? The question, posed by MIT’s Erik Brynjolfsson and four co-authors of a new...
Cost of funds in the banking sector will remain a key focus in 2020 as banks compete for a lower cost and a more diversified funding...
(Bloomberg) –Saudi Arabia’s economy shrank 0.5% in the third quarter, a contraction that was broadly expected even as the kingdom’s goal of weaning itself off crude...
The Middle East economy is expected to recover in 2020 following a year of slow growth in 2019. Oil will continue to be the dominant driver...
(Bloomberg) –Turkish authorities have extended their campaign against perceived political enemies into the $750 billion financial industry. Eleven former senior executives of non-state banks told Bloomberg...
