Emerging capital markets will double their global index share by 2030, with Saudi Arabia expected to emerge as the seventh largest emerging capital market by 2030, says a report.
Saudi Arabia will account for the second largest share of emerging ECM deal fees ($5.5 billion) over
Middle East investment grade companies are facing refinancing needs of about $91 billion from bank and bond debt due to mature over the next four years, according to a recent report.
The Moody’s Investors Service poi
The opening of Saudi Arabia's $530 billion stock market to foreigners will finally put the Middle East on the investor map.
Foreigners will be allowed direct access to the stock market from next year under reforms announced on July 22. This gives investors good reason to pay
Opec and non-Opec oil supply growth will reduce over the next 18 months, a report said, with the average Brent prices for 2014 and 2015 ranging from $106 to $109 and from $103 to $108/bbl, respectively.
In a new forecast, the BofA Merrill Lynch Global Research said it is now revi
Cash-rich Gulf banks are grabbing a growing share of the region's loan market as they cut fees and ease terms, elbowing aside some of the foreign banks which used to dominate lending.
The shift reflects the weakened st
The economist behind a plan to unlock at least $380 billion worth of assets from Egypt's black market says President Abdel Fattah Al-Sisi must first restore another asset that has depreciated over the years: the trust of a wary public.
More than half of consumers globally expect job prospects to be good to excellent in the year ahead, a survey showed on Tuesday.
That helped push global consumer confidence up in the second quarter to its highest since the
The UAE ranked first among the countries of the Middle East in terms of overall performance in the 2014 Global Innovation Index, which was released today.
Switzerland remains the leader worldwide for the fourth consecutive year. The United Kingdom moves up a rank to second place,
A clampdown on state spending was an effort by Yemen's government this month to win public support before its biggest economic reform in years: higher fuel prices. But an angry public may not be won over.
In the capita
Professional job opportunities across the UAE increased by 21 per cent between the first and second quarters of 2014, according to a new survey by global recruitment specialist Morgan McKinley.
Recruitment activity in the professional jobs market increased by 21 per cent from 6,6