The Gulf’s Digital TransformationThe UAE has carefully crafted a position for itself as a hub for digital assets. Can the good times last? Apr 07 26April 07, 2026Article at Global Finance Magazine
Abu Dhabi Power Play: L’Imad Emerges As $300 Billion Sovereign ForceAbu Dhabi consolidates ADQ into L’Imad, creating a $300 billion sovereign powerhouse under the crown prince. Mar 30 26March 30, 2026Article at Global Finance Magazine
Saudi Arabia Turns to Fahad Al-Saif As Vision 2030 Faces Reality CheckSaudi Arabia is fixated on megaprojects, but this may be giving way to more pragmatic initiatives better aligned with investor appetite. Mar 10 26March 10, 2026Article at Global Finance Magazine
Saudi Arabia: Liberalizing The Real Estate MarketStarting January 2026, Saudi Arabia will permit foreigners to buy and own property in designated zones to attract more foreign investment. Aug 20 25August 20, 2025Article at Global Finance Magazine
Talabat Stumbles Despite UAE’s Top 2024 ListingTalabat Stumbles Despite UAE’s Top 2024 Listing | Global Finance Magazine Dec 26 24December 26, 2024Article at Global Finance Magazine
Global Rules, Local Impact: UAE Aligns With OECDGlobal Rules, Local Impact: UAE Aligns With OECD | Global Finance Magazine Dec 26 24December 26, 2024Article at Global Finance Magazine
Lulu IPO Gets Mixed ReceptionLulu IPO Gets Mixed Reception | Global Finance Magazine Dec 05 24December 05, 2024Article at Global Finance Magazine
ADQ To Purchase OdeabankADQ To Purchase Odeabank | Global Finance Magazine Oct 29 24October 29, 2024Article at Global Finance Magazine
UAE: Global Chip Makers Evaluate Building Plants In The GulfSamsung Electronics and Taiwan Semiconductor Manufacturing Company (TSMC) have held talks with United Arab Emirates (UAE) officials that could see the semiconductor behemoths establish plants in the swashbuckling Persian Gulf state reportedly worth… Oct 06 24October 06, 2024Article at Global Finance Magazine
Egypt: United Bank Stake For SaleEgypt’s government plans to sell a stake in United Bank via an initial public offering (IPO) during the first quarter of 2025. The move comes as Egypt pushes ahead with its privatization program under reforms backed by the International Monetary Fund… Oct 06 24October 06, 2024Article at Global Finance Magazine
Kuwait: Boubyan, Gulf In Merger TalksKuwait lenders Boubyan Bank and Gulf Bank—the emirate’s third- and fifth-largest banks—have disclosed they are in preliminary talks that may lead to a merger. If the merger goes ahead, it will create an Islamic bank with assets of around $53 billion… Sep 04 24September 04, 2024Article at Global Finance Magazine
GCC Banking’s New Techno-FrontierHome Features GCC Banking’s New Techno-Frontier Features Generative AI could help the Gulf’s traditional banks wrest the competitive advantage back from challenger and neobanks. While artificial intelligence was already promising profound changes in… Jul 29 24July 29, 2024Article at Global Finance Magazine
GCC Banks Face The Urge To MergeWill Fed rate cuts and geopolitics fuel more M&A deals by GCC banks? Another year, another bumper crop of profits. Banks in the six-member Gulf Cooperation Council (GCC) are set to reap further gains as higher oil prices, increased public-sector… Jul 29 24July 29, 2024Article at Global Finance Magazine
First Income Tax In GCC Approved By Oman’s ParliamentOman is on course to become the first Gulf Cooperation Council (GCC) state to introduce a personal income tax as the sultanate ramps up efforts to boost revenue and diversify its economy away from hydrocarbons. The draft law, approved by Oman’s… Jul 25 24July 25, 2024Article at Global Finance Magazine
Bahrain: Looking For Buy-InBahrain has big plans for development, and investors are interested. But its geographic position is both a blessing and a curse. Bahrain was once favored to be the leading financial center of the six-member Gulf Cooperation Council (GCC). Dubai has… Apr 04 24April 04, 2024Article at Global Finance Magazine
Saudi Bourse Swoops In On Dubai ExchangeRiyadh wants to bolster its position in global commodities markets. Saudi Tadawul Group, which runs Saudi Arabia’s main stock exchange, is set to buy a 32.6% stake in the Dubai Mercantile Exchange (DME). The agreement will see Saudi Tadawul acquire a… Feb 06 24February 06, 2024Article at Global Finance Magazine
Emirates Airplane-Buying SpreeEmirates Airlines and flyDubai delivered a boost to Boeing’s order book during the recent Dubai Airshow, booking 125 wide-body jets in a $50-billion deal. It sends a signal to regional rivals that Dubai intends to maintain its leadership position in… Dec 06 23December 06, 2023Article at Global Finance Magazine
GCC: Wealth Management BoomCan GCC banks capitalize on the rise of asset management? The panorama of private wealth across the Middle East, Africa and South Asia is vast—$8 trillion, according to data from the Dubai International Financial Centre (DIFC). The wealth management… Jul 24 23July 24, 2023Article at Global Finance Magazine
GCC: An Oases Of Calm, For NowAs the Ukrainian conflict blows up, the GCC economies hit the jackpot. As global financial institutions continue to eye US markets nervously, banks in the six-member Gulf Cooperation Council (GCC) are proving resilient compared to their US and… Jul 24 23July 24, 2023Article at Global Finance Magazine
Bahrain: Chasing Crypto GoldBahrain goes all in to be the Gulf’s crypto hub. The Kingdom of Bahrain, Dubai and the emirate of Abu Dhabi are locked in a three-way race to become the Gulf’s go-to cryptocurrency hub, as distributed ledger and blockchain technology become… Apr 02 23April 02, 2023Article at Global Finance Magazine