Articles
Saudi Arabia increased FDI in 2020 despite pandemic, investment minister says
The kingdom has assessed 400 regulations and revamped about half of these to ease doing business, Khalid Al-Falih says
State Street CEO sees 2021 as the year 'the tide turns' for ESG investment
Amount of sustainable debt issued last year grew 29% to $732.1bn, according to BloombergNEF
Carnival boss 'cautiously optimistic' entire fleet will return to operations this year
The company raised $19bn in debt and equity since the onset of the pandemic
Blackstone group fourth quarter profit surges 62%
Revenue rose 71% in fourth quarter and the firm attracted $32.3bn of capital
Abu Dhabi stock exchange plans to double market cap within three years
ADQ-owned entity expects ten new listings this year as well as the launch of derivatives trading
Hilton chief expects bounceback in second half of 2021
'Light is at the end of the tunnel', CEO Christopher Nassetta says
Digital assets exchange CoinMena secures licence from Central Bank of Bahrain
The exchange is Sharia-compliant, having been certified by the Shariyah Review Bureau
UAE's Central Bank begins work on Insurance Authority merger
Chairman Sheikh Mansour bin Zayed says move is part of a wider plan to create one of the top 10 central banks in the world
Arab Bank reports lower profit as pandemic has 'material impact' on business
Jordan's biggest lender said operating income fell 25% as income from interest and commissions declined
New WEF standards on ESG gaining traction among corporations
More than 60 corporations employing seven million people agree to use new metrics
Unemployment rate among Saudi nationals falls in third quarter
The overall unemployment level dripped 0.5%, but joblessness among women dipped by 1.2%
DIFC's regulator drawing up framework to regulate crypto assets
The DFSA is expected to issue two consultation papers on the proposed rules
Tackling corruption key to Middle East economic growth: IMF
Sustained recovery from the pandemic unlikely 'without strong governance frameworks'
Fewer deals means lower fees for region's bankers in 2020
The overall fees earned by investment banks dropped 12% to $1.2bn, Refinitiv data shows
Bitcoin value slumps below $35,000
The three most actively traded cryptocurrencies all shed 15% of their value in trading on Monday
