CGI Gulf Insights of the week-Feb-8 (269)

ByCGI Gulf Insights of the week
Monday, 08 February 2021
Published inFebruary 2021

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February 2021

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Issue No: 256

Country Risk Update - Bahrain

Risk Indicator - DB5d

Risk Level - High

Ratings Trend - Deteriorating

The short-term economic outlook is improving as oil prices rebound and the rollout of coronavirus vaccines boosts tourism and domestic demand. Saudi Arabia's strong support for Bahrain provides a backstop to the economy. + A giant oil and gas find off the west coast offers the promise of vast wealth if it proves commercially viable to extract.

MARKET OVERVIEW

UAE entrepreneurs shift focus online to attract more customers after Covid blow

(source:Arabian Business)

More than a third of entrepreneurs in the UAE have increased their digital marketing activities to attract more customers as they look to adapt to changing business needs during the coronavirus pandemic.

US stimulus talks, strong earnings to keep stocks up this week

(source: Gulf News)

Investors have plenty to focus on in the week ahead, but analysts view the most important of them all is the US fiscal stimulus package, which is expected to make headway in the coming week...

Non-financial businesses urged to register on anti-money laundering platforms

(source: The National)

The UAE’s Ministry of Economy reiterated the need for non-financial businesses in the UAE to register on goAML, an anti-money laundering platform developed by the United Nations. This includes brokers and real estate agents, dealers of precious metals and precious stones, auditors and corporate ...

Earnings push Gulf markets higher as Saudi extends gains

(source: Gulf News)

Saudi Arabia's stocks continued their rebound on Sunday with a host of strong earnings drawing in investors, while most of other Gulf markets also traded higher as the earnings began to gather pace Saudi Arabia's benchmark index rose 0.8 per cent to 8,689 points...

COMMODITY & STOCK MARKET UPDATE

Commodity Update

(source: Nasdaq)

The weekly commodity update from Nasdaq

Stock Market Update

(source: Mubasher)

The weekly stock market update from Mubasher

CRIF D&B WORLD

5 Hurdles to Overcome on your Master Data Journey

(source: Dun & Bradstreet)

Our Data Advisory Services experts have helped leading companies implement masterdata initiatives from the ground up. Now they'll share their top tips with you!.....