Political risk has been alleviated in the short term by the smooth succession of the new emir and crown prince, but succession issues will resurface in the medium term. Business opportunities should increase as the government's national development plan targets a more diverse economy. Resumption of operations in the Divided Zone will boost oil-production capacity (though OPEC quotas will still constrain actual production).
UAE and Qatar have greater fiscal strength in Gulf countries, says Moody’s
The UAE and Qatar have greater fiscal strength than their other GCC peers, thanks to their large sovereign wealth fund (SWF) buffers relative to their fiscal deficits, according to rating agency Moody’s.The COVID-19 related fall...
UAE IPO markets are set for a major upswing this year
(source: Khaleej Times)
The initial public offering (IPO) market in the UAE expects to get a significant fillip in 2021 following the launch of the Nasdaq Dubai Growth Market for small and medium enterprises, market analysts said.Also driving the IPO....
Qatar blockade over as UAE, Saudi, Bahrain and Egypt agree to fully restore ties
(source: Arabian Business)
The United Arab Emirates, Saudi Arabia, Bahrain and Egypt have agreed to fully restore ties with neighbouring Qatar on Tuesday.The four countries signed an accord with Qatar in a mirrored concert hall in the northwestern Saudi town....
Shuaa Capital buys out Dubai-based Stanford Marine Group's Dh1.13 billion debt
(source: Gulf News)
Shuaa Capital on Sunday announced that it has successfully completed a debt buyout of Stanford Marine Group's (SMG) Dh1.13 billion ($308 million) facility, resulting in a successful outcome for all parties involved, including...
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CRIF D&B WORLD
How can businesses bounce back during the pandemic?
(source: Gulf News)
The year 2020 has been particularly chaotic. As Covid-19 spread across the country, professional goals set at the start of the year were thrown out.....
D&B: Worldwide Network by Dun & Bradstreet
(source: Dun & Bradstreet)
The Worldwide Network by Dun & Bradstreet is an unrivalled global partnership of Dun & Bradstreet and the world’s leading business information providers....