Saudi Arabia Triples VAT to Counter Economic Impact of Coronavirus
Saudi Arabia will increase its value-added tax, VAT, from 5 to 15 percent in July, the Finance Ministry said on Monday, as part of...
How Will Asset Management Be Affected by Covid-19 Crisis?
The Covid-19 pandemic is like nothing any of us has ever experienced. The crisis will undoubtedly have far-reaching implications for people, businesses and society...
Recovery in Oil Prices Positive Catalyst for Regional Markets
Global equities performed positively during the week as investors are encouraged by synchronized policy responses by leading Central Banks, and gradual reopening of the...
If You Can’t Make Mortgage Payments, Here Is a Few Steps...
When you initially signed your mortgage contract in Dubai, you have been advised by your banker to run the numbers and make sure you...
Covid-19 Impact on Emerging Market Debt
Covid-19 has rapidly become an economic shock for the global economy. Initially rocking China, global economic expectations changed dramatically in early March, and have...
MEA Retail Banks Strongest Believers in Cashless Society
Middle East and Africa (MEA) retail banks believe delaying digitalization poses genuine threats to their business models
6 in 10 banking executives in the Middle...
V-shaped Economic Revival, Fuelled by FOMO
The Fear Of Missing Out (FOMO) is likely to drive financial markets significantly higher in the coming weeks.
The prediction from Nigel Green of deVere...
Reopening of Global Economies, COVID-19 Developments to Influence Trading Activity
Global equity markets rebounded during the week, with the exception of the US markets. Sentiments were boosted by positive developments in the COVID-19 pandemic...
Bitcoin’s Coming of Age? May’s Historic Halving Taking Place in a...
The Bitcoin price will hit ‘at least $10,000’ even before the four-yearly ‘halving’ event taking place in two weeks, predicts the CEO of one...
Over-action or Inaction – Both Could Hit Your Wealth
Stress in the financial markets is prompting a growing number of people to make extreme investment decisions that could ultimately hit their wealth, warns...
Dubai Financial Market Officially Launches Dubai Clear, Dubai CSD
The Dubai Financial Market (DFM) (PJSC) today officially launched its new subsidiaries, Dubai Clear (L.L.C.) and Dubai CSD (L.L.C.). Dubai Clear is the region’s...
Progress on The Fight against COVID-19 to Drive Investors Sentiments
Global equity markets performed negatively during the week as a sharp decline in oil prices and Q1 2020 earnings weighed on investor sentiments. The...
ESG Makeover for Investment Industry
The COVID-19 pandemic has heightened our expectations of environment, social and governance (ESG) investing across the globe. Although it has been a mainstream topic...
Deadline to Submit VAT Returns Extended to May 28: Federal Tax...
The Federal Tax Authority (FTA) has issued a directive, on an exceptional basis, extending to 28 May 2020 the deadline of submitting VAT returns...
Number of Bitcoin ATMs Up 70% in a Year, Hit Over...
Recent years have witnessed an impressive growth of the cryptocurrency market, followed by a surge in the number of people trading with bitcoin, as...
Regional Trading to Depend on Oil Prices Developments
Global equity markets recorded their second consecutive week of gains as investors seem to be encouraged with the progress made towards containing the coronavirus....
Other Major Headwinds – Not Just Coronavirus – Could Hit Your...
To protect and grow wealth, investors need to carefully monitor other major factors – not just coronavirus.
The warning from deVere Group’s Nigel Green follows...
Regional Equity Markets To Remain Under Pressure
Global equity markets performed positively during the week as investors were encouraged by the progress and continued support from the Central Banks. Investors preferred...