Economics, Policy & Regulation
OPEC Struggling To Remain Relevant
The once-mighty cartel is strugglingin the face of weak demand, a concerted push toward renewable energy and the market-pummeling impact of the Covid-19 pandemic.
Author: Mark Townsend
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News
Historic Israel-UAE Deal Promises To Boost Commerce
Israel’s Economy Ministry calculates that the normalization of ties could increase exports to the UAE to US$300 million to $500 million annually while according to Moody’s Investors Services, UAE investments in Israel could reach US$350 million a year.
Technology
Indonesian Wealth Management Shake-Up
Akulaku's ambitions are not limited to the Indonesian market it dominates.
Data
Uncertain Future For GCC SMEs
Outdated lending practices and a structural focus on government-related enterprises are keeping banks from backing the region’s beleaguered smaller companies.
Economics, Policy & Regulation
A Bankrupt Fintech’s Big Sponsor
German fintech Wirecard collapses amid fraud allegations.
Economics, Policy & Regulation
Iraq’s New Prime Minister Under Scrutiny
The new prime minister’s resolve to tackle runaway government salaries faces an early test.
News
Saudi Arabia: Austerity Drive Kicks In
Economic reforms are hampered by worries they might undo the tacit cradle-to-grave social compact between the monarchy and Saudi citizens that provides a safety net in return for political stability.
Capital Raising & Corporate Finance
Softbank Shocks With $13 Billion Loss
In an announcement on April 13, SoftBank cited a “deteriorating market environment” as the explanation for the abysmal results at its $100 billion Vision Fund.
News
Canceled Global Gatherings Take Economic Toll
The postponing of major global events such as Dubai’s Expo 2020 and this year’s Tokyo Olympic Games will hit host economies hard.
Features
Jordan At A Crossroads
A new IMF funding package and anticipated economic reforms offer a ray of hope for the kingdom’s battered economy.
Features
New Sultan Faces Early Test
A sluggish economy, high debt burden and tensions among its neighbors challenge the new leader’s ambitious development plans.
Capital Raising & Corporate Finance
Oil Producers Battle For Market Share
Russia and Saudi Arabia are boosting oil output at a time of falling demand.