Oil State Fund Invests In Technology

Oil State Fund Invests In Technology

Saudi Arabia's Public Investment Fund (PIF), which is expected to exceed $2 trillion in 2018, is slated to play a major role in diversifying the Saudi economy, with big investments in a technology, healthcare and other sectors. 

UAE Bank Going Digital-Only

In early 2017 the Commercial Bank of Dubai will launch CBD NOW, the UAE’s first digital-only bank. The new bank is based entirely online and will offer all the services a regular bank does. 

Israel: Focused On The High End

Israel: Focused On The High End

Israel's economy depends on foreign trade, and that presents a challenge under current conditions. Policymakers remain focused on high-tech while keeping an eye on global political developments. 

Qatar Loosens Guest Worker Rules

Qatar Loosens Guest Worker Rules

Qatar plans to spend more than $200 billion on infrastructure projects, including roads, bridges, railways, and ports, and has loosened guest worker sponsor requirements to facilitate recruitment.

World’s Safest Banks 2016: Safest Islamic Banks

Abu Dhabi’s Al Hilal Bank is the safest Islamic bank in the six GCC states, replacing Al Rajhi Bank of Saudi Arabia, which falls to seventh position following downgrades prompted by the downgrading of the Saudi government. Kuwait Finance House ...