Category: Banking & Financial Services
Middle East Banking & Financial Services
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Macro - Country Economic Forecasts - Israel
... will be key for Israel's economic recovery as we maintain our call that the war will end in H1. Consumption, which is set to grow at 4.6% next year, remains the driving force of the ... Read More
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Macro - Country Economic Forecasts - United Arab Emirates
... delayed, likely starting in Q3 2025. The adjustment comes amid an oil price dip, fuelled by expectations of supply surpluses and China’s slow recovery, despite stimulus efforts. Oil production figures for November reflect this trend, ... Read More
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Macro - Country Economic Forecasts - Qatar
... We remain confident the non-energy sectors will remain the main driver of growth next year and project 2.7% expansion. Recent surveys show demand momentum is supportive of business activity as 2024 draws to a close. Read More
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Macro - Country Economic Forecasts - Saudi Arabia
... create favourable conditions for higher investment and consumption in 2025. Overall, we project non-oil GDP growth of 5.8% in 2025, after an estimated 4.5% expansion this year. We expect overall GDP growth will reach 3.9% ... Read More
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Macro - Country Economic Forecasts - Kuwait
... delay unwinding cuts until at least the end of Q1, due to concerns over weak demand. We think OPEC+ will extend until Q3 2025 and maintain our oil price forecast at an average of $72.6pb ... Read More
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Macro - Country Economic Forecasts - Cyprus
... Cyprus We anticipate Cyprus' GDP growth slowing moderately to 2.7% in 2025, but still significantly above the rest of eurozone. Solid surveys, record-setting tourism numbers, and a strengthening labour market all point toward sustained growth. Read More
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Economy of Saudi Arabia 2025
... at the underlying economic and social data over several decades which reveal considerable progress but also distortions related to the low participation rates of the indigenous population in the workforce compared to migrant labour. The ... Read More
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Pre-Paid Cards in Saudi Arabia
... protecting wages from delays or disputes associated with cash payments. These cards offer employees the flexibility to withdraw their salaries via ATMs or use them for purchases at POS terminals through the mada network, the ... Read More
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Debit Cards in Saudi Arabia
... as the absence of interest charges, more accessible approval processes, and fewer income-based requirements. These features make debit cards more appealing to a wide range of consumers, especially in a time of economic uncertainty. Euromonitor ... Read More
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Consumer Credit in Saudi Arabia
... the overall lending market, they are projected to rise considerably due to several key factors. One major driver is the Kingdom's Vision 2030 initiative, which emphasises the importance of a highly educated and skilled workforce. ... Read More
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Charge Cards in Saudi Arabia
... not come with a pre-set spending limit, meaning users can access the funds they need even if that amount fluctuates significantly from month to month. This flexibility allows charge cardholders to better manage their purchasing ... Read More
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Credit Cards in Saudi Arabia
... aimed at introducing innovative credit card offerings and advanced payment solutions across the Kingdom. A key example is Mastercard’s collaboration with the digital payments technology company Loop. This partnership includes issuing Bank Identification Numbers (BINs) ... Read More
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Financial Cards and Payments in Saudi Arabia
... payments is a direct result of the Saudi government's push towards a cashless society, encouraging consumers to transition from cash to electronic payment solutions. While cash has traditionally been the preferred payment method in Saudi ... Read More
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UAE Wealth Management: Market Sizing and Opportunities to 2028
... bonds. The UAE wealth management market has experienced robust growth, driven by rising asset values and an increase in affluent individuals seeking professional investment advice. Moreover, there has been a significant uptick in the adoption ... Read More
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Macro - Country Economic Forecasts - Syrian Arab Republic
... 1.8% y/y contraction. The downward revision reflects inflation rates that continue to soar above expectations, persistent currency depreciation, spillovers from the wider regional conflict, and the regime's limited capacity to implement effective countermeasures to these. Read More
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Charge Cards in the United Arab Emirates
... Express Platinum Card, renowned for its elite status and exclusivity in Dubai, requiring substantial capital or a high income for qualification. Similarly, the JP Morgan Chase Reserve Card is also recognised as an elite charge ... Read More
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Consumer Credit in the United Arab Emirates
... six months to assist residents and businesses impacted by historic floods. This deferral applied to personal and auto lending and featured no additional fees, interest, or increases to the principal amount. Euromonitor International's Consumer Credit ... Read More
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Credit Cards in the United Arab Emirates
... Arab Emirates, economic growth is currently driven by capital investment, technological progress, and a pro-business environment. These factors create a robust foundation for consumer spending and economic expansion. Euromonitor International's Credit Card Transactions in United ... Read More
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Financial Cards and Payments in the United Arab Emirates
... of new players, and a supportive regulatory environment. The Central Bank of the UAE has played a pivotal role in fostering the growth of digital payments, introducing initiatives such as the Wage Protection System and ... Read More
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Debit Cards in the United Arab Emirates
... growth and value transactions. The robust economy of the United Arab Emirates continues to attract foreign investment and create job opportunities, leading to an influx of skilled professionals and workers. In 2024, the United Arab ... Read More
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Pre-Paid Cards in the United Arab Emirates
... along with a greater uptake of closed loop (mainly driven by transportation cards and parking and toll cards) and open loop (dominated by payroll cards). The category is supported by the further expansion of the ... Read More
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Israel Cards and Payments: Opportunities and Risks to 2028
... provides values and volumes for a number of key performance indicators in the industry, including card, cash, credit transfer, and cheques during the review-period (2020-24e). The report also analyzes various payment card markets operating in ... Read More
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Macro - Country Economic Forecasts - Yemen, Rep
... in Red Sea shipping lines that connect Yemen's key ports. Plus, with households dedicating 65% of their incomes to food, we think recent flooding in agricultural regions will heavily reduce private consumption. Houthi captures of ... Read More
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Macroeconomic Outlook Report: Iran
... sectors are forecast to grow by 39.6%, 38.7%, and 40.4%, respectively, in 2024. Tehran generated around 27.3% of Iran’s GDP and was home to 16.7% of the country’s population as of 2023, according to the ... Read More
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Syria In-depth PEST Insights
... analysis.Synopsis Understand the political system in Syria through analysis of key figures in the country and governance indicators. Understand the economic situation in Syria through a balanced assessment of core macroeconomic issues. Understand customer demographics ... Read More
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