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Exclusive: Saudi banks may suspend dividend payouts for H1 2020
On Sunday, rumors were rife in the market that bank dividends would be withheld on a directive from SAMA
Declining remittances due to COVID-19 bad for credit profiles of recipient countries
Global remittance inflows, which reached an all-time high of $554bln in 2019, will drop by approximately 20% this year - World Bank
GCC corporates to focus on preservation rather than growth: S&P
Key priorities include cost optimization, managing liquidity, and cash flow preservation
Most GCC stock markets gain in July on rising oil prices, easing lockdown
The S&P GCC composite index surged 1.7% during the month

Private investors look to Saudi healthcare sector for high profits
"The government is keen to invest in and improve policies related to the sector, strengthening the legal and regulatory framework that would make it attractive for investors," Makarem Sobhi Batterjee, President, Saudi German Hospitals Group, told Zawya
Dubai home sales plunge; job cuts, expat repatriation to hurt market
As of June, property sales already down more than half, says ValuStrat

Abu Dhabi's NMC Health secures $250mln bank funding
NMC Health comes up with three-year business plan with a focused strategy that will deliver continued growth in its core UAE business
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