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Country Report

UAE property market prepared for correction-S&P

Standard & Poor’s expects a 10%-20% correction in Dubai residential real estate prices

Saudis feel pinch of wedding debt

High dowry and wedding costs have made settling down a very expensive affair.

Morocco reins in cross-border bank expansion

Regulators are encouraging Moroccan banks to consolidate cross-border deals.

Egyptian banks ready for mega projects

Flush with liquidity, local lenders are eyeing large projects planned in Egypt.

Saudi land tax to drive down house prices

The tax is expected to make more land available in the Saudi real estate market, analysts said.