News

Open banking represents a transformative shift in the financial services industry, allowing third-party providers to access consumer financial data securely through application programming interfaces ...
Kuwait’s upstream oil activities and crude oil exports are the central pillars of the country’s economy. In recent years the government has embarked upon an economic diversification drive to reduce ...
Bahrain has established itself as a global financial services destination, with the financial sector being the largest contributor to the economy, accounting for 17.8% of GDP in 2023. The kingdom’s ...
Amid growing global challenges, Saudi Arabia has emerged as a leader in environmental protection through the adoption of ambitious laws and policies. Vision 2030 serves as a pioneering roadmap for ...
In 2022 Ghana’s government sought financial and technical assistance from the IMF to strengthen the economy. This decision was taken after several debates about whether the country needed support from ...
In December 2020 Ghanaians went to the polls to elect a president and members of Parliament. The incumbent head of state and leader of the ruling New Patriotic Party (NPP), President Nana AkufoAddo, ...
In addition to being a major source of foreign exchange, the agriculture sector accounts for a significant portion of the country’s employment, as an estimated 75% of the rural population worked in ...
Regulatory changes: David Walker, Partner, ASAR Legal, on the impact of new laws on the operations of foreign and local companies Interview: David Walker, Partner, ASAR Legal What are the legal ...
Kuwait’s education landscape is poised for notable change as the sector awaits the publication of a new national education development plan designed to align learning outcomes with the evolving needs ...
The retail sector in Kuwait, as part of one of the world’s most prosperous societies, has achieved rapid growth in recent years, with retailers benefitting from strong economic fundamentals, evolving ...
Fiscal sustainability measures are bearing fruit, with the kingdom posting its largest current account surplus in decades in 2022, at 15.4% of GDP, resulting from a 52% increase in government revenue.