Talat Zaki Hafiz

Talat Zaki Hafiz is an economist and financial analyst. Twitter: @TalatHafiz

Latest published

IEA needs a balanced approach to achieve net zero by 2050

A recent report released by the International Energy Agency outlining its strategy to achieve net zero by 2050 has sparked a heated debate around the world.

August 29, 2023

Are cryptocurrencies driving further money laundering?

Money laundering has been creating a chronic headache to global economies, as illegal business activities and trading usually occur outside the normal range of economic and financial statistics.

August 10, 2022

Combating financial fraud is a shared responsibility

Technology is a double-edged sword since it facilitates our lives and allows skilled fraudsters to commit financial fraud.

Professional fraudsters use the latest technologies to hone their skills, using inexpensive and readily available devices to commit financial fraud.

July 22, 2022

Would Biden’s Saudi visit clear the decks for a renewed relationship?

Since President Joe Biden assumed office, the United States’ relationship with Saudi Arabia has been in a downward spiral due to political and economic differences between the two countries.

July 16, 2022

Is cryptocurrency’s nosedive the beginning of its collapse?

Bitcoin has plunged more than 52 percent this year, as it presently trades below $21,000. According to CoinDesk data, Bitcoin lost its bounce to drop below $20,000 before regaining ground.

July 12, 2022

How secure are Saudi banks? The answer lies in their performance

Although two years have passed since the outbreak of the COVID-19 pandemic, the global economy is still suffering from its repercussions despite the international efforts made to contain it.

June 18, 2022

Davos 2022 lauds Saudi economy, but Kingdom must push ahead with reforms

Despite the tough two years that the global economy has gone through — due to the COVID-19 pandemic, the Russia-Ukraine conflict and unprecedented inflation rate hikes — the Saudi Arabian economy has stood firm.

June 07, 2022

Open banking promises new era of financial innovation

It was not long ago when we all used to think about the safety of our checkbooks and that our signature should match exactly with the authorized version submitted to the bank when opening an account.

December 21, 2021

GCC federation is the only way to meet economic challenges

Given the unprecedented political and economic challenges facing the Gulf Cooperation Council, member states have no choice but to move beyond cooperation and push for economic federation.

December 17, 2021