09/16/2024
The report added that Qatari banks were primarily financed during the recent period through customer deposits, which accounted for approximately 52% of total assets by the end of June 2024
09/13/2024
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09/12/2024
Growth in operating income (+1.9 percent) mainly on the back of higher net interest income
09/11/2024
EY’s growth in the financial services landscape is driven by an expansive market, on the back of developments such as a growing banking sector
09/06/2024
The rating agency further mentioned that the positive outlook on the long-term deposit ratings suggests that a downgrade in the near term is unlikely.
09/05/2024
The real estate sector was the main driver for the rise in private sector loans in July.
09/03/2024
The Algerian Ministry of Finance considers this a momentous move after a year has passed since the application for membership was submitted
08/30/2024
Experts note that this surge may be partly attributed to the recent developments witnessed in mortgage regulations, which projects 15 percent annual growth.
08/29/2024
The quarter saw one of the highest total interest incomes at $52.2 billion, with a credit yield averaging 4.3 percent.
08/28/2024
Volek concludes that as the lines between traditional and digital finance continue to blur, the synergy between investment migration and cryptocurrencies grows stronger.
08/27/2024
The growing demand for digital financial services and the rapid adoption of fintech solutions are driving economic growth while enhancing the banking industry’s competitiveness.
08/27/2024
Malik is based in the gate building of the Dubai International Financial Centre.
08/21/2024
Six out of the top ten banks reported a deterioration in the cost efficiencies.
08/21/2024
In June, Burgan Bank decided to acquire a 100% stake in Bahrain’s United Gulf Bank
08/19/2024
This strategy was part of QFC’s efforts to increase the inflow of foreign investments, diversify the economy, and position the country as a leading tech hub in the region.
08/16/2024
Signs of moderation starting to emerge in the residential secondary sales market with transaction volumes plateauing
08/13/2024
The HIMAM development program has been highly successful since its inception, as it has enabled Omani youth with the needed skills to begin professional careers in the prosperous banking sector of the Sultanate of Oman
08/06/2024
92% of employees in the Middle East are more likely to stay with their employers if total rewards were enhanced
08/05/2024
This growth in liquidity suggests a vibrant and expanding economic activity, with more funds circulating within the economy.
08/01/2024
These represented the second-largest portion of the total money supply