05/28/2019

GCC bank merger wave is ebbing

The ratings agency believes the reason for the current wave of bank mergers and acquisitions in the region is the desire among banks with the same major shareholders to further enhance efficiency, strengthen franchises, and boost pricing power.

05/28/2019

Egypt Remains Attractive for Investors

Egypt’s debt is offering some of the biggest returns among developing nations, with the yield on its one-year T-bill around 17 percent, or more than triple the average for local-currency debt in emerging market.

05/27/2019

‘Israel is not prepared for the future’

"We walk around with the sense that we are still a start-up," future studies researcher David Passig says, "but we are here for a historic project of thousands of years, and we should start thinking from this perspective."

05/08/2019

Global biodiversity is collapsing, warn scientists

The first global assessment of biodiversity and ecosystem services has held humans largely responsible for looming mass extinction of species and has urged immediate action to avert disaster.

05/08/2019

DFM-listed banks report AED5.51 bn net profit

Within this context, Emirates NBD accounted circa 50 percent of the combined profits, reporting AED2.74 bn, followed by Dubai Islamic Bank which posted AED1.34 bn, or 24 percent.