05/28/2019
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’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
"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
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.
05/07/2019
Wealth migration figures point to present conditions - such as crime, lack of business opportunities or religious tensions - but can also be a key future indicator, said Andrew Amoils, head of research at New World Wealth.