09/03/2018
Banks blame investors for not assessing risks
Clients allege banks sold highly risky currency derivatives as simple deposits
09/03/2018
Clients allege banks sold highly risky currency derivatives as simple deposits
09/03/2018
Three in every four UAE employers (78%) are planning to hire in the next three months
09/02/2018
The oligarchs use family connections to promote their careers and to further enrich themselves from public funds.
09/02/2018
Dominica remains the best economic citizenship option, coupling low investment thresholds with certainty of permanency.
08/31/2018
Banks are trimming branch numbers as consumers tilt towards online banking.
08/29/2018
The celebration was attended by the bank’s senior management and employees.
08/28/2018
A total number of 261 trades were executed during the day's trading session generating turnover of OMR982,000 with more than 5.48 million shares changing hands.
08/28/2018
The average rating on the seven sovereigns is 'AA', compared with an average of 'BBB-' on all sovereigns S&P rate globally.
08/27/2018
According to preliminary estimates, the per capita gross domestic product (GDP) stood at 236,000 riyals ($64,972) at the end of last year
08/24/2018
Aldar, Emaar and Damac reported increased revenues during the period but their profit was squeezed by higher cost of sales
08/23/2018
Crown Prince Mohammad bin Salman's Vision 2030 plan to turn the kingdom into an investment powerhouse, ballyhooed at first, is meeting more skepticism as MBS, as the crown prince is known, launches ever larger visions.
08/23/2018
“Turkey’s banking regulator also made it prohibitively expensive to bet against the lira by reducing banks’ ability to supply the Turkish currency to foreign banks and financial institutions.”
08/23/2018
A Reuters report quoted sources as saying that Saudi had called off both the domestic and international stock listing of Aramco
08/23/2018
The proposed $15b infusion into an ailing Turkish economy is yet another indicator
08/23/2018
This year, Russian President Vladimir Putin pledged to create or rebuild vast swaths of his country’s infrastructure and RDIF is the lead agency responsible for the financing.
08/22/2018
The actual operational costs are lumped together without any effort being made to understand the actual “manufacturing costs” of bank products.
08/22/2018
Saudi Arabia is the world's top-performing stock market in 2018, but its long-term vision of building a global financial center is moving slowly.
08/22/2018
The kingdom's recent oil discovery will benefit the economy in the long-term, but will not solve short-term problems, experts say.
08/21/2018
Innovations in technology like mobile payments, mobile banking and borrower identification using biometric data enabled easier and less expensive use of financial services, while increasing financial security, the QCB said.
08/21/2018
Limiting bank closures will help facilitate the UAE’s role as a business hub