09/24/2018
Top UAE banks step up lending as confidence rises
The second quarter saw good, steady performance by the UAE's leading banks.
Research, Comment and Analysis
09/24/2018
Emirates-Etihad May Be the Airline Deal of the Decade. Here’s Why
Etihad and Emirates publicly deny merger talks, but an exploratory look at Emirates taking over Etihad’s airline operations remains on the table
09/24/2018
UAE among true believers in ethical investing
By contrast, UK investors are laggards with paltry sums in ethical investments
09/21/2018
Egypt has 2nd-highest total wealth in Africa: report
It includes all their assets (property, cash, equities, business interests) less any liabilities,” adding that with this methodology, countries with larger populations are expected to rank highly.
09/20/2018
Report: UAE a Haven for HNWI's
The number of millionaires in the UAE with assets between $1 million and $30 million is projected to grow by 5.5 per cent between 2017 and 2022 as compared to 2.5 per cent during 2012 and 2017.
09/19/2018
Top Reasons Why UAE Banks Freeze Your Accounts
When people are denied access to their bank account, even if it is just for a short period of time, it can ultimately have a knock-on effect on their short-term finances including the payment of rent, school fees and savings.
09/19/2018
GCC to remain resilient to emerging markets capital flight
Risk perception low on higher oil prices, dollar pegs and ample foreign reserves
09/19/2018
Emirates NBD sees high single-digit retail book growth this year and next
The biggest bank in Dubai expects its cards business to continue growing and NPLs to remain under check
09/18/2018
Why are certain personal UAE bank accounts frozen?
The most common reason universally for a frozen bank account is when the bank feels that the transaction in the account is suspicious and may involve an illegitimate business transaction.
09/18/2018
Kuwait, Jordan relations reaching new levels: Jordanian speaker
Jordanian PM says Arab central banks can avert economic threats
09/17/2018
Germany could help boost Qatar SME sector: bank exec
Because Germany has a strong SME focus, and since Qatar’s focus is to develop its SME sector
09/17/2018
Robinsons Department Store To Expand Into Saudi Arabia
Robinsons made its debut in the Middle East in March 2017 with a 20,000 square meters store spanning across three floors at Dubai Festival City.
09/17/2018
Abu Dhabi crown prince unveils $13.6 billion development plan
The plan includes 50 initiatives that reflect the priorities of UAE citizens, residents and investors
09/16/2018
UAE Ministry of Finance to enhance financial coordination
Representatives from various financial departments in the UAE, as well as the UAE Central Bank, were part of the discussion.
09/16/2018
Number of ultra-wealthy in Middle East to rise 28% by 2022
Asia will surpass North America in the number of individuals with over $500 million in net assets, according to a new report from Knight Frank
09/16/2018
Forbes unveils Middle East's Most Influential Women
The list features 100 female executives and businesswomen and 10 women heading government departments
09/16/2018
Gulf’s economic conditions ripe for more bank mergers
Common majority shareholder makes three-way merger easier
09/16/2018
Saudi c.bank: foreign reserves rising, capital outflows due to investment
Ayman bin Mohammed al-Sayari, the bank’s deputy governor for investment, also told a news conference that the reserves had risen moderately from the previous month in August.
09/14/2018
How Kuwait is transforming into a business powerhouse
The cuts dampened confidence of the Kuwaitis and raised living costs for the lower income population, with inflation rising to around 3.3% YOY.
09/14/2018
Profitability among top UAE banks continues to improve in Q2
UAE Banking Pulse report reveals that operating income and net interest margins at UAE banks were significantly higher in Q2