06/05/2022
Kuwait remained on top in terms of net profit by average and RoE and had the second-best RoA after Saudi Arabia in the GCC region.
06/05/2022
We bring you a round-up of the best activities, music and food offers around town.
06/05/2022
The bank’s group chairman met recently with Sheikh Maktoum bin Mohammed, Minister of Finance and deputy ruler of Dubai
06/02/2022
As one of the most sought-after awards in the industry, the survey follows stringent guidelines, thorough analysis of different factors, and require NBFCs to adhere to a host of distinct criteria
06/01/2022
52% of surveyed CEOs in the Middle East say increasing sustainability is a top priority – up 22% since 2021
06/01/2022
SAIB's VR reflects the bank's modest franchise, weaker asset-quality metrics than those of peers, high balance-sheet concentrations and an adequate funding profile, albeit less stable than that of peers.
06/01/2022
The company was founded in 1993 by former Bulgari SpA executive Fawaz Gruosi and is known for its signature black-diamond jewelry.
05/31/2022
Middle East exchanges have already shown a strong performance, indicating that investors investing in the regional markets, will comparatively fare better than investors into global markets.
05/31/2022
Over 40,000 flats, villas scheduled for completion over remainder of 2022
05/30/2022
These results reflect the maturity and stability of the investment environment in the emirate’s creative economy.
05/30/2022
After seeing over €50 billion wiped off from its market value in 2020, last year the market rebounded to a total spend of €283 billion – a new record.
05/26/2022
Hikes in interest rates will be a dampener and so will inflation
05/24/2022
He was rounded up with more than 300 other prominent Saudis in the anti-graft campaign and held at the Riyadh Ritz-Carlton.
05/23/2022
Fitch affirms Bank of Sharjah's 'BBB+' rating; outlook stable
Affirming Bank of Sharjah's rating reflects the bank's strong market position and franchise that is supported by access to Sharjah-government businesses and projects, according to a press release on Sunday
05/20/2022
Egyptian banks’ net foreign assets to recover after devaluation
Higher interest rates will support the banks’ profitability but, along with high inflation, could put pressure on asset quality
05/19/2022
Saudi Real Estate Co. received shareholders’ nod to raise capital to SR3.7 billion
05/19/2022
Around 100 CEOs from the Gulf Cooperation Council listed companies received the Top CEO awards
05/18/2022
Communication from finance and insurance brands seem to have widely reached the public with brands noting great improvements to their Ad Awareness scores this festive season
05/17/2022
Emerging markets are having a tough 2022. Soaring food and energy prices, higher US interest rates, and slowing global growth and trade have come hot on the heels of Covid-19.
05/16/2022
GIB reported a net profit of $12.8 million for the first quarter of 2022 attributable to the shareholders of the parent