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
05/15/2022
Fake account set-up using stolen card details and identities is one of the most common fraud used in buy now pay later payment methods
05/14/2022
Jean-Christophe Durand, CEO, National Bank of Bahrain said would strengthen NBB’s plans to further extend its reach into other GCC countries, including Saudi Arabia and the UAE.
05/11/2022
How post-Covid economic recovery is improving the profitability of Saudi Arabia’s top 10 banks
All of the top 10 Saudi banks reported growth as the aggregate loans and advances (L&A) grew 14.2 percent year-on-year in FY 2021
05/11/2022
87% of UAE IT decision-makers agree their organizations’ enterprise data strategy is key to effective hybrid workforce
Senior business decision-makers cite next-gen technology & infrastructure will help meet existing & emerging data strategy & hybrid needs
05/11/2022
President Kenyatta Calls for Enhanced Cooperation Between Kenya and the UAE
The UAE delegation was led by the Gulf nation’s Minister of State Sheikh Nahyan bin Shakhboot Al Nahyan who was accompanied by the Crown Prince’s Economic Adviser Abdul Rahman Neyadi among other UAE Government officials.
05/11/2022
The profitability ratios in financial year 2021, such as return on equity and return on assets, increased by 11.4 percent (from 10.9 percent) and 1.7 percent (from 1.6 percent), respectively.
05/10/2022
The sector’s economic activity is recovering well, supported by soaring oil prices that underpin government spending.