03/31/2022
A Story of Extremes
Such an increase in yields was seen just before the 1987 crash, during the LTCM fiasco in 1998, in 2000 before the dot com crisis and ahead of the Global Financial Crisis.
Research, Comment and Analysis
03/30/2022
GCC banking sector sees 7-quarter high ROE in 2021: Kamco
Saudi and UAE-listed banks also reported healthy profit growth of 40.2% and 52.6% during the year.
03/30/2022
Tadawul seeks cross-listing and new financial products: CEO
Tadawul plans to introduce a product in the upcoming period and select eight to ten companies to begin offering the corporate futures, and the number will increase as market and investor needs dictate.
03/28/2022
Dubai attracts 57% of scaleup funding in MENA region: report
New report, developed by Dubai Chamber of Digital Economy, in collaboration with Mind the Bridge and Crunchbase, examines key trends reshaping the maturing entrepreneurial ecosystem in MENA
03/28/2022
Saudi Wealth Fund May Make Major Investment in Building Firms
Saudi Arabia’s Unpaid Tab With Metro Builders Runs Into Billions
03/28/2022
Nearly 9 in 10 people in the Middle East report increased use of digital payments in the past year
Since acquired habits stay with people, 92% of those surveyed intend to use Internet banking and e-wallet services more often even after the end of the pandemic
03/28/2022
Banking as a Service gains unstoppable momentum, Finastra research shows
85% of senior executives surveyed are already implementing BaaS solutions or are planning to in the next 12-18 months
03/28/2022
Multilateralism needed more than ever to address challenges
You always need this multilateralism in a way where you have different roles for everybody.
03/27/2022
CBE announces key performance indicators of banks operating in Egypt during 2021
According to the CBE, bank deposits by individuals increased
03/25/2022
CBUAE Governor hosts Bank CEOs to outline the banking sector outlook for 2022
CBUAE and UAE bank CEOs discussed the global and UAE economic recovery that commenced during 2021
03/25/2022
Dubai sets sights on Latin America as key region for $544bln trade
Dubai Chamber of Commerce is “fully committed to facilitating exchange” between the United Arab Emirates and LATAM business communities, said its chairman
03/24/2022
EBRD and J.P. Morgan support Turkish women entrepreneurs
The EBRD introduced Esra to a management consultant who helped her eveningwear brand, Esra Bridal, increase export capacity and develop its export strategy.
03/24/2022
President of New Development Bank describes UAE as a ‘prime example of an economic miracle’
Industry leader’s comments came as he addressed participants at GBF LATAM 2022, which kicked off earlier today in Dubai
03/24/2022
Eight digital trends defining the future of the GCC
The GCC is undergoing a region-wide ‘digital paradigm shift’, said global management consulting firm Oliver Wyman in a new report, listing the eight digital trends defining the future of the region in 2022 and beyond
03/23/2022
Middle East consumers healthier, more digital and prioritise sustainability: PwC
Middle East shoppers are becoming increasingly influenced by sustainability issues
03/23/2022
Citigroup expects sharp increase in UAE and Mena business amid economic recovery
US lender's business in UAE will continue to drive its regional growth ambitions over next 5 years, chief executive Jane Fraser says
03/22/2022
Makram Debbas and Sami Darouni on navigating the future of retail
The pandemic accelerated changes that were already underway.
03/21/2022
Future of Bahrain’s real estate sector in spotlight
The Gulf Property Show will host a visionary leadership roundtable on the future of Bahrain’s real estate sector at the Bahrain Exhibition and Conference Centre
03/21/2022
Profitability of top 10 listed banks in the UAE recovers significantly
The analysis found that aggregate net income increased substantially by 48.6 percent year-on-year (YoY) to AED 37.8 billion, mainly driven by higher operating income (+5.2 percent YoY) along with lower impairments (-30.1 percent YoY).
03/21/2022
Rising public demand set to drive Islamic banks growth: Bahrain
Islamic banks’ total assets expanded by 8.1% in 2021