05/17/2022
Gulf Steam: economies in the region gather pace
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.
Research, Comment and Analysis
05/16/2022
Gulf International Bank achieves 62% increase in first quarter net profit
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
How consumers can protect themselves from buy now pay later fraud
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
Key role for Bahrain’s banking sector in driving ESG agenda
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
Higher lending drove Saudi top banks' profitability in 2021: Report
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
Saudi Arabian Banks Recovering Well from Pandemic Pressures
The sector’s economic activity is recovering well, supported by soaring oil prices that underpin government spending.
05/09/2022
UBS Investor Sentiment: Investors Concerned About the War Yet Stay the Course with their Portfolios
The survey found business owners tempering their hiring and investment plans and are focusing on increasing their employee benefits, IT spending and upgrading talent.
05/09/2022
Egypt expected to raise interest rates after US Fed decision
The CBE is awaiting the latest indicators of inflation in the local market
05/05/2022
Forbes Middle East reveals annual ranking of women
Meet the region’s top female founders
05/04/2022
Saudi economy to witness 10% growth in 2022: Capital Economics
Saudi Arabia's economy expanding at the fastest rate in a decade
05/03/2022
What to do if your bank merges or is acquired
Be patient, evaluate your banking needs and shop around for better lenders if you aren't happy with the merger
04/29/2022
Today and beyond: The next generation challenges the status quo of family business
PwC’s Global NextGen Survey 2022
04/26/2022
UAE among world’s top markets with highest trust in the financial services sector
The study identifies increased use of technology as a major trust factor, simplifying investing by improving access to markets and information
04/26/2022
Sharjah’s economy grows 4.8% in 2021, DSCD economic survey reveals
The emirate continues to build on its reputation as one of the most diverse and business-friendly economy of the region
04/26/2022
Qatari listed banks post highest sector average for ROE in GCC: KPMG report
The report provides banking industry leaders with succinct analysis along with insights and forward-looking views.
04/22/2022
Fitch Affirms Egypt at 'B+'; Outlook Stable
The ratings remain constrained by weak external liquidity metrics amid still substantial reliance on non-resident investments in the local bond market, large fiscal deficits, high general government debt/GDP, and domestic and regional security and politic
04/21/2022
Standard & Poor's assigns Tawuniya an "A-" rating
Outlook is stable