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.
05/09/2022
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
The CBE is awaiting the latest indicators of inflation in the local market
05/05/2022
Meet the region’s top female founders
05/04/2022
Saudi Arabia's economy expanding at the fastest rate in a decade
05/03/2022
Be patient, evaluate your banking needs and shop around for better lenders if you aren't happy with the merger
04/29/2022
PwC’s Global NextGen Survey 2022
04/26/2022
The study identifies increased use of technology as a major trust factor, simplifying investing by improving access to markets and information