11/08/2021
Saudi banks building on long-term loan portfolio; demand deposits grow
Short-term credit grew by 13 percent
Research, Comment and Analysis
11/07/2021
Egypt is a very dynamic market with great potential: HSBC Egypt Chairperson
Egypt is one of main arteries for flow of global trade, which makes it an attractive destination for international investors
11/05/2021
Q3 growth rate in Saudi Arabia to reach 5.7%: Capital Economics
The London-based firm added that the expected expansion would leave GDP approximately 1 percent above its pre-pandemic level.
11/04/2021
Egyptian banking sector pumps $178bn into the economy
El-Etreby noted that the banking sector has a plan to counter cybersecurity threats in cooperation with the Central Bank of Egypt.
11/04/2021
PwC Middle East entrenches new suite of employee benefits
“It’s built on a two-way exchange that brings the best of our firm but also empowers and enables top talent.”
11/04/2021
Apartment prices in Saudi hit five-year high as property market booms
Prices in the Saudi capital soared by 17 percent, while in Jeddah they increased by 12 percent, according to the latest Knight Frank research
11/02/2021
GCC markets gain in October on strong banking sector earnings
The monthly gains pushed GCC's year-to-date returns to one of the highest globally at 36.1%, Kamco Invest said in its montly report
11/02/2021
Boursa Kuwait announces profits of KD 11.7mln for the period ended 30 September 2021
Total operating revenue increased by 67% while net operating profit increased by almost 88%
11/01/2021
Digitization critical to handling $45 trillion assets
“Our payment flows are one of the largest in the world,” he added.
11/01/2021
Bahrain announces 5-pillar new growth strategy
The multi-year plan represents one of the Kingdom's largest economic reform programmes, said a Bahrain News Agency report.
11/01/2021
UAE economy will have robust, multi-year growth: ADIB chairman
Bank saw net profits fall 7.7. percent from Q3 2020 to Q3 2021
10/31/2021
BNY Mellon sees Middle East outpacing growth of global business over next five years
Saudi Arabia and UAE markets are expected to drive US bank's regional business amid continuing economic diversification
10/28/2021
Crypto will not destroy traditional banks, says Saudi Central Bank governor
Traditional banking systems will not face 'destruction' by digital currencies, but rather an expansion of centralised systems for regulating the tender will transpire, according to Fahad Al-Mubarak, governor of the Saudi Central Bank
10/28/2021
Gen Z: How to win the next generation of wealth? Key opportunities revealed
As a result, Gen Z’s journey seems to be parallel to other client generations’ but traveling along a different path.
10/28/2021
Before Lebanon's Current Financial Crisis, Central Bank Faced a $4.7 Billion Hole in Reserves
By the time investor confidence wore out amid civil protests against the ruling elite in 2019, the central bank's losses had multiplied.
10/27/2021
Central Bank of Oman cites improvement in financial stability in Oman | Times of Oman
The report highlights the challenges that resulted from the outbreak of the pandemic and its effects, noting that the measures and policies taken by the Government of the Sultanate of Oman.
10/26/2021
Rocky Road to Recovery
Several factors are contributing to the perceived risk of inflation.
10/24/2021
UAE banking official says banks' assets to grow 8% in 2022: Al Arabiya
The UAE economy will reap benefits from the world fair Expo 2020 for about nine years
10/24/2021
Optimistic recovery in real estate flourishes with newfound interest in luxury developments
Local developers including DAMAC and Azizi describe changes in demand following the increase of sales in 2021
10/22/2021
Qatar banking sector total assets stand at QR1.78tn in September: QNBFS
Loans grew by 7.2% YTD for 2021