09/29/2020
23.2 billion riyals are the profits of local and foreign banks...
On a monthly basis, profits declined in August by 6.7 percent, to reach 4.26 billion riyals, compared to 4.57 billion riyals in the same month last year.
09/29/2020
Egypt seeks to raise $500m from the offering
09/28/2020
Sidra's private finance investment strategy generates strong returns despite challenging market conditions
09/28/2020
Acquired a $43mln diversified portfolio of five US industrial assets
09/28/2020
“Institutions, corporates, and individuals can transact directly with the QETF by approaching the founder, Doha Bank. "
09/28/2020
A primary reason for the divergent rates of decline between the neighbouring emirates, says Salbak, is the supply gap.
09/25/2020
Once 30-day notice period ends, non-payments could soon be brought before courts
09/25/2020
In the run up to the second instalment in our three part webinar series with Cybereason, we look at how digitalisation is redefining the way banks do business in the Middle East region
09/25/2020
HE Minister of Commerce and Industry Ali bin Ahmed Al Kuwari represented the State of Qatar at the two meetings.
09/25/2020
All 36 physical offices will remain open to facilitate collaboration and for colleagues who prefer an office environment
09/25/2020
‘First of its kind’ tool will make control of financial future ‘easier and more transparent’
09/25/2020
Lenders have drawn down Dh44.7b of Dh50bn liquidity facility
09/24/2020
UAE GDP growth for Q2 is estimated at -7.8 per cent year on year
09/24/2020
Customers can refuel, refresh at the ADNOC Oasis convenience store
09/24/2020
Harel said the cooperation will enable its customers to receive insurance services- business, health and for marine and air trade - in the UAE
09/24/2020
This forecast is based on a positive scenario that the market will return by the third quarter of 2020, with eased travel restrictions which will aid international mobility into the Kingdom.
09/24/2020
The SME Climate Hub will encourage small and medium-sized companies to commit to halving greenhouse gas emissions before 2030 and reaching net-zero emissions before 2050.
09/24/2020
In the Gulf, the decline in oil prices that was fueled by the coronavirus pandemic served as a reminder of why nations need to diversify their economies away from energy exports.
09/24/2020
The Sberbank-Mubadala strategic partnership will unlock potential co-investment initiatives in both Russia and the Middle East, which are also expected to enhance bilateral trade between businesses in both regions.
09/24/2020
KBBO has about $2 billion in debt that needs to be renegotiated, leaving banks in the United Arab Emirates potentially exposed to another financial hit even as they grapple with a spike in bad loans amid the coronavirus pandemic.