08/21/2020
The QFC corporate banks represented 86.4% of the QFC banking sector with QR39.1bn in total assets; while the investment banks made up the remaining 13.6% with QR6.1bn in assets.
08/21/2020
In more detail, the total assets of 11 ADX-listed national banks amounted to AED1.643 trillion against AED1.575 trillion.
08/21/2020
Trade turnover and volumes were on the decline on the market, where the real estate and banking sectors together accounted for about 61% of the total trading volume.
08/20/2020
The mining and quarrying index, which has a relative weight of 83.6%, saw a 1.2% shrinkage and month-on-month on account of 1.2% dip in the extraction of crude petroleum and natural gas but witnessed 7.6% growth in other mining and quarrying sectors.
08/20/2020
Inflow of foreign investments into the emirate's vital sector could pick up in the near future
08/20/2020
Saudi power sector is in the midst of significant developments
08/20/2020
Buyers looking for bigger properties amid coronavirus pandemic
08/20/2020
In more detail, the total assets of 11 ADX-listed national banks amounted to AED1.643 trillion against AED1.575 trillion. In DFM, seven listed banks saw their total assets increasing from AED1.069 trillion to AED1.347 trillion.
08/20/2020
The successful issuance of the bonds has once again demonstrated to the international capital market the determination and commitment of CCB to implement green finance innovation and development, and reflects investors' confidence in the strategy and
08/19/2020
Kuwait's fiscal year runs from April 1 to March 31
08/19/2020
Saudi Arabia, the world's largest oil exporter, faces a severe economic contraction this year as movement restrictions in response to the COVID-19 pandemic have had a drastic impact on oil demand and oil prices.
08/18/2020
Dubai developer secured a new deal with Emirates NBD last week for Dh946m debt
08/18/2020
Dubai has been most vulnerable to the coronacrisis than other regional economies
08/18/2020
NAS Neuron is one of the largest private TPAs of medical claims in the GCC, serving over 1.3 million lives across the GCC region.
08/18/2020
Israel and the Gulf State announced on Thursday they would normalise relations under a U.S.-sponsored deal that still awaits negotiations on details such as opening embassies and travel links before it is officially signed.
08/18/2020
Egyptian Real Estate Consortium (EREC) reported a 63% Year on Year decline in its consolidated net profit in the first half (H1)
08/18/2020
Surplus sharing is a unique benefit of the Takaful concept of insurance in comparison to conventional insurance, which not only protects policyholders against unforeseen circumstances but also qualifies them for a share in the achieved surplus of the fund
08/18/2020
Net profit attributable to shareholders was US$15.05 million for the six month period compared with US$49.13 million in the first half of 2019, a decrease of 69.4%.
08/17/2020
The electronic platform is expected to help companies and investors recover from the devastating impact of Covid-19
08/17/2020
Many of the stocks PIF targeted in the first quarter were trading at historic lows