Turkish banks may hit profit milestone in 2021 on market-friendly policies
A key measure of Turkish bank profits could grow more rapidly than inflation next year for the first time since…
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Standard Chartered announces key appointments
Standard Chartered has announced an updated organisation structure on September 10, which will further sharpen its focus on individual clients,…
Default Resolution Regimes Untested in Most Islamic Finance Markets
The economic volatility caused by the coronavirus pandemic highlights the need for an effective bankruptcy resolution system in most Islamic…
How the region's payments market could fare in the next decade
The speed of economic recovery in the next few years will be crucial for the payments market in GCC and…
Saudi wealth fund to pump in $80b over next two years into home market
Saudi Arabia's sovereign wealth fund is turning homeward. Handed $40 billion earlier this year to buy global stocks, the Public…
How Dh50 billion Central Bank stimulus extension will boost UAE economy
The Central Bank of UAE’s decision to extend the duration of the Zero Cost Facility (ZCF) (funds given to banks…
Turkish banks may hit profit milestone in 2021 on market-friendly policies
A key measure of Turkish bank profits could grow more rapidly than inflation next year for the first time since…
Bitcoin has soared over 130 percent this year, and is up more than four-fold from its March lows
Bitcoin passed $17,000 on Tuesday to touch its highest level this year, with investors saying the gains are based on…
Aramco bumper bond sale adds to record Gulf debt issuance
Saudi Aramco has started marketing a dollar-denominated bond sale as the world’s biggest oil company joins a slew of new…
Extension of UAE Central Bank’s support scheme a confidence booster: Bankers
The UAE Central Bank’s pro-business decision to extend the Dh50 billion Zero-Cost Facility, a key ingredient of its acclaimed Dh100…
Dubai’s bilateral trade with Oman surges 8.4% in 2019
Dubai Customs said its bilateral trade with Oman, which is the UAE’s second-largest trading partner in the Gulf region, has…
Cityscape: Investors turn their sights towards UAE’s real estate sector
Favourable bank rates and dropping prices have meant that investors are once more looking to the UAE’s real estate sector,…