Fiscal Nightmare Ties Up Kuwait’s Stimulus With 40% Deficit
Crisis economics gets complicated when the budget deficit could be equivalent to two-fifths of a nation’s entire output. It’s…
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Kuwait banks are fully committed in their fight against money laundering and terror financing
The Kuwait Banking Association affirmed the keenness of Kuwaiti banks to fully comply with all provisions of Law No. 106…
QDB extends coverage period of National Response Guarantee Program
In implementation of the directives of the Amir HH Sheikh Tamim bin Hamad Al-Thani to support and provide financial and…
Saudi Re strengthens Board of Directors with key appointments
Saudi Reinsurance Company has appointment two seasoned reinsurance professionals - Dr. Peter Hugger and Mr. Marc Maipoux - to its…
Fiscal Nightmare Ties Up Kuwait’s Stimulus With 40% Deficit
Crisis economics gets complicated when the budget deficit could be equivalent to two-fifths of a nation’s entire output. It’s…
Fraudster David Haigh loses English court action to avoid $6m debt recovery
England’s High Court has upheld a UAE ruling that Bahrain’s GFH Financial Group can pursue its former executive and convicted…
Coronavirus: Bahrain sees fintech take-up surge amid Covid-19 crisis
Bahrain’s mobile payment app has seen a huge surge in take-up during the Covid-19 coronavirus pandemic as the country’s population…
ICD net profit jumps 16.9% to $6.81bn in 2019
Investment Corporation of Dubai (ICD) today announced its consolidated financial results for the year ended December 31, 2019 having achieved…
EBRD and EU support small business Blessing in Lebanon
During coronavirus and Ramadan the company helps families in need With business advice from the EBRD and support from…
More COVID-19 cases emerge in Middle East as world continues gradual return to normal life
Parts of the Middle East have recorded more infections of COVID-19 In recent days, with the global number of cases…
Saudi banks maintained sound financial metrics in 2019, but under pressure – Fitch
Saudi banks maintained sound financial metrics in 2019 but witnessed a mild deterioration across most core metrics in a more…
Qatar banks’ net profit growth averages 5.5% in 2019: KPMG
Qatar’s banking sector saw “positive” results in 2019, with an average 5.5% growth in net profit, which is attributable to…