Dubai faces biggest risk from virus shock to economy in Middle East, Moody’s says
Dubai’s reliance on real estate, transportation and tourism makes the Middle East business hub the most exposed to the impact…
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NBF reports Dh75 million first quarter 2020 net profit
National Bank of Fujairah posted a net profit of Dh75.4 million for the three month period ended 31 March 2020,…
QSE gains more than 100 points on buy interests of domestic, Gulf institutions
The increased buying interests of domestic and Gulf institutions on Wednesday lifted the Qatar Stock Exchange more than 100 points…
Fall in demand for oil and pandemic squeeze Saudi finances in first-quarter
The COVID-19 crisis and the resulting fall in demand for oil hit Saudi Arabia’s finances in the first quarter of…
Banque du Liban governor: State spenders must be held accountable
Riad Salameh, governor of the Lebanese central bank, on Wednesday defended his record, rejecting criticism that he was to blame…
Saudi Arabia gets a new oil customer in Belarus
Belarus, which has long relied on Russian oil, has purchased its first crude from Saudi Arabia, according to state refiner…
Saudi SABB Takaful appoints new deputy chairman
SABB Takaful has appointed Bashaar AlQunaibt as deputy chairman of the board of directors, according to a disclosure to the…
MENA businesses should review insurance policies to cover COVID-19 losses
The global COVID19 outbreak is an opportunity for businesses in the Middle East and North Africa to evaluate property insurance…
Credit profile of GCC banks to weaken over COVID-19, lower oil prices
Standalone credit profiles of GCC banks are set to weaken following the coronavirus pandemic and the drop-in oil prices, Fitch…
What are the Middle East’s working from home habits?
Forbes Middle East has conducted a regional survey to see how people are feeling about working from home, focusing on…
$1,850 potential upside target: Gold price technical analysis
Gold has been appearing increasingly bullish since last week, after bulls rallied the yellow-metal back towards the $1,930 technical area.…
ING appoints Walker as Head of Compliance, UK & Middle East
Amsterdam-based ING announced the appointment of Lisa Walker as its Head of Compliance, UK & Middle East, where she will…