UPDATE 2-Abu Dhabi taps debt market after Qatar's $10 billion bond sale
Abu Dhabi started marketing U.S. dollar bonds on Wednesday, a document showed, following Qatar’s $10 billion debt sale on Tuesday,…
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National Bonds’ Assets under Management Valued up to AED 7.8 billion in 2019
Despite some challenging global macro-economic conditions, National Bonds has continued to show resilience, with its assets and client size posting…
QFB holds AGM to discuss performance, future initiatives
Qatar First Bank held its annual general meeting Tuesday to discuss the bank’s performance and future initiatives after releasing its…
Oman Insurance members staying home get access to doctors using TruDoc 24×7
Oman Insurance Company has announced a service to help its members get access to doctors, wellness experts and pharmacies from…
UAE's $70bn stimulus will help bank liquidity but could increase problem loans, says Moody's
A $70 billion stimulus package from the UAE government will help bolster bank liquidity and limit asset deterioration amid the…
Special Report on The COVID-19 Epidemic Forecasts (Issue 2)
Ping An Insurance Has published a second report on The COVID-19 Epidemic Forecasts by Ping An Smart City Research Institute,…
Lebanon speaker Berri to central bank governor: deposits are "sacred"
The Speaker of Lebanon's Parliament told Central Bank Governor Riad Salameh on Tuesday that people's bank deposits were "sacred" and…
At 7-year high, gold eyes $1900 on stimulus-driven liquidity
Gold futures rallied for the fifth consecutive day, surging above $1,700 an ounce to the highest since 2012, underpinned by…
Kuwait's wealth fund on standby as oil price, virus hit finances
Kuwait’s government has discussed the possibility of turning to the sovereign wealth fund for a loan should the oil-price slump…
KPMG recommends steps to bolster cybersecurity in the COVID-19 era
The outbreak of Covid-19 poses a challenge to many businesses across the globe, also impacting information security as ill-wishing threat…
Kuwait's ABK reveals $26mln exposure to NMC Health
Al Ahli Bank of Kuwait has revealed its exposure to troubled NMC Healthcare Group, a statement on Boursa Kuwait showed.…
Saudi call for OPEC+ meeting is an extension to its efforts to achieve market balance
Saudi Arabia's call for OPEC+ meeting is an extension to its previous efforts to achieve market balance and stability, the…