Abu Dhabi-based banks report Dhs40.3bn net income in 2019
Abu Dhabi-based commercial and Islamic banks reported a net income of Dhs40.3bn in 2019, reported news agency WAM. The…
All Articles
Explore our comprehensive collection of financial insights, market analysis, and wealth management strategies.
47785 articles available
QSE snaps six days of bearish spell to climb 43 points, lifted by real estate, telecom sectors
The Qatar Stock Exchange on Tuesday snapped six days of bearish spell and its key barometer rose 43 points, mainly…
Mideast Stocks: Gulf bourses gain as stimulus hopes offset virus
Major stock markets in the Gulf opened higher on Tuesday, extending gains from the previous session, on hopes that central…
Qatar’s share of foreign investments in Kuwait amounts to 40%: Official
Qatar and Kuwait have one of the strongest strategic relations and bilateral trade and investment alliances in the Middle East…
Coronavirus impact: Investments in Dubai's DGCX spike over demand for safe assets
The Middle East’s largest derivatives bourse, the Dubai Gold & Commodities Exchange has seen a huge influx of investments, as…
UAE lowers interest rates in line with US move
The Central Bank of the UAE has it will lower interest rates applied to the issuance of its Certificates of…
JP Morgan's Ward: 'Enormous ramifications' if China does not get 'back to work'
If China fails to get "back to work" and is unable to cushion the impact of the coronavirus by April…
i2c Expands Presence in Middle East and Africa Due to High Demand for Its Agile Processing
i2c has announced it is expanding its presence in the Middle East and Africa due to high demand in the…
Mashreq Bank: Joel Van Dusen to join Mashreq as Head of Corporate and Investment Banking
Mashreq has appointed Joel D Van Dusenas its new Head of Corporate and Investment Banking Group. During his career,…
Boubyan Bank ready to combat Covid-19
Boubyan Bank’s Group General Manager - Administration Group, Mr. Waleed Al-Yaqout has confirmed that the bank has been prepared since…
UAE central bank to revise 2020 growth forecast due to coronavirus
The United Arab Emirates’ central bank will reassess its forecast for economic growth in 2020 due to the coronavirus outbreak,…
GCC bank profits, credit quality face risk from virus
Banks and financial institutions across the Gulf Cooperation Council are expected to experience relatively muted direct impact of the coronavirus…