EMEA emerging market sovereign borrowing will likely reach $473bln in 2020: S&P
S&P Global Ratings says it forecasts the gross borrowing of 53 emerging market sovereigns' in Europe, the Middle East, and…
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RAKBank offers free account transfers to any bank in the Philippines
RAKBank recently enhanced its current remittance footprint in the Philippines by partnering with BDO Unibank, a full-service universal bank in…
Kuwait banks seen stable despite subdued growth: S&P
The overall credit profiles of rated banks in Kuwait should remain stable in 2020, barring any unexpected increase in geopolitical…
NBK Offers Largest NFC-capable POS Network in Kuwait
We are committed to introducing the most advanced payment solutions in line with our leadership in the digital banking industry…
The economic toll of the coronavirus – from iPhones to solar panels to tourism
COVID-19 has potentially serious implications for the global economy. Apple revised its revenue guidance, due to a slowdown at manufacturing…
Saudi economy set to grow this year, driven by non-oil sector – central bank
Saudi Arabia's economy is expected to grow this year, supported by the non-oil sector, despite a challenging global economic backdrop,…
Middle East Gas Market Growing at Double the Rate of Global Energy Demand
The natural gas market in the Middle East is experiencing a substantial growth phase, with its cost of supply remaining…
African Development Bank loans Morocco 204 mln USD for social protection
The African Development Bank said on Feb. 21 that it will loan Morocco 204 million U.S. dollars for the Social…
Women making inroads in GCC’s political, fiscal environments
The appointment of Kuwait’s first female finance minister and the reappointment of the first woman to lead the Saudi stock…
UAE c.bank says monitoring job cuts in financial industry
United Arab Emirates’ central bank said on Saturday it is closely following recent job cuts in the financial sector, after…
AUB attracts national talents at PAM’s career fair
As part of its continuous efforts to attract and support the most qualified national ambitious youth, Ahli United Bank participated…
Egypt to issue intergovernmental green bonds
Egypt’s Ministry of Finance started its procedures to issue intergovernmental green bonds, to be the first country in the Middle…