Future of "monetary tightening" unknown — NBK report
In a generally calm week after the Fed hawkishly hiked interest rates, the future pace of monetary tightening is unknown.…
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Qatar rejects list of demands from Saudi Arabia
Qatar’s ambassador to the USA told HuffPost on Friday that Saudi Arabia, the United Arab Emirates and other countries’ demands…
Egypt’s reviving tourism to prop up banking sector: Moody’s
A 51 percent year-on-year increase in tourist arrivals in the first quarter of 2017 is likely to prop up the…
Sukuk activity faces uncertain future after recovery in first half of 2017
Against the backdrop of a slowdown in the global Islamic financial services industry, sukuk activity in the GCC region is…
Islamic banks in the GCC face a tough year ahead
Islamic banks in the GCC are expected to face a tough year ahead as the slowdown in asset growth is…
Kuwait’s Islamic finance sector on strong growth trajectory, IMF says
Kuwait’s Islamic financial services sector is growing rapidly, with Islamic banking emerging as the most developed component of the industry,…
A deeper look at the Middle East's FinTech market
Despite a record-setting 2015 year that saw total global funding to Fintech companies reach $46.7bn, 2016 saw a decline in…
Gulf states prepare for VAT in time of crisis
Oil-rich Gulf countries, which for decades have attracted millions of foreign workers, thanks to their reputation as tax-free havens, aim…
Rift risks upping Gulf debt issuer costs
Qatar's rift with its Arab neighbours is threatening to puncture investor appetite for the Gulf region as a whole, translating…
Three-way bank merger in Qatar aims to close by year end -sources
Executives working on a three-way bank merger in Qatar to create the country's second largest lender expect to finish valuing…
Turkish PM warns banks to cut interest rates or gov't will 'take its own measures'
Prime Minister Binali Yıldırım on June 21 urged Turkey’s banking sector to cut interest rates, saying if it does not…
Al Rayan Bank CEO named to the Order of the British Empire
Sultan Choudhury, chief executive officer of Al Rayan Bank has been named an ‘Officer of the Most Excellent Order of…