Qatar's banking sector shows resilience
The country’s banks accounted for almost half of the QR22bn in net profits generated by the companies listed on the…
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Saudi Arabia calls on US to 'correct' 9/11 legislation
Saudi Arabia called on the United States to “correct” the bill that allows 9/11 victims’ families to sue Saudi Arabia…
Credit Suisse Plans Middle East Growth as Millionaires Rise
Credit Suisse Group AG expects the Middle East to account for a significant part of its growth in private banking…
Mobile Fraud
Imagine sitting at your humble desk, worrying about your daily needs, expenses and school fees. Suddenly you receive a…
GCC insurance sector reaches $24b
The GCC insurance industry has more than tripled between 2006 and 2015, with insurance premiums increasing to $24 billion as…
Revealed: Biggest bank in GCC
Many banks in the region introduce themselves as the biggest lender in terms of assets, loans, deposits, financial strength and…
Saudi central bank's foreign assets edge down in August
Net foreign assets at Saudi Arabia's central bank fell to $554 billion in August, down by about $1 billion from…
Saudi Arabia hands tied as rising rates risk worsening economy woes
Saudi Arabia’s currency peg is forcing the central bank to look beyond rate cuts to spur growth, as a slowdown…
Yemen’s new central bank governor says inherited ‘bank empty of money’
Yemen’s newly appointed central bank governor said on Thursday he had inherited a bank with no money, a dysfunctional monetary…
Dubai's Gulf General Investment aims to renegotiate part of debt plan
Dubai-listed conglomerate Gulf General Investment Co is seeking to restructure loans linked to a 2.8 billion dirham debt plan which…
Investing in the next generation: the value of Gulf education
Education at the heart of every growing economy — is proving to be a boon for developers seeking alternatives to…
Adam Rix to leave Amundi's Middle East operation
Adam Rix, director - third party distribution for the Middle East at European asset management giant Amundi is to leave…