Fitch Revises National Bank of Oman's Outlook to Stable; Affirms at 'BB-'
Fitch Ratings has revised National Bank of Oman SAOG's (NBO) Outlook to Stable from Negative and affirmed the bank's Long-Term…
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UAE-based Century Financial to invest $100m in J&K on hotels, residential complex
The Chairman of UAE’s Century Financial, Bal Krishen, recently signed an agreement with the government of Jammu & Kashmir to…
Qatar International Islamic Bank retains A credit rating from Moody's
The American credit rating agency Moody’s has given Qatar International Islamic Bank a top rating for its performance during the…
Top 10 Largest Banks in the Middle East and Africa
We take a closer look at 10 of the largest banks in the MEA region, ordered my assets in 2021.…
Hong Kong single family office expands to Dubai
Tsangs Group ihas announced that we thay expanding into Dubai with the approval by the Dubai Financial Services Authority. T…
Saudi Arabia, UAE better placed than UK, Germany for AI innovation: report
Saudi Arabia and the UAE are uniquely placed to drive artificial intelligence innovation post-coronavirus pandemic, a new report has revealed.…
Fitch revises Bank Muscat's outlook to Stable
The rating actions follow the similar action on Oman's sovereign rating on 20 December 2021 (see "Fitch Revises Oman's Outlook…
Continued foreign assets drop could pressure Egyptian bank VRs
Fitch Ratings-London: Egyptian banks’ Viability Ratings (VRs) could come under pressure if the banks’ foreign assets continue to drop, Fitch…
Turkish central bank seen to halt easing after currency fall
Turkey’s central bank is expected to hold its policy rate steady at 14% next week, a Reuters poll showed on…
New initiative to promote sustainable finance skills for Middle Eastern youth
A new initiative supported by HSBC and the University of Toronto’s Rotman School of Management will promote the development of…
Saudi National Bank gets $750 million via debut 'sustainable' sukuk
Saudi National Bank , the kingdom's largest lender that is 50.4% indirectly owned by the government, sold $750 million in…
Qatar National Bank raised provisions and remains on alert
Qatar National Bank QPSC braced for credit losses by boosting the amount of money set aside in provisions and signaled…