12/20/2021
"Our banks will continue to use their resources to meet the financial needs of households and the real economy, within the free-market mechanism that operates with its rules,"
12/17/2021
The bank will also allow depositors to convert the Lebanese pounds they withdraw from their dollar deposits back into dollars also at the Sayrafa rate
12/17/2021
The bank has kept its lending rate at 9.25% and its deposit rate at 8.25% since November 2020
12/17/2021
Such legislation are in line with the country’s aspirations for the next 50 years, as part of the "Projects of the 50" covering investment, foreign direct investment (FDI) and business practices, Sheikh Nahyan explained
12/17/2021
The Middle East’s real estate sector appears to be bouncing back fast, with property prices increasing on the back of increased oil prices and gov-ernment policies.
12/17/2021
Several organizations expect the annual rate of consumer inflation in Saudi Arabia to be in the lower range of 1-2% next year
12/16/2021
Many firms were exposed by the delay in digital transformation accumulated over the recent years
12/16/2021
Banking chiefs welcomed the regulator's ongoing support of the local financial system through the Tess scheme
12/15/2021
The UAE came next, dominating 32.2 percent of the GCC’s total bank deposits, followed by Qatar with a share of 16.4 percent.
12/14/2021
It all comes back to this eventually, that there is no black and white solution.
12/14/2021
Markets are in the midst of a strange phase.
12/14/2021
Villa prices have reached pre-pandemic levels, but apartments have not, says consultant
12/14/2021
1,700 chief executive respondents from 101 countries believe Supply Chain issues and Inflation will remain major concerns though Revenue and Hiring are up
12/14/2021
The economic costs of climate change.
12/13/2021
Shifts in household savings, economic growth and consumer spending on "stuff" vs. "experiences" are in focus as businesses continue to move digital
12/13/2021
A new BCG report highlights a positive growth in the GCC's volume of deals in the first half of this year in comparison to the first half of 2020
12/13/2021
SMEs say digitalization is essential to staying competitive in a transformed business and economic environment
12/13/2021
Despite the rising popularity of contactless transactions, customers still rely on the advice of relationship managers and banking officers
12/10/2021
Banks won't quickly return to pre-COVID stringent requirements
12/10/2021
The ADX 2020 Sustainability Report clearly sets out its sustainability strategy and provides comprehensive information on how its various initiatives and practices are ingraining sustainability within