03/02/2020
Phenomenal show by JACC “Kuwait Calling”, sponsored by NBK
Over the past six and a half decades, NBK has committed itself to supporting social and cultural ceremonies in Kuwait as part of its social responsibility.
Research, Comment and Analysis
03/02/2020
Coronavirus: UAE banks told to suspend, reschedule loan EMIs
The Department of Health - Abu Dhabi, DoH-AD affirmed that laboratory tests conducted for 167 cases of quarantined contacts of two cases of Coronavirus, COVID-19, announced on Thursday, have returned negative.
03/02/2020
Dubai Islamic postpones sukuk amid coronavirus volatility: sources
The potential deal received a good response from investors while it was being marketed.
03/02/2020
How Can Brands Boost Immunity Against the COVID-19 Virus
We gathered insights from the latest February reports from Boston Consulting Group (BCG), McKinsey & Company, and Kantar China, to give an overview of strategic alignment for companies to better survive through the COVID-19 crisis.
02/28/2020
Saudi Aramco starts early preparations for an overseas listing
An overseas listing for Saudi Aramco is currently seen as unlikely to take place this year given market conditions and a weak outlook for commodity prices
02/27/2020
Revealed: Most popular projects in Dubai for off-plan sales in 2019
Popular buildings in the off-plan segment were mainly in the luxury market, finds report
02/27/2020
UAE banks to benefit from public-sector loan growth in 2020
Large banks have sizeable share of foreign exchange and credit card related income
02/27/2020
JPMorgan, Goldman Among Banks Vying for Arab Refining IPO
Arab Refining is planning to make its stock market debut in the fourth quarter and owns 67% of Egyptian Refining Co., which recently developed a multi-billion dollar refinery in greater Cairo.
02/27/2020
Moody's - UAE banks’ profitability to be resilient amid public-sector loan growth
The UAE's largest banks will benefit from solid public-sector loan growth this year
02/26/2020
Dire prospects await corporate climate-wreckers in 2030—study
Sustainability experts warn that reputational harm to their businesses will be the most severe consequence for companies that are not adequately addressing climate change.
02/25/2020
UAE GDP grew 2.9% in 2019, says Central Bank
UAE Central Bank attributes the growth to a 1.1% growth in the non-hydrocarbon sector
02/25/2020
Bank Audi Assembles $210 Million for Capital Increase
Bank Audi is Lebanon’s biggest bank in terms of both customer deposits and total assets.
02/24/2020
Middle Eastern families look west for wealth structuring
WEALTHY Middle Eastern families are looking to the Channel Islands when it comes to structuring strategies.
02/24/2020
Egypt to issue intergovernmental green bonds
Egyptian Financial Regulatory Authority Chairman Mohmed Omran stated in November 2019 that the authority seeks to issue green bonds during 2020
02/24/2020
Women making inroads in GCC’s political, fiscal environments
The positioning of women in GCC cabinets and heading financial institutions is a relatively young process.
02/24/2020
The economic toll of the coronavirus – from iPhones to solar panels to tourism
While much of the world’s attention is rightly focused on the human toll of COVID-19 – including the 1,873 deaths reported as of 18 February – the economic toll of the outbreak also has potentially disastrous implications.
02/24/2020
Kuwait banks seen stable despite subdued growth: S&P
This is because we believe the central bank does not want banks to release general provisions, but prefers to keep them as a buffer against potential future risks.
02/23/2020
Almost 74,000 Middle East millionaires control Dh2.75T wealth
This was partly owing to its stand-out performance in 2018, when the Middle East recorded by far the most dynamic net worth gains of any region.
02/20/2020
Debt-ridden Lebanon to invite 8 firms to bid to be financial adviser
A team of IMF experts will visit Lebanon from February 20-23 to meet with authorities on economic challenges and provide broad technical advice “on policies to deal with the macroeconomic challenges facing the economy.
02/20/2020
Experts to take part in 6th Doha Islamic Finance Conference
The conference will have discussions distinctly on directing the Islamic financial institutions towards investing in sports sector and the mechanisms and controls of financing and investment operations in this important sector.