Saudi Arabian banks' retail rush to continue
Fitch Ratings expects retail lending to remain a high-growth segment in Saudi Arabia as banks' appetite of recent years remains…
Comment & Analysis
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M&A activity in insurance sector set to soar in 2021
Mergers and acquisitions activity will surge in the insurance sector in first half of 2021, given the volume of deals…
UAE banks register $79bln investments in December 2020
The UAE banks' investments went up by 0.35% month-on-month to about AED 455.8 billion by the end of December 2020,…
Most Gulf markets fall; Abu Dhabi gains
Most Gulf markets ended in the red on Thursday, with the Saudi index pressured by losses in its banking shares.…
National Bank of Kuwait sells $700 million AT1 bonds -document
The National Bank of Kuwait launched $700 million Additional Tier 1 bonds on Thursday at 3.625%, a document showed. …
Turkey moving to become a major player in Africa
When, in 2005, he first set foot on African soil, on a tour of Ethiopia, South Africa, Morocco and Tunisia,…
Stalled UAE tourism won't impact long-term hospitality investments
Expo or not, meaningful tourism in the UAE is unlikely to return until the back half of next year, a…
54% rise in companies setting up in Saudi Arabia in 2020, despite pandemic
Scores of international companies were lining up to enter the Saudi market despite the ongoing global economic fallout from the…
Revealed: Arbuthnot shuts Dubai office as managing director exits
Arbuthnot Latham is to shut its Dubai office at the end of May, less than a decade after launch, Wealth…
New SME bank to help fill Kingdom’s financing gaps
Saudi Arabia’s decision to set up a bank dedicated to small and medium-sized enterprises has been welcomed by industry experts…
How purpose-driven transformations help banks recover
The Covid-19 pandemic has made a profound impact on people and industry worldwide. In the case of banks, in addition…
Alijarah Holding to explore new investment opportunities
National Leasing Holding (Alijarah Holding) held its ordinary AGM online, yesterday. The General Assembly approved the Board of Directors’ recommendation…