Saudi trade exchange with Arab states hits $40.10bln in 10 months
Saudi Arabia’s trade exchange with Arab states declined in the first ten months of 2020 given the impact of the…
Comment & Analysis
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APICORP: MENA region holds strong potential for low and zero-carbon sources of energy
Role of private sector financing still hinges on sector reforms and government guarantees Renewables and nuclear technologies claimed higher share…
Turkey takes step forward for economy, but more is needed — Analysts
The Turkish central bank raised interest rates for a second month in a row in a move to re-establish credibility.…
Fitch affirms QIIB strong rating at ‘A’ with a stable outlook
Global credit rating agency Fitch has published QIIB’s full rating report, demonstrating the same the bank's strong rating at ‘A’…
UAE-Israel greentech cooperation shows tremendous potential
The blossoming UAE-Israel relationship has tremendous potential to contribute not only to both countries and the wider Middle East, but…
ADCB reveals business strategy in Egyptian market during coming period
Ihab El Sewerky, CEO and Managing Director of the Abu Dhabi Commercial Bank – Egypt (ADCB), has revealed the bank’s…
Saudi banks’ profitability pressures to spill over into 2021
Saudi banks witnessed an improvement in profitability in the third quarter of 2020 largely driven by higher lending and lower…
Digital Financial Services in Egypt are Still Not Widely Adopted but May Grow Steadily, Fintech Entrepreneur Reveals
Many more Egyptians are now using online or all-digital platforms and services, and the nation’s government is planning to support…
Italy's Gellify seeks Middle East start-ups with fund that could hit $50m
Italian-based B2B software start-up focused accelerator and investor, Gellify, has expanded into the Middle East with ambitious plans to recruit…
Over 80 New Fintech Initiatives Joined Dubai International Financial Centre in H1 2020, a 75% YoY Increase
Although Dubai’s economy is projected to contract by 6.2% this year, with the travel and hospitality industries hit really hard…
Qatar commercial banks assets total QR1.65tn in November: QCB
Assets of Qatar's commercial banks grew about 10% year-on-year growth this November, mainly on faster expansion in domestic assets, as…
Gulf economies must now show equal dexterity in handling their debts
Looking back, it's easy to forget that many of the major Middle East economies were already having an extremely tough…