Turkish banks see 38% rise in net profits at end of June
Turkey’s banking sector registered a net profit of nearly TL 39 billion ($5.6 billion) as of the end of July,…
Comment & Analysis
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9 Tips for Managing Remote Employees
Make remote work more productive and engaging for employees with these empathetic but practical actions. Vast numbers of employees now…
GCC needs deflation, and it'll persist
The Gulf region requires deflation, and this reduction on the general level of prices in the economy will likely persist…
QNB rolls out ‘Awesome Double Rewards’ offer
QNB Group, the largest financial institution in the Middle East and Africa, has launched an exclusive “Awesome Double Rewards” offer…
Saudi Arabia to allow foreigners to invest directly in debt instruments
The market regulator said in a statement that resident and non-resident foreigners will be able to invest in listed and…
Saudi bank assets, customer deposits jump despite COVID-19
Trust and confidence in Saudi Arabia’s banks have increased, with total assets and customer deposits rising in recent months despite…
Transfer pricing to take centre stage in Middle East taxation
As the global transfer pricing landscape becomes more sure-footed, businesses headquartered in the Middle East are still grappling with new…
First Abu Dhabi Bank to begin talks with Israeli banks
First Abu Dhabi Bank the UAE's largest bank by assets is planning to start talks with two Israeli banks, Bank…
German corporate sector increasingly looking at investment opportunities in Qatar, says envoy
Germany's corporate sector is increasingly looking at investment opportunities in the fast-growing Qatar and more firms are expected to establish…
Egypt’s external debt down to almost $111bn
The Central Bank of Egypt has announced, for the first time in years, a fall in the country’s external debt.…
Gulf investor with $540m in cash says M&A spree not over
International Holdings Company, which has quickly become the United Arab Emirates’ fourth-most-valuable listed company, isn’t done yet with a rapid-fire…
The Banker’s Top 100 Arab banks 2020
The ongoing consolidation of the Arab world’s largest banks and the meteoric rise of Egyptian lenders are two of the…