UAE-Israel treaty will boost trade, drive real estate market
Dubai real estate sector seen to benefit most; more investment set to be attracted from untapped market in region …
Comment & Analysis
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UAE unveils future energy, infrastructure roadmap
The UAE government has announced the "Road Map for Leadership in the Energy, Infrastructure, Housing and Transport sectors" to define…
Lebanese central bank tells banks to provision for 45% loss on Eurobonds
The Lebanese central bank has told Lebanese banks to provision for a 45% loss on their Eurobond holdings, according to…
Qatar's banking sector remains ‘heavily targeted’ sector for cyberattacks: QCB
Qatar's banking sector remains a “heavily targeted” sector for cyberattacks, Qatar Central Bank said and noted phishing attempts and user…
EG Bank H1 profit increase
Egyptian Gulf Bank (EG Bank) reported a 5% Year on Year rise in its consolidated net profit in the first…
Controversy Erupts Over Stanley Fischer’s Candidacy for Israel's Bank Hapoalim Board
Plans by Stanley Fischer, the former Bank of Israel governor, to return to the Israeli banking scene, after several years…
Saudi inflation to hover between 4% and 6% y-o-y in coming 12 months – MUFG
Saudi headline annual inflation rose from 0.5 percent year-on-year (y-o-y) in June to 6.1 percent y-o-y in July, the highest…
Bank Muscat holds its monthly draw for Asalah, Al Jawhar customers
Bank Muscat has held its monthly draw for Asalah and Al Jawhar customers and holders of Zeinah, Shababi and Children’s…
Israeli tech's 'thirst' for UAE cash must overcome old enmity
A thaw in relations between Israel and the United Arab Emirates has raised expectations of an influx of funding in…
Behind the Idea: Emirates NBD
Since the merger between Emirates Bank International (EBI) and the National Bank of Dubai (NBD) in 2007, Dubai-headquartered Emirates NBD…
Worst is over, GCC economic recovery picks up steam
Economists say that the worst is behind us as recovery gains ground - steadily, albeit at a slow pace -…
Turkey’s state-run lenders more than double net profits in H1
Turkey’s three largest state-run banks have managed to more than double combined net profit from January through June of this…