Top ten UAE banks’ Q2 profits surged 21.2 per cent compared to Q1
Top 10 UAE banks posted a 21.2 per cent jump in their net profits for the April-June quarter compared to…
Comment & Analysis
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UAE bank profits signal slow recovery for Q3: A&M
While the top UAE banks reported a peripheral increase in profitability, the outlook for the domestic banking sector still remains…
Is Bahrain partially turning the corner financially?
Bahrain is strapped for cash and will seek financial support from neighboring GCC countries amid the double whammy of low…
Manama ranked most financially attractive city in the world
Manama has topped the list of the world’s most financially attractive cities, with Riyadh, Kuwait City, Abu Dhabi Dubai and…
The Country Has A Task Ahead To Lure Global Investors
Al Razzaz’s rationales to make such a claim could be many, including spreading positivity among Jordanians and scaling-up the country’s…
Sanctum Wealth: Fuzzy Markets
Economic data shows that investors have to keep half an eye on a slowdown. European and Japanese confidence data fails…
Amlak Finance sells 1.13mln shares
Amlak Finance has sold 1.127 million of its shares at a price of AED 0.3355 per share. The sale…
Ras Al Khaimah reduces license renewal fees, waives fines in new COVID-19 relief measures
Ras Al Khaimah has exempted certain commercial activities hit by the lockdown and other precautionary measures to benefit from reduced…
Bahrain raises debt ceiling to finance public spending – cabinet
Bahrain's government has raised its debt ceiling to 15 billion dinars ($39.79 billion) from 13 billion dinars to help finance…
Middle East is only getting started on its online ways
Driven by rapid digitisation, the retail industry has experienced a shift of unparalleled proportions. And the true impact of e-commerce…
Businesses cannot hide behind COVID-19 for awful consumer experiences
There is an unreported side-effect of COVID-19... and from what I can see, there’s no let-up in sight. Before you…
Can Saudi Aramco keep its pledge to investors in its 1.5% share sale IPO?
Saudi Aramco is no longer the world’s most valuable company in the world. Apple is. Give Apple credit…