Bahrain pays back $1.25bln in bonds – statement
Bahrain has paid back $1.25 billion in bonds that matured on March 31, the Ministry of Finance and National Economy…
Comment & Analysis
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Coronavirus Poses Downside Risks to Jordanian Banks
The spread of the coronavirus will add pressure to Jordanian banks and to the challenging domestic operating environment that was…
ADCB exposure to NMC Health could top $1b
Out of the $6.6 billion NMC Health has to pay off banks, the Abu Dhabi Commercial Bank’s exposure alone could…
Adnoc Distribution raises dividend to Dh2.57b
Adnoc Distribution raised its dividend payout to Dh2.57 billion, an increase of 7.5 per cent over last year. This was…
Coronavirus: global economy could be in recovery mode within SIX MONTHS – but on two conditions
The global economy is likely to be headed for recovery from a coronavirus-triggered downturn within six months – but only…
Islamic finance to expand in 2020 as demand for Shariah-compliant products grows
Islamic finance is poised to expand in 2020 and beyond, helped by growing use of Shariah-compliant products in the GCC…
Survival of the fittest: Good governance and transparency in the workplace
Let there be no doubt, being a founder is no joke. Even in the best of economic and geopolitical climates,…
Beyond coronavirus: The path to the next normal
The coronavirus is not only a health crisis of immense proportion—it’s also an imminent restructuring of the global economic order.…
Ezdan Holding posts QR309.2mn net profit in 2019
Ezdan Holding Group has posted a net profit of QR309.2mn in 2019 compared with QR433.7mn in 2018, the company announced…
COVID-19 response: Saudi Arabia tells banks to go easy on loans
Saudi Arabia’s central bank is ordering lenders to provide concessional loans to businesses grappling with the fallout of the coronavirus…
Bahrain-based Benefit posts $8.8mln net profit
Benefit, the main handler of the country’s electronic fund transfers and ATM transactions, has reported net profit of BD3,327,998 for…
COVID-19: Dubai to inject new equity into Emirates airline
Dubai's Crown Prince Sheikh Hamdan bin Mohammed said on Tuesday the government is committed to fully support Emirates airline and…