GCC bank profits, credit quality face risk from virus
Banks and financial institutions across the Gulf Cooperation Council are expected to experience relatively muted direct impact of the coronavirus…
Comment & Analysis
9436 articles found
UAE central bank to revise 2020 growth forecast due to coronavirus
The United Arab Emirates’ central bank will reassess its forecast for economic growth in 2020 due to the coronavirus outbreak,…
Phenomenal show by JACC “Kuwait Calling”, sponsored by NBK
Al Mattar: Sponsoring Kuwait Calling highlights NBK’s support in promoting the celebratory expression of Kuwait’s history and heritage shown in…
Coronavirus: UAE banks told to suspend, reschedule loan EMIs
The Central Bank has advised UAE banks to grant temporary deferrals on monthly loan payments and reduce fees and commissions…
Edamah signs property management agreement with Bahrain development bank to manage and operate Sitra mall
Bahrain Real Estate Investment Company (Edamah) has signed a property management agreement with Bahrain Development Bank whereby Edamah will take…
Dubai Islamic postpones sukuk amid coronavirus volatility: sources
Dubai Islamic Bank has postponed a planned issuance of U.S. dollar-denominated sukuk due to market conditions resulting from the new…
Norway’s sovereign fund raises investments in GCC markets
Norway’s sovereign wealth fund, the largest in the world, increased its investments in the GCC region by 15.2% or $440…
How Can Brands Boost Immunity Against the COVID-19 Virus
At the end of February, the situation now in China is seeing signs of early spring, as workers return back…
Islamic finance in Qatar is witnessing 'unprecedented' expansion, says al-Kuwari
Islamic finance, which is a key economic pillar of Qatar, has been witnessing an 'unprecedented expansion and the assets within…
Saudi Aramco starts early preparations for an overseas listing
Saudi Aramco is starting early preparations for an international listing, just months after the oil giant turned its record initial…
Lebanon has more to worry about than $31bn maturing Eurobonds
Lebanon has a lot more than just maturing Eurobonds to worry about. In addition to $31bn of those, the…
Revealed: Most popular projects in Dubai for off-plan sales in 2019
Dubai witnessed strong off-plan property sales in 2019, with the volumes during the first nine months of the year alone…