UAE banks to benefit from public-sector loan growth in 2020
Profitability at the four largest UAE banks is set to remain resilient in 2020, as solid public-sector loan growth balances…
Comment & Analysis
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JPMorgan, Goldman Among Banks Vying for Arab Refining IPO
JPMorgan Chase & Co., Citigroup Inc. and Goldman Sachs Group Inc. are among the banks competing to advise Egypt’s Arab…
Moody's – UAE banks’ profitability to be resilient amid public-sector loan growth
Profitability at the four largest United Arab Emirates banks is set to remain resilient in 2020, as solid public-sector loan…
Corporate Crime update – Herbert Smith Freehills
Welcome to the Winter 2020 edition of our corporate crime update - our round up of developments in relation to…
Dire prospects await corporate climate-wreckers in 2030—study
Released the flagship GLOBE conference in Vancouver, findings of a new report “The Climate Decade: Ten Years to Deliver the…
Oil Is Now More Volatile Than Bitcoin
You know that the oil markets have truly gone to the dogs when they are suddenly riskier than one of…
Egypt’s microfinance balances jump 47% in 2019
The value of microfinance balances in Egypt rose by 47% year-on-year during 2019, head of the Egyptian Microfinance Federation, Mona…
Net Income of Al Baraka Banking Group reaches US$ 180 million in 2019, with total assets exceeding US$ 26 billion
Al Baraka Banking Group has achieved a net income of US$ 180 million in 2019, while net operating income reached…
UAE GDP grew 2.9% in 2019, says Central Bank
The UAE’s GDP is estimated to have grown 2.9 percent in 2019, according to the UAE Central Bank. According…
First Abu Dhabi Bank expects to finish due-diligence on Bank Audi's Egypt business by Q2
First Abu Dhabi Bank expects to decide whether it will buy Bank Audi’s Egyptian business in the second quarter, a…
Bank Audi Assembles $210 Million for Capital Increase
On February 20, 2020, Bank Audi S.A.L. raised more than US$ 210 million in cash. The Central Bank of Lebanon…
UAE leading $2.5bn Mena fintech market: experts
The UAE is leading the Mena region’s fintech market reaching a record-high of $2.5 billion by 2022, said industry experts…