BNP, Citigroup among most exposed in Mideast’s biggest default
BNP Paribas SA and Citigroup Inc are among global banks with the most exposure to about $14 billion (Dh51.4 billion)…
Comment & Analysis
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Kuwait proposes budget with wider $30.3bn deficit
Kuwait on Tuesday unveiled budget proposals that forecast a wider deficit for the year starting April 1, outlining fiscal plans…
How Saudi, UAE banks are likely to perform in 2020
While banks in Saudi Arabia and the United Arab Emirates can look forward to burgeoning loan growth in 2020, higher…
Egypt’s central bank seen making fourth consecutive interest rate cut
Egypt’s central bank is likely to cut interest rates for a fourth consecutive time on Thursday, a Reuters poll showed,…
What Businesses Need To Know About Hybrid Cloud
More business are moving their operations to the Cloud. Hybrid Cloud Adoption is expected to accelerate this growth at a…
The DFSA signs guiding principles on sustainable finance together with leading authorities in the UAE
The DFSA, together with a group of leading authorities in the UAE, has published the UAE’s first Guiding Principles on…
Gulf states learn virtue of shared interests
We do not have to repeat what the former British Prime Minister Winston Churchill said. Churchill had advised to put…
KKR Closes $2.2 Billion Next Generation Technology Growth Fund II
KKR, a leading global investment firm, has announced the final closing of KKR Next Generation Technology Growth Fund II (“NGT…
Bank for International Settlements to grow membership roster
The Bank for International Settlements is to expand its central bank membership base and to increase collaboration in its work…
Will UAE real estate deals increase in 2020?
Mortgage enquiries for lower priced properties in the UAE have increased by 59 percent between 2018 and 2019, thanks to…
Are Corporate Actions Being Treated Fairly? by William Rouse, Contemi
The relationship between the financial markets and the investor is quietly, but fundamentally, changing. A series of regulatory changes has…
Cybersecurity Threats Call for a Global Response
Last March, Operation Taiex led to the arrest of the gang leader behind the Carbanak and Cobalt malware attacks on…