Loans get cheaper in UAE
The Central Bank of the UAE on Wednesday said that it was cutting interest rates applied on the issuance of…
Comment & Analysis
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Kuwait central bank decides to keep discount rate unchanged
Kuwait’s central bank said on Wednesday that it had decided to maintain its discount rate unchanged at its current level…
QDB total assets rise to QR11bn in 2018 on credit growth: Qatar Central Bank
Driven by a growth in credit facilities, State-owned Qatar Development Bank’s total assets exceeded QR11bn last year compared to QR10.2bn…
Why are UAE shoppers staying away from gold?
Shoppers in the UAE are staying off gold as prices stick to levels well above Dh155 a gram. Even the…
UAE, Saudi, Bahrain cut rates after Fed's signal
Saudi Arabia's central bank said on Wednesday it had cut key interest rates to preserve monetary stability, after the Federal…
As Fed cuts interest rates UAE and other GCC central banks follow suit
The Central Bank of the UAE and other Gulf regulators cut benchmark interest rates following the US Federal Reserve's decision…
Saudi Arabia's gold mine projects spark market interest as prices rise
Gold market sources are awaiting with interest Saudi Arabia's new forays into gold production, on the back of a new…
Saudi banks’ investments in government bonds rise 23.7% in H1
Saudi banks increased their government bond holdings by 23.68%, or SAR 67.33 billion, year-on-year during the first six months of…
Gold funds shine with 16.83 per cent returns in a year. But will the lustre last?
The yield from gold funds offered by mutual fund houses has touched 16.83 per cent in the 12 months ending…
Intelligent Automation Is the Next Step to Working Like Tomorrow, Today
Organizations depend on a variety of processes to get things done, including opening new customer accounts, financial reporting, and tracking/scheduling…
Africa and the Middle East: keys to prosperity
If you want to understand our collective future, look no further than Africa. Let’s start with the obvious, Africa’s demographics.…
GCC and Egypt Economic Outlook Hinges on Continued Reforms NBK Research
The GCC and Egypt’s economic growth and public finances improved in 2018 amid higher oil prices, infrastructure development, diversification programs…