Saudi Arabia is stumbling in its efforts to build a global financial center
While it's working hard to diversify and modernize its economy, Saudi Arabia is stumbling in its effort to establish a…
Comment & Analysis
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Bahrain's currency peg likely to remain intact, but kingdom's banks face tough times ahead
After recent downgrades of the Bahrain government’s long-term issuer ratings, doubts have been expressed that a forthcoming aid package from…
Qatar pushing for financial inclusion and literacy
Qatar has taken many initiatives in financial inclusion and literacy by launching a national level strategy. The Qatar National Financial…
Long bank holidays send wrong signal to businesses
There is nothing wrong with taking a few days off from work. Everyone needs a break. But there is…
UAE companies' debt set to spike with new IFRS accounting rules
Most companies in the UAE are not ready for the International Financial Reporting Standards and those firms which are into…
Saudi Arabia’s Problem Is Capital, not Canada
As Saudi Arabia raises the stakes in its dispute with Canada, the economic fallout could worsen an already serious issue…
Here's where foreign real estate investors are buying in New York City
New York City has one of the most expensive real estate markets in the world, a distinction earned via a…
Local banks lower investment in T-bills during H1 2018
Local banks lowered their investments in treasury bills (T-bills) during the first half of 2018, recording about LE 665 billion,…
The Effects of Expats’ Departure on Real Estate Market in Kuwait
A number of real estate experts affirmed that the recent departure of a large number of expatriates from the country…
Burgan Bank’s operations in Turkey fully hedged against lira fluctuations
Burgan Bank Group commented yesterday, in light of the current situation in Turkey, that Burgan Bank A S – Turkey…
Saudi banks see no significant impact from lira depreciation
There has been no significant impact from the depreciation of the Turkish lira on the results and quality of Saudi…
UAE’s top-four banks to maintain stable profitability into 2019, report says
The UAE’s top four banks have performed well in the second quarter of this year on the back of higher…