The rise of Muslim Millennials and what it means for Islamic finance
As time goes by, a new breed of young consumers has entered the stage, a generation with attitudes, behaviours, preferences…
Comment & Analysis
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UAE bank credit to industries hits $2bn in two months
Lending by UAE banks for industrial and business operations amounted to Dh7.4 billion ($2 billion) during the first two months…
GCC bank profits showed resilience in 2017 even as revenues fall sharply
GCC banks weathered the storm of slower revenue growth last year, posting 6 per cent profit thanks to lower costs,…
Qatar Central Bank says reserves ‘more than enough’ to cope with blockade
The Governor of the Central Bank of Qatar, Sheikh Abdulla Bin Saoud Al-Thani, has said that the bank’s reserves and…
UAE, Oman forecast to lead Gulf economic growth in 2018
Higher oil prices coupled with improved global economic conditions are expected to support growth momentum of the GCC countries, according…
Banks See Fast Pace for Mideast and Africa Deals in Bumper Year
Asset sales from Saudi power plants and football clubs to African energy firms are set to help deliver a bumper…
Business heads remain bullish about UAE's economic growth
Despite being cautious about their expectations of the growth in GDP in the coming year, business heads across the UAE…
Debt headache for Istanbul as S&P warns Turkish growth to plummet
Turkey’s growth could fall by almost 50 percent as the country grapples with inflation and a debt burden that could…
Tajikistan sees Kuwait as gateway to Arab world: minister
Kuwait acts as Tajikistan's gateway to the Arab region and its key partner in the Middle East region, Nizomiddin Zohidi,…
Trust in banking sector remains high at 68%, says UAE Banks Federation survey
The UAE Banks Federation (UBF) has unveiled the results of its 2017 Trust Index annual survey conducted by an independent…
Qatar’s top banks forecast to grow stronger in Q1, 18
Supported by strong balance sheet growth along with stable NIM (net interest margin), Qatari banks are expected to lead to…
Emirates NBD Egypt PMI™
March data pointed to easing inflationary pressures across the Egyptian non-oil private sector, with both input prices and output charges…