Moody’s reports softening conditions for Omani banks
It is not a credit rating action, but Moody's has today changed Oman's banking system's outlook from stable to negative,…
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Bank lending in UAE sees slowest pace of growth in September
Bank lending growth in the UAE slowed to seven per cent on an annual basis during September, from 8.6 per…
GCC Islamic banking to grow despite economic uncertainty: Ernst & Young
The GCC Islamic banking profit pool crossed US$12bn for the first time in 2014, found an EY report, which expects…
Moody's wins two awards as the 'Best Islamic Rating Agency 2015'
Moody's Investors Service has announced that it has been recognised as 'Best Islamic Rating Agency 2015' both by the Islamic…
Gulf's private-sector growth slows as price of oil falls
The private sector in the two biggest Gulf Arab economies grew at the slowest pace in years in October, corporate…
Challenging time for IPO's in the GCC – PwC
The revival of investor sentiment and interest in Initial Public Offerings in the Gulf Cooperation Council countries experienced in 2014,…
Old School Asset Managers, Meet New SWFs
Some of the world’s largest investors, including sovereign wealth funds, have brought asset management in house in recent years, putting…
UAE, Qatar among top valuable nation brands
The UAE and Qatar both feature in the top 10 list for nation brand strength, placing third and ninth respectively,…
China must avoid repeating US mistakes in the Middle East
Reports of Chinese naval activity near the Syrian coast in September triggered speculation that Beijing might be preparing to step…
Egypt's Banque Misr to complete $250 mln 3-yr loan in Dec -chairman
Banque Misr expects to complete procedures next month to obtain a $250 million loan of three years duration, using it…
Saudi Arabia Said to Create Special Office to Help Cut Spending
Saudi Arabia is creating a special office to tighten oversight of government spending as the country grapples with sliding oil…
International Investment Bank announces two investment exits, eyes new opportunities
International Investment Bank announced its exit from real estate investments in the United Arab Emirates and Germany for a combined…