Fitch downgrades 11 Kuwaiti Banks
Fitch Ratings has downgraded 11 Kuwaiti banks' Long-Term Issuer Default Ratings (IDRs). Their Outlooks are Stable. The banks are…
Comment & Analysis
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Seven Emirati women named among Forbes' most influential businesswomen in MENA
Seven Emirati women were named among this year’s list of MENA’s most influential and successful businesswomen by Forbes that featured…
Invesco sees a boost in Shariah-related investment products in 2022
Looking ahead to 2022, Invesco experts expect to see a continued growth of opportunities for investors looking for Shariah-compliant investment…
Corporate Social Responsibility programmes in Banking sector reached EGP 4.608bn in 2021: CBE Governor’s Advisor
Lamise Negm, Advisor to the Governor of the Central Bank of Egypt (CBE) for Corporate Social Responsibility (CSR), & Head…
HSBC committed to supporting Egypt’s sustainable development: CEO
Todd Wilcox, CEO and Deputy Chairperson of HSBC, said the bank has a long history of supporting national development in…
UAE property market may face ‘some headwinds’ in 2022 as payment plans tighten
Activity and performance are expected to continue to strengthen across all sectors in the UAE property market this year although…
GCC corporate tax rates are still attractive to foreign companies
Offshore centers have always competed with each other to attract business based on location, the ease of doing business and…
Non-energy growth eases at start of 2022, but remains strong
Purchasing Managers’ Index (PMI) survey data from Qatar Financial Centre (QFC) continued to signal strong growth in the non-energy private…
Oman Banks Association holds its first meeting of 2022
Oman Banks Association (OBA), held its Board of Directors meeting on February 2, 2022. Chaired by Mr. Abdul Hakeem Al…
Will a new tax dent business-friendly Dubai?
Almost 90% of Dubai's population is made up of foreigners who flocked to the Gulf business hub for its yearlong…
Egypt's business conditions deteriorate amid high prices, weak demand
Business conditions in Egypt’s non-oil private sector economy deteriorated in January amid weaker demand and inflationary pressures, according to a…
Business activity in Arab world's largest economies continued to improve in January
Business activity in the non-oil private sector economies of Saudi Arabia and the UAE continued to expand in January, although…