Major Mena banks to post 29% jump in fourth- quarter earnings, EFG Hermes says
Major banks in the Middle East and North Africa are expected to post a 29 per cent annual increase in…
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GCC consumer sentiment remains relatively unaffected by global agitators, says new D/A report
According to the latest research by leading consumer intelligence platform, D/A, owners of Sila, an Arabic-native, AI-enabled consumer intelligence platform,…
Climate failure and social crisis top global risks 2022
Global survey of experts finds only 1 in 6 are optimistic and only 1 in 10 believe the global recovery…
ADIB Egypt raises capital of its consumer finance company to $1.90mln
Abu Dhabi Islamic Bank (ADIB) Egypt has announced an increase in the issued and paid-in capital of the Abu Dhabi…
UAE economy shifts course from recovery to solid growth
For nearly two years, the UAE economy has been cautiously charting its course through a massive global economic turbulence caused…
Digital transformation of banks: A long road to big rewards
In last year’s EFMA Infosys Innovation in Retail Banking survey of more than 1,000 bankers, 14 per cent said that…
Strategy& reports investigates the rise of the Chief Data Officer
While much has been made of the emerging Chief Data Officer role, very little data tracking has been performed on…
Dubai Free Zones Council explores facilitating opening business bank accounts for SMEs
The Dubai Free Zones Council (DFZ Council) held its 19th meeting, headed by H.H. Sheikh Ahmed bin Saeed Al Maktoum,…
Saudi real estate sector on recovery path, says report
Saudi real estate sector continues to recover with an expectation of a revival in the kingdom's GDP growth driven by…
Financial soundness of UAE banks robust, says central bank
The aggregate data on the UAE’s banking sector for the first nine months from the Central Bank of UAE (CBUAE)…
UAE central bank expects economy to grow 4.2% in 2022
The Central Bank of the United Arab Emirates said it expects the UAE economy to grow 4.2% in 2022, accelerating…
NBE manages 51 financing deals worth over EGP 235bn in 2021
Bloomberg has announced that the National Bank of Egypt (NBE) has won the first place as the top bank acting…