Some investors turn cautious on Egypt's lucrative carry trade
Some foreign investors are becoming cautious about buying domestic Egyptian treasuries due to jitters over emerging markets and the sustainability…
Comment & Analysis
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Commercial Bank of Dubai PSC's investors will be pleased with their 3.6% return over the last five years
Ideally, your overall portfolio should beat the market average. But even the best stock picker will only win with some…
Fitch revises Oman's outlook to Stable; affirms at 'BB-'
Hong Kong : Fitch Ratings has revised Oman's Outlook to Stable from Negative while affirming the sovereign's Long-Term Foreign- and…
Central Banks In Action Mode
Central banks are raising rates and paring bond buying in their attempt to rein in inflation The market now expects…
Ultra-wealthy buyers enable Dubai property sector to escape six-year slump
Dubai’s property sector has been an unlikely beneficiary of COVID-19, with the ongoing pandemic sparking a long-awaited turnaround in 2021.…
Turkish finance minister briefs banking sector on new economic model
Turkey's Finance Minister Nureddin Nebati has briefed the country's banking association, BDDK banking watchdog and state bank managers on the…
Open banking provides opportunities for consumers, financial institutions and fintechs
The digitisation of financial services is increasingly challenging the banking status quo, empowering customers to do more within their bank’s…
Expanding African footprint is still part of our strategy, says CEO of CIB
E-commerce and FMCG are driving activity at Egypt’s Commercial International Bank (CIB) while technological improvements remain a priority, according to…
A year the tide turned in the fight for tax justice
As 2021 draws to a close, we wanted to take a moment to reflect upon the tax justice highlights of…
Sustainability-linked debt market to bridge climate funding gap
While green bonds have found early favour with green projects financing, it is inadequate to meet the entire climate funding…
Lebanon's central bank will start selling US dollars to commercial banks at Sayrafa rate- statement
Beirut- Lebanon's central bank will start selling U.S. dollars to commercial anks at the rate of its foreign exchange platform,…
Egypt's central bank keeps key interest rates unchanged
Egypt's central bank kept its key interest rates unchanged on Thursday, the bank said in a statement. All 15…