Aramco makes $11.8bn in third quarter as economic activity improves
Saudi Aramco, the world’s biggest oil company, reported a better performance in the third quarter of 2020, but was still…
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QNB sponsors annual Qatar Sustainability Week
QNB Group, the largest financial institution in the Middle East and Africa, has announced its sponsorship for Qatar Sustainability Week…
Qatar, Kazakhstan to boost trade ties
Minister of Commerce and Industry, H E Ali bin Ahmed Al Kuwari, received yesterday, in his office Kazakhstan’s Minister of…
Saudi Arabia’s PIF Continues to focus on Acquisitions in the Indian Private Sector
Saudi Arabia’s Public Investment Fund is continuing to focus on acquisitions in the Indian private sector. It recently invested…
UAE and Saudi budgets revealed: Which nation is richest in the Middle East?
UAE's budget has been announced to be slightly lower than last year's while Saudi's preliminary budget was anticipated to be…
Keeping it in the family
Many billions in assets are held globally by structures in the British Virgin Islands (BVI) designed for wealth and succession…
Suitable Housing For Bahraini Citizens
Local banks have launched special financing offers for citizens of the Mazaya Social Housing Program to purchase residential villas in…
The property leads Abu Dhabi market to gains of 3 billion…
The pace of the rise in the Abu Dhabi Securities Market increased during today’s session, with the support of the…
Shuraa Group: Going the extra mile to support SMEs
The pandemic has not dampened the entrepreneurial spirit of the UAE, with new entities keeping business consultants busy as usual.…
DFSA enforcement action against Al Masah upheld
The Financial Markets Tribunal (FMT), a specialist independent tribunal, has affirmed a decision by the Dubai Financial Services Authority (DFSA)…
Kuwaiti Banks' Asset Quality and Profitability Under Pressure
Kuwaiti banks' standalone credit profiles are likely to weaken further as a result of the coronavirus crisis and lower oil…
Net foreign assets of Egypt’s banking sector up $3.30bln in September
The net foreign assets of Egypt’s banking sector increased by the equivalent of about EGP 51.958bn during September 2020, the…