Investors repose confidence in Dubai's resilient economy
A record surge in the number of new trade licences issued in Dubai in 2019, in spite of a discernable…
Financial Results
4429 articles found
GCC sovereigns’ fiscal reforms progress to remain slow
Moody’s said that GCC sovereigns’ 2020 outlook is negative due to slow fiscal reform progress, weak growth, and higher geopolitical…
Steady expansion in banks' financial position: healthy growth in money supply, thanks to positive nominal GDP outlook: Beltone
Beltone Financial Investment Bank said in its 2020 yearbook that, despite the weak growth in banks' financial position during 8M19,…
Saudi economy to grow 1.9% in 2020 – World Bank
The gross domestic product (GDP) of Saudi Arabia is forecasted to achieve a growth rate of 1.9% during 2020, compared…
World Bank Slashes MENA Growth Forecast Due to Geopolitical Tensions
The World Bank, on Wednesday, slashed the growth forecast for the UAE, GCC, and Middle East and North Africa (Mena)…
Moody's affirms Boubyan Bank’s ratings, outlook
Moody's Investors Service has maintained Boubyan Bank’s baseline credit assessment at ‘ba1’ and its outlook as ‘Stable’. Meanwhile, the…
5 ETFs to Profit From Rise in Middle East Tension
Geopolitical tensions flared up once again with the escalation in the Middle East conflict that drove demand for safe haven…
81% of Azizi Developments' inventory is pre-sold
Azizi Developments, had sold a whopping 81 per cent of its inventory across its 54 ongoing projects in Dubai, as…
Investors return strongly as Dubai property transactions hit 11-year high
Investors and buyers cashed in on lower property prices in Dubai as the number of transactions jumped 20 per cent…
Credit granted to Islamic banking entities reach OMR3.9 billion
Islamic banking entities provided financing to the extent of OMR3.9 billion at the end of October 2019 as compared to…
CBO total foreign assets rose 2.9% by October-end 2019
Total foreign assets of the Central Bank of Oman rose by 2.9 per cent, reaching OMR6.26 billion compared to the…
Qatar, Australia trade reaches new heights
Australia’s annual bilateral goods and services trade with Qatar has reached a new all-time high of QR5.8bn, according to the…