MENA's Maturing Ecosystem
Once again this year, the digital economy of the Middle East and North Africa is set to break records. The…
Financial Results
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UAE federation highlights well-capitalised, highly liquid UAE banking sector
UAE Banks Federation, UBF, has officially released its annual report for the year 2018, shedding light on the significant progress…
UAE banks well-capitalised, says UBF
The UAE’s banking sector remains well-capitalised, highly liquid, sound and stable — all of which is solidifying the foundations of…
Dubai Islamic Bank narrows losses ahead of expansion
Dubai Islamic Bank (DIB) has narrowed its half-year losses by 11 percent to Sh403 million loss in the first six…
Leading the Egyptian market
The macroeconomic landscape in the region has been strenuous. How has the bank fared operating in current market conditions? …
UBF 2018 annual report highlights well-capitalised, highly liquid UAE banking sector
UAE Banks Federation has officially released its annual report for the year 2018, shedding light on the significant progress and…
Bank Muscat Money Market Fund records highest industry annualised return
Bank Muscat’s Money Market Fund recorded the highest industry annualised return of 3.27 per cent in June 2019, higher than…
Markaz: GCC markets feel the impact of trade war
Kuwait Financial Centre “Markaz” recently released its Monthly Markets Review report. Markaz report stated that GCC markets ended the month…
ADX index nearly flat after FAB gains
The Abu Dhabi bourse’s main index ended the day nearly flat on Wednesday after climbing 2.67 per cent a day…
Qatar’s reserve grew 18.8% in July
Qatar’s reserves grew 18.82 per cent year-on-year in July, setting a new record. According to data released by the…
Saudi Arabia: EXIM Bank Will Be Launched Within Months
Saudi EXIM Bank will start operating at the end of this year or during Q1 of 2020, as the bank…
EG Bank logs profit in H1
Egyptian Gulf Bank reported a 6% year-on-year profit growth during the first half of 2019. The lender’s profit after…