Qatari riyal strengthens amid GCC crisis
The Qatari riyal has strengthened against the US dollar in the forward market after two days of sharp falls caused…
Financial Results
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Islamic banks in the GCC face a tough year ahead
Islamic banks in the GCC are expected to face a tough year ahead as the slowdown in asset growth is…
Egypt’s reviving tourism to prop up banking sector: Moody’s
A 51 percent year-on-year increase in tourist arrivals in the first quarter of 2017 is likely to prop up the…
Turkish PM warns banks to cut interest rates or gov't will 'take its own measures'
Prime Minister Binali Yıldırım on June 21 urged Turkey’s banking sector to cut interest rates, saying if it does not…
Bahrain Private Wealth to Reach $200 Billion
Overall growth of private wealth in Bahrain is expected to increase steadily to 4.5% compound annual growth rate and reach…
Millionaire households in UAE set to rise by 4.8%
The UAE will see the size of personal fortunes held by residents, as well as the number of millionaires, rise…
TechPreneur Africa and Abu Dhabi sign fintech start-up support agreement
TechPreneur Africa, an organization dedicated to supporting financial technology firms and entrepreneurs that want to increase financial inclusion and opportunities…
Saudi's private wealth expected to be highest in GCC over next five years
Private wealth growth in the Kingdom of Saudi Arabia witnessed a slight increase in 2016 (3.1 percent). It continues to…
UAE leads GCC in private wealth growth
Private wealth in the UAE, which hosts one of the highest densities of the world's super rich, is projected to…
UAE banks grow loan books, revenues in face of margin pressure
The UAE banking sector has seen margins remain under pressure despite a number of banks witnessing improved lending and revenues…
Qatari banks fall after UAE red flag, Dubai's Emaar climbs
Shares in Qatari banks fell in early trade on Sunday after the central bank of the United Arab Emirates ordered…
Gulf mixed in early trade; Qatar National Bank slides
Gulf stock markets were narrowly mixed in early trade on Tuesday although Qatar National Bank , the region's largest lender,…