Gulf Finance reports positive sentiment amongst the UAE SME sector in Q1 2015
Key Highlights * Improved payment collection indicating strong growth in economy * Higher orders demonstrates a much improved…
Market Forecasts
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Standard Chartered to boost retail banking earnings to up to 50% of group’s operating income
Standard Chartered said it would focus on providing more financial services to wealthy individuals in some of the world’s fast-growing…
Dubai delegation visits India to promote collaboration between financial centres
A senior delegation from Dubai, led by the Chairman of the Dubai Financial Services Authority (DFSA), Mr Saeb Eigner, met…
Banque du Caire targets EGP 2bn increase for retail portfolio by end of 2015: Hussein
Banque du Caire is targeting an increase of partial loans by EGP 2bn by the end of this year, to…
Egyptian economy one of ‘best in the Middle East:’ QCB Investment Funds Director
The Egyptian economy is “one of the best in the Middle East,” Abdullah Rashid al-Mara, the Corporations and Investment Funds…
Bahrain real GDP growth reaches 4.5% in 2014
Economic Development Board , 26th April 2015: Bahrain's real GDP growth reached 4.5% in 2014 according to the latest Bahrain…
Resilient economy boosts bank profits in first quarter
Nearly Half a dozen banks that reported their 2015 first quarter results on Wednesday showed the strong resilience of the…
Al Marzouk Praises Turkish Gov. Endeavor to Develop Cconomy & Attract Investors
Kuwait Finance House Chairman Mr. Hamad Abdul Mohsin Al Marzouk praised Tukish Gov. endeavor to attract investors especially Kuwaitis and…
Hamdan bin Mohammed Approves Series of Islamic Initiatives
His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Dubai Crown Prince and Chairman of the Dubai Executive Council,…
Moody's: Saudi Arabia's fast-growing insurance market has untapped potential
The report says Saudi Arabia's insurance market had premiums worth $8.1 billion in 2014, the second biggest in the GCC. …
Bahrain 'a vibrant, low-cost gateway to GCC'
Bahrain’s Economic Development Board has reported continuing success in positioning Bahrain as a vibrant high-value, low-cost gateway to the GCC.…
The IMF and the Arab Monetary Fund enhance cooperation
The Arab Monetary Fund (AMF) and the International Monetary Fund (IMF) have pledged to deepen their cooperation in order to…