Global Islamic finance assets to rise by $3.69tr in 2024
Global Islamic finance assets is projected to grow by $3.69trillion in 2024, Ridwan Sanusi, a financial investment professional as well…
Market Forecasts
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Egypt is a very dynamic market with great potential: HSBC Egypt Chairperson
Nasser Al-Shaali was appointed Chairperson of the Board of Directors of HSBC Bank Egypt as of 22 September. In…
Q3 growth rate in Saudi Arabia to reach 5.7%: Capital Economics
Saudi Arabia’s economy is expected to have grown by around 5.7 percent in this year's third quarter thanks to a…
Egyptian banking sector pumps $178bn into the economy
The Egyptian banking sector has pumped EGP 2.8 trillion ($178 billion) into the Egyptian economy this year, Head of Egypt's…
Turkey carries strong growth momentum into 2021, EBRD says
EBRD expects Turkey’s economy to grow 9 per cent in 2021 and 3.5 per cent in 2022 Growth supported by…
Bahrain announces 5-pillar new growth strategy
Bahrain has announced a new national economic growth and fiscal balance plan with the aim of enhancing the economy’s long-term…
UAE economy will have robust, multi-year growth: ADIB chairman
The chairman of Abu Dhabi Islamic Bank said the bank expects the UAE economy to have robust, multi-year growth. The…
Bahrain details fiscal balance plan as zero-deficit target delayed to 2024
Bahrain on Sunday gave details of a new economic growth and fiscal balance plan that pushes a zero-deficit target back…
BNY Mellon sees Middle East outpacing growth of global business over next five years
BNY Mellon, the US bank which manages more than $2.3 trillion of assets, expects its Middle East business to outpace…
Gen Z: How to win the next generation of wealth? Key opportunities revealed
Years have passed since the Millennial generation brought the ticket for the financial industry, and now that they are well…
Before Lebanon's Current Financial Crisis, Central Bank Faced a $4.7 Billion Hole in Reserves
Lebanon's central bank had a $4.7 billion hole in its reserves by the end of 2015 that was not disclosed…
UAE banking official says banks' assets to grow 8% in 2022: Al Arabiya
Emirati banks' assets are expected to grow 8% in 2022, Dubai-based Al Arabiya TV channel cited the head of the…