Saudi market opening for direct access a further boost to MENA
Following a cabinet approval, the largest equity market in the MENA region, the Kingdom of Saudi Arabia, should soon become…
Market Forecasts
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Qatar GDP growth expected to remain near 6.4 pct in 2014 – NBK
Qatar's GDP growth is likely to remain near 6.4 percent this year, increasing to 7 percent in 2015, the weekly…
Middle East Seen Gaining Gold Share as Trading Expands
The Middle East will take a bigger share of gold demand as buyers from Kuwait to Saudi Arabia to the…
Jordan’s banking industry on firm footing
While Jordan’s economy remains weighed down by a number of challenges, the banks continue to perform strongly, with intended new…
Islamic banking held back by lack of liquidity in market
Fadi Yazbeck, Product Manager for Islamic Banking at Temenos, represented technology vendors at the Dubai Islamic Economic Roundtable Series 2014…
NBB reports BD 28.74 m profits in the first half, up by 7.4%
The National Bank of Bahrain (NBB) recorded a Net Profit of BD 28.74 million (US$ 76.44 million) for the six…
Jordan’s banks continue to perform strongly
While Jordan’s economy remains weighed down by a number of challenges, the banks continue to perform strongly, with intended new…
Dubai Chamber report highlights growing popularity of Islamic finance over conventional sector
As the emphasis on low risk product alternatives kept the sector insulated from the financial meltdown, Islamic banking products and…
UAE Islamic banking assets crossed $95b in 2013
The UAE is emerging as a serious player in the Islamic banking market with total Islamic banking assets growing to…
Islamic Finance: Dominating The Global Banking Industry
The Islamic financial industry is flourishing – and not just in the Middle East. Barry Cosgrave, senior associate in the…
World Bank launches a Survey on Lebanon's and Tunisia's High-Skilled Diaspora Returnees
As part of a new project, Integrating the Middle East and North Africa (i-MENA) aiming to foster MENA global integration,…
Global Wealth 2014: Riding a Wave of Growth
The global wealth-management industry delivered a few surprises in 2013. Excellent growth did not always translate into higher profits. The…