MUFG expects growth in real GDP in 2020 in the MENA region
An MUFG MENA Economic report issued ha sexpects a pick-up in MENA regional growth in 2020 despite heightened geopolitical tensions…
Market Forecasts
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New ecosystem for digital assets set to emerge in 2020
Investors of digital assets are extremely optimistic that 2020 will see the emergence of a strong ecosystem in the UAE.…
UAE Reviews Plans To Combat Terrorism, Money Laundering In February
The UAE has presented its plan to combat money laundering for the upcoming month of February, during a joint review…
Thinking the unthinkable: Lebanon’s sovereign debt default?
The unthinkable has finally happened in a secretive central bank’s digital ledger in the heart of Beirut. The rating…
Saudi Stock Exchange ''Tadawul'' Announces Its Board Composition
The Saudi Stock Exchange “Tadawul” had to announce the composition of the fifth term of its Board of Directors at…
Islamic Fintech to Advance More in 2020
A study called the Global Islamic Fintech Report recently revealed expectations for such companies in the coming year, said Salaam…
Top Turkish bankers paint rosy outlook for next year
Turkey’s most senior bankers said the outlook for the finance industry in 2020 is a positive one, thanks in part…
Margin pressures to moderate UAE bank profitability
Profitability of the UAE banks are expected to moderate in 2020 on the back of low interest rate environment and…
2020 outlook: How will Saudi stocks, banking sector perform
Saudi Arabia’s inclusion in the MSCI Emerging market index and the Aramco IPO will have a long-lasting positive effect on…
Sheikh Mohammed announces Dh196bn expenditure for Dubai over three years
Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai on Sunday announced a three-year fiscal plan for the emirate…
2019 sees foreign card payments increase by 83% in Turkey
Payments made with foreign bank cards increased by 83% in Turkey in the period of January to November…
Digital banking needs bank, IT firms teamwork
Bahraini businessman Yacoub Al-Awadhi stressed the importance of the efforts made by Bahraini banks to accelerate the process of digital…