S&P sees Turkish banks' bad loans doubling in next 12-18 months
Rating agency S&P Global expects the amount of bad loans on Turkish banks’ books to double over the next 12-18…
Market Forecasts
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The asset quality of GCC banks is quite sound: Al-Marzouq
Kuwait Finance House KFH’s Chairman Hamad Al-Marzouq said that the overall financial position of the GCC banks is positive with…
Private sector corporates lead UAE’s credit growth
The UAE’s credit growth saw a solid rise in October, largely driven by improving credit demand from the private sector…
Fintech to account for 8% of Middle East financial services revenue by 2022: report
The fintech sector in the Middle East and Africa is forecast to make up 8% of financial services revenue by…
Conventional bank assets reach AED 2.26tr in UAE
The assets of UAE conventional banks stood at AED 2.268 trillion at the end of October 2018, accounting for 80…
Emaar Properties tumble to 33-month low as margins feared
The selling intensity on the Dubai bourse is increasing by the day. Emaar Properties hit its lowest level in…
Egypt falls for fifth day, banks boost Qatar
Egypt's blue-chip stock index fell for a fifth straight day on Monday, while Saudi Arabia edged up as oil prices…
Revealed: Top 10 companies in Saudi Arabia in 2018
Saudi Arabia’s Tadawul, which had a good first half registering double digit gains consequently pared down its gains as the…
Gulf drops on oil, weak global trend; banks hit Abu Dhabi
All major Gulf stock markets fell on Tuesday with Abu Dhabi suffering its biggest one-day drop since June as bank…
Heavyweights lead UAE indices decline
Heavyweights like Etisalat and First Abu Dhabi Bank, Emaar Properties and Emirates NBD contributed to heavy losses on UAE indices…
Bahraini banks post $873m nine-month profits
Bahrain's seven local retail banks listed on the Bahrain Stock Exchange posted a net profit of $ 873 million in…
Gulf clients are ‘poorly prepared’ for wealth transfer
The majority (92%) of Gulf Cooperation Council based wealth management practitioners believe high net worth clients in the region are…