UAE a key Middle East stop along China’s Silk Road initiative
The UAE’s trade with China shas grown substantially since His Highness Shaikh Mohammad Bin Zayed Al Nahyan, Crown Prince of…
Market Forecasts
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UAE banks continue to perform well, with higher profitability
Leading global professional services firm Alvarez & Marsal has released its latest UAE Banking Pulse for Q1 2018, showing that…
Testing times ahead for Turkey’s financial system
A widening current account deficit, raging inflation, a plunging lira and the recent appointment of a new cabinet with more…
Lebanon Central Bank head expects economy to grow 2% in 2018
Lebanon’s Central Bank Governor Riad Salameh said on Thursday he expects the economy to grow 2 per cent and for…
Outlook for Bahraini banks remains negative: Moody’s
The outlook for the Bahraini banking system remains negative, as constrained government spending will weaken economic growth, said Moody's Investors…
80pc of transactions will be digital in three years, says expert
Eighty per cent of the bank transactions from 2021 onwards could be digital in Bahrain if current advancement in technologies…
UAE to act as 'beating heart' of financial innovation in Middle East
The UAE is ideally positioned to serve as the ‘beating heart’ of a regional innovation hub; according to a new…
Bahrain financial support likely to be 'conditional and explicit'
Saudi Arabia, Kuwait and the UAE are likely to make financial support to Gulf neighbour Bahrain conditional and explicit as…
Kuwait lawmakers pass deficit budget for fourth year
Kuwait’s parliament on Wednesday passed the budget for the 2018-2019 fiscal year, projecting a huge deficit for the fourth year…
Bank of Khartoum increases 2017 capital, maintains IIRA rating
Bank of Khartoum has released its financials for the year 2017 subsequent to its Annual General Meeting of its shareholders.…
Bahrain FDI more than doubles to $519m in 2017
Foreign direct investment inflows to Bahrain grew 114 per cent in 2017 to $519 million, according to data released by…
Egypt’s Economy Powers Ahead
With a government committed to following through with tough economic reforms and a population approaching 100 million people, Egypt is…