Saudi Arabia hosts top investors as Aramco IPO, economic agenda remain variable
Saudi Arabia is hosting a financial summit this week, aimed at attracting investments as part of a broader effort to…
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NBE ‘ Strongest Bank ’ in Egypt, Africa in 2017: Asian Banker
The bank’s financial position jumped to EGP 1.365tr by the end of June 2017, a growth of 94% over June…
Qatar Islamic Bank Q3 profit up 10.9pc, in line with forecasts
Qatar Islamic Bank, the Gulf state’s largest sharia-compliant lender by assets, reported a 10.9 percent jump in third-quarter net profit…
Bahrain EDB attracts over $200mln of manufacturing, logistics investment
More than $200 million worth of investment into Bahrain’s manufacturing and logistics sector was attracted in the first half of…
The future of financial services in the MEASA region – RESEARCH
With a combined population of over 3bn, deepening mobile connectivity, and growing prominence as a trade and investment hub, the…
Abu Dhabi Commercial bank raises A$400 mln in bonds
Abu Dhabi Commercial Bank has raised A$400 million ($315 million) in a triple tranche “Kangaroo” bond issuance on Friday, the…
Transcript of the Press Conference on Middle East and Central Asia
Jihad Azour, Director, Middle East and Central Asia Department Wafa Amr, Senior Communications Officer, Communications Department MS. AMR: Good…
UAE problem loans to rise, Moody’s warns
Problem loans in the UAE’s banking sector are set to rise by the end of 2018, ratings agency Moody’s Investors…
UAE banking sector profitability projected to improve in 2018
The UAE’s banking sector outlook remains stable reflecting economic resilience, strong capitalisation, stable funding and liquidity conditions, according to global…
Abu Dhabi on track to record fiscal surplus this year
The Abu Dhabi government could record a fiscal surplus this year at oil prices around $50/bbl (Dh183.50) according to forecasts…
Remittances by foreign workers in UAE reaches Dh78 billion
Indian workers continued to lead as the most active nationality in terms of remittances, which reached Dh14.64 billion. The…
Kuwait’s development plan moving on fast-track: NBK
Implementation of Kuwait’s development plan has been moving more rapidly in the last few years. The country’s needs are…