Bahrain Private Wealth to Reach $200 Billion
Overall growth of private wealth in Bahrain is expected to increase steadily to 4.5% compound annual growth rate and reach…
Market Forecasts
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First Abu Dhabi Bank, etisalat among top Arab companies
First Abu Dhabi Bank, etisalat, and Emirates NBD were ranked third, fifth, and seventh on the list respectively, with Saudi…
UAE cbank foreign currency assets top $87bn
The UAE Central Bank's foreign currency assets increased 1.5 percent to Dh322.4 billion ($87.75 billion) during the month of May…
Millennials key to future of islamic banking
Millennials are expected to play a crucial role in the evolution of Islamic finance and help expand its customer base…
Kuwait sits out Fed rate move on modest growth
Kuwait refrained from following the U.S. Federal Reserve’s interest-rate increase for the first time since 2015, citing “modest” economic growth…
UAE leads MENA private equity investments by value and volume
The UAE accounted 62 per cent of Middle East and North Africa (MENA) private equity investment activity by value in…
Emirates Islamic shares 2017 investment outlook with wealth management clients
Emirates Islamic has recently shared the investment outlook for 2017 with its wealth management clients at exclusive events in Abu…
Arab Investment Bank aims to boost SME portfolio to EGP 12.3bn by end 2018: chairperson
The Arab Investment Bank (AIBK) aims to boost its small and medium enterprise (SME) portfolio to EGP 12.3bn, equivalent to…
Qatar c.bank asks for FX data as capital outflows pressure riyal
Qatar's central bank has asked commercial banks to provide it with detailed information on foreign exchange trading, banking sources told…
UAE banking sector crisis: 3,000 jobs cut
The banking sector in the country has been in a state of upheaval over the past 12 months after 3,000…
First quarter UAE banking sector data points to improving liquidity
March data shows the gross loan-to-deposit rate fell to 99.7 per cent in March, down from 100.3 per cent in…
Foreign Investors Give Turkey Another Look Amid Private-Equity Rebound
Private-equity investments in Turkey are set to increase more than 50 percent this year from a six-year low in 2016…