Banks to face challenges in 2017-18
The weak economic environment will continue weighing on the financial profiles of banks in the Gulf Cooperation Council (GCC) countries…
Market Forecasts
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2017 is the year of harvesting fruits of 2016 economic reforms: Tinawi
CEO of Arab Banking Corporation, Egypt Akram Tinawi said that 2017 is the year in which Egypt will reap the…
Economic recovery and investment opportunities in store for 2017
The National Bank of Abu Dhabi (NBAD) has published its Global Investment Outlook 2017, examining the trends and issues likely…
Saudi Central Banker Says Crunch That Squeezed Banks Is Over
Saudi Arabia central bank Governor Ahmed Alkholifey said a cash crunch that squeezed commercial lenders last year is over and…
GCC's economic recovery will be slightly slower than expected: World Bank
Economic growth in the Middle East and North Africa is set to accelerate through 2018 following the bottoming out of…
JPMorgan Sees Fewer Jumbo Bond Deals Weighing on 2017 Gulf Sales
JPMorgan Chase & Co., the biggest arranger of bond issues in the six-nation Gulf Cooperation Council, expects regional sales in…
An opportunity in disguise for Bahrain
If I have learnt anything from 2016, it is that it is impossible to predict exactly what will happen in…
Qatar ability to meet external debt obligations not in doubt: EIU
Qatar's ability to meet its external debt obligations is “not in doubt” as large stocks of foreign reserves at the…
UAE all set to carry out 2021 Vision after great 2016 achievements
As the UAE welcomes 2017, it can look back with pride on 2016, the year in which it accomplished a…
Saudi likely to tap multiple funding sources to bridge budget gap
In the absence of further increase in oil prices and or drastic cut in government expenditures, analysts expect Saudi Arabia’s…
Liquidity levels stress credit availability in the UAE
Financial experts are reporting on a liquidity crunch in Dubai as the Emirates continue to manage a fast-growing national economy.…
Turkey's financial meltdown on the Bosphorus speeds up
2016 was an "annus horribilis" for a global investor on the Bosphorus. The July 15 failed military coup attempt…