Saudi Arabia hands tied as rising rates risk worsening economy woes
Saudi Arabia’s currency peg is forcing the central bank to look beyond rate cuts to spur growth, as a slowdown…
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Saudi central bank's foreign assets edge down in August
Net foreign assets at Saudi Arabia's central bank fell to $554 billion in August, down by about $1 billion from…
Dubai Exports hosts joint forum in Sao Paulo to bring focus on Dubai as global halal hub
Dubai Exports, the export promotion agency of the Department of Economic Development in Dubai and the Dubai Islamic Economy Development…
Standard Chartered launches 'Banking the ecosystem' strategy to support global trade
Standard Chartered Bank has launched ‘Banking the ecosystem’, a global strategy that will connect business communities and facilitate increased trade,…
SMEs deserve better access to financing, Chamber official says
Small and medium enterprises in the UAE deserve better access to financing and the Abu Dhabi Chamber of Commerce and…
UK's Fox sees win-win ties with UAE in post-Brexit era
Britain is very much open for business like never before in the post Brexit scenario and is looking for opportunities…
Saudi stocks drop near technical support level
Saudi Arabia’s stock index dropped 2.1 percent to 5,936 points, only 25 points shy of the technical support on the…
Qatar Slumps Ahead Of FTSE Inclusion, Saudi Drops On Austerity Concerns
Qatar's main equity index slumped 4.0 percent on Monday ahead of the additions of some companies in FTSE's secondary emerging…
ADX Market Capitalization Records a 30 BILLION DIRHAMS INCREASE for first 8 months of 2016
Abu Dhabi Securities Exchange market capitalization has jumped to reach 441 billion dirhams during the first eight months of 2016,…
Shortage of high quality liquid assets pose challenges to liquidity coverage ratios
GCC based Islamic banks are generally better off in their access to low cost retail deposits compared to some of…
UAE Economic Outlook Remains Optimistic Despite Increased Regional Supply Chain Risk
Supply chain risk across the Middle East and North Africa climbed to 4.406 from 4.371 during the second quarter of…
Qatar central bank offers bonds in second riyal sale in 2016
Qatar's central bank is offering 3 billion riyals, $824 million of government bonds in its second domestic bond sale this…