Moody’s upgrades outlook on six Omani banks to ‘positive’
Moody’s Ratings announced on Wednesday that it has affirmed the long-term local and foreign currency deposit ratings of six Omani…
Research & Studies
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Residential transaction volume surges by 35% in Q2 2024
The residential sales in Qatar created a positive impact in the months from April to June this year as the…
How digital banking is driving the UAE's sustainability agenda
As the UAE aims to mobilize over AED 1 trillion in sustainable financing by 2030, Abbas Basrai – partner and…
Top ten UAE banks exhibited improved asset quality, higher profits in Q2 2024
The UAE’s top banks’ capital position remains robust, supported by high profits, and their asset quality further improved in the…
The Henley Passport Index
The Henley Passport Index is the original and most authoritative ranking of all the world’s passports according to the number…
GCC banks show strong appetite for regional expansion: Fitch
Gulf Cooperation Council banks are showing a strong appetite to expand their presence in major regional markets, particularly in Türkiye,…
Egypt: Banks, financing companies inject $1.45bln into low-income housing initiative by June 2024
The Social Housing and Mortgage Finance Fund recently disclosed that banks and companies participating in the low-income housing finance initiative…
McKinsey: GCC banks outperform their global counterparts
Over the past years, GCC banks have outperformed their global counterparts and looking ahead, the region’s banking sector is in…
Top stocks in Q2 2024: UAE retail investors choose AI over Big Tech
UAE retail investors have chosen to rally behind artificial intelligence firms while Big Tech and pharma stocks lost momentum, as…
Fitch affirms Commercial Bank’s rating at ‘A’ with stable outlook
Fitch Ratings has affirmed Commercial Bank’s Long-Term Issuer Default Rating (IDR) at ‘A’ with a Stable Outlook. Fitch has also…
Knight Frank: Saudi Arabia’s construction awards hit $142bln
Saudi Arabia is experiencing a significant surge in its construction activities, with the construction output value for the residential, institutional,…
Mercer’s 2024 Cost of Living City Ranking: How expensive is Dubai?
Mercer, a global consultancy in work, retirement, and health, has released its 2024 Cost of Living City Ranking, providing crucial…