Why digitalisation has helped Bahraini banks escape the brunt of Covid-19
A relatively advanced digital infrastructure has done well to cushion Bahraini banks from the impact of Covid-19. Bahrain is…
Coronavirus
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Kuwait scraps $1.4bln solar project over Covid-19 crisis
Kuwait has cancelled plans to construct the Al Dabdaba solar plant, which would have provided 15 per cent of the…
Credit guarantees will boost SME lending in UAE, but risks remain for banks
Economic pressure created by the coronavirus pandemic in the United Arab Emirates has put additional focus on banks' low levels…
BMG Economic Forum hosts virtual think-in
The BMG Economic Forum hosts its first-ever “virtual” summer event today as thought leaders from the worlds of business, finance…
Qatar banks can withstand COVID-19 impact: S&P Global
Although the COVID-19 pandemic and subsequent oil price drop has sparked negative rating pressure for global banks, the damage is…
Bahrain adds $470m in expenditures to 2020 budget for coronavirus impact
Bahrain will add 177 million dinars ($470 million) to its 2020 state budget in emergency expenditures arising from fighting the…
UAE investors worried about savings, looking for guidance – UBS
Investors in the UAE and around the world are apprehensive about the financial fallout of the coronavirus pandemic and are…
Turkey moving forward to broaden its Islamic finance base
The Covid-19 pandemic has led to a situation in Turkey which prompted economists and financial experts to think about the…
Jersey agrees business initiatives with UAE
The Minister for External Relations, Senator Ian Gorst, has today hosted a webinar on growth and partnership opportunities between the…
Banks’ profitability not hit by CBB Covid-19 measures
Measures announced by the Central Bank of Bahrain (CBB) to mitigate the financial impact of Covid-19 on companies and individuals…
Turkey moving forward to broaden its Islamic finance base
The Covid-19 pandemic has led to a situation in Turkey which prompted economists and financial experts to think about the…
Trust funds for all
It is far from certain whether the post-pandemic recovery will be a lasting one that results in more sustainable and…