Bahrain central bank gives instructions to postpone all loan installments
Bahrain's central bank gave instructions on Thursday to postpone all loan installments for individuals and companies by six months, the…
Coronavirus
765 articles found
UAE's GDP to recover to pre-pandemic levels over next three years – Moody's
Moody’s has rated the UAE’s credit profile as Aa2 stable in its annual credit analysis, reflecting the government’s strong balance…
Islamic social financing in the COVID-19 era and beyond
At these extraordinary times in the world, where the devastating effects of the coronavirus disease (COVID-19) are still being felt…
GCC governments to see sharp fall in fiscal deficits from this year
GCC governments are expected to see a sharp decline in fiscal deficits starting this year, according to rating agency Standard…
Experts laud UAE leaders’ vision on economic resilience, jobs creation
The UAE continues to buck global trends on multiple fronts despite a raging pandemic and proves its economic resilience by…
UAE banks to soft land amid profitability and asset quality challenges
The UAE’s banking sector that came under pressure from huge spike in loan loss provisions and squeeze on profitability from…
COVID-19 impact: UAE reduces penalties on VAT, excise tax
The UAE has reduced tax penalties for value-added tax (VAT) and Excise Tax in order to help the companies and…
UAE banks' weakening credit quality may drive loan restructuring
Eleven UAE national banks have reported around Dh7.74 billion in first quarter net profit, a growth of 9.6 per cent…
Innovation in Retail Banking to Prepare for a Post-COVID World
COVID-19 has undoubtedly been the biggest game-changer across industries, including banking. It has impacted consumer needs and behavior, setting…
Workforce Strategy Diagnostic
Navigating the future of work Society is living through a fundamental transformation in the way we work. The COVID-19…
Omani banks face rising bad loans amid slow economic recovery
Omani banks’ intrinsic credit profiles face pressure throughout 2021 due to economic disruption caused by the pandemic and the government’s…
How Saudi Arabia's hotel industry performed during corona
The Covid-19 crisis has had an unprecedented impact on the hotel industry in the Middle East, with Saudi Arabia no…