Kuwait banking sector to remain stable, strength depends on length of crisis – c.bank
Kuwait's banking sector is expected to remain stable to a large degree, the central bank governor said in a report…
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Emirates Islamic announces First Half 2020 Financial results
Emirates Islamic has announced its financial results for the half year ending 30 June, 2020. The Bank reported a…
Ahlibank posts half-yearly net profit of QR294mn
Ahlibank has posted a net profit of QR294mn for the first six months of the year (H1) that ended in…
Turkish central bank to stay on hold amid inflation risks
Following a surprising end to its long rate cutting cycle, which started in mid-2019 with the objective of lowering the…
Saudi economy likely worse in Q2 despite June improvement – c.bank governor
Saudi Arabia's economy likely deteriorated more in the second quarter than in the first three months of the year, the…
Think tank skewers Dubai as hub for ‘dirty money’
US-headquartered global think tank Carnegie Endowment for International Peace has said that Emirati leaders and the international community have turned…
UAE advice firm agrees second merger in a month
Newly-merged global financial advisory business AHR Private Wealth has agreed an M&A deal with London-headquartered AXG Group, subject to regulatory…
T Rowe names two new lead managers in EMEA team reshuffle
T Rowe Price has made three key promotions in its investment team for the Europe, Middle East and Africa (EMEA)…
CIAF cancels Sukuk issuance, considers alternative financing methods
Joint venture aviation sector company, CIAF Leasing, has cancelled its plan to offer $50m worth of Sukuk, according to Salah…
Robust master plan urged for Qatar capital market with focus on long-term debt
Energy rich Qatar should have a robust master plan for capital market with top priority accorded to long-term debt, as…
Trojanized Mac cryptocurrency app collects wallets and screenshots
ESET researchers have recently discovered websites distributing trojanized cryptocurrency trading applications for Mac computers. These were legitimate apps wrapped…
Bankruptcies among small and mid-sized businesses to peak, says IMF
The rate of bankruptcy for small- and medium-sized businesses may triple this year in the absence of sufficient government support,…