UAE, Gulf states can raise billions via asset sales
Gulf nations may turn to asset sales to complement an almost $50 billion debt spree to support economies rocked by…
Uncategorized
47651 articles found
UAE's Sharjah, Ras Al Khaimah to negative
S&P Global Ratings has lowered its outlook to negative from stable for Sharjah and Ras Al Khaimah, two of the…
StanChart’s Troubled Loans Top $600 Million on Corporate Woes
Problem loans at some of Standard Chartered Plc’s large clients may top $600 million as a string of corporate scandals…
Qatar banks post more than 9% jump in total assets in March: QCB
The credit line of Qatar's commercial banks, especially for the private sector, appears to be strong, thus helping in a…
Coronavirus curfew in Saudi Arabia has been partially lifted
The coronavirus curfew in Saudi Arabia has been partially lifted. Residents will have to stay in their homes between…
Saudi banks need to accelerate digital transformation: KPMG
Banks in Saudi Arabia have to revisit their digital transformation plans and strive to launch new channels that will sustain…
KFH says no new updates regarding Bahrain’s Ahli United acquisition
Kuwait Finance House (KFH) said that there were no new developments regarding its acquisition of Bahrain’s Ahli United Bank after…
StanChart Bad Loan Momentum Continues
Standard Chartered could face up to $600 million in bad loans after major borrowers faced a series of reported predicaments.…
Northern Trust names EMEA CTO
Northern Trust has named Alison Pain as chief technology officer (CTO) for the Europe, Middle East, Africa region. From…
Qatar's consumer sector one of the least affected by the pandemic: KPMG
With e-Commerce assuming greater role amid restrictions to reduce the spread of Covid-19, Qatar's consumer sector is one of the…
Is your low-carbon portfolio destroying the planet?
An investor who focuses solely on low carbon emissions could end up investing in polluters, while excluding some of the…
Saudi Binladin group hires Houlihan Lokey for $15bn debt revamp
Saudi Binladin Group hired Houlihan Lokey Inc. as an adviser to help the kingdom’s biggest construction firm to restructure an…