A crisis in equity dividend income
Every day we are seeing more and more companies announcing the removal, deferral or cancellation of dividends. Companies are under…
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COVID-19 will change real estate design and property management: Lootah CEO
Lootah Real Estate Development has noted the ways in which the real estate sector can adjust to the threat of…
IGA Officially launches 'BeAware Bahrain' application
The Information & eGovernment Authority has launched the “BeAware Bahrain” application. The application is available to download free of charge…
Islamic financing asset growth to continue to pick up in 2020: Moody’s
Islamic financing asset growth will continue to pick up in 2020, Moody’s Investor Service said and noted that mergers between…
Egypt central bank seen keeping interest rates on hold this week: poll
Egypt's central bank is expected to leave its main interest rates unchanged this week as it weighs the impact of…
COVID-19 counter: UAE works to minimise job losses over virus
Minimise job losses… and the disruption to the economy that comes with lots of redundancies happening at the same time.…
CrediMax appoints new Chief Executive
CrediMax has announced the appointment of Mr. Ahmed A. Seyadi as the new Chief Executive to succeed Mr. Yousif Ali…
Egypt’s banks told to limit withdrawals and deposits
Egyptian banks have been instructed to apply temporary limits on daily withdrawals and deposits in a move seemingly designed to…
Ezdan Holding posts QR309.2mn net profit in 2019
Ezdan Holding Group has posted a net profit of QR309.2mn in 2019 compared with QR433.7mn in 2018, the company announced…
COVID-19 response: Saudi Arabia tells banks to go easy on loans
Saudi Arabia’s central bank is ordering lenders to provide concessional loans to businesses grappling with the fallout of the coronavirus…
Bahrain-based Benefit posts $8.8mln net profit
Benefit, the main handler of the country’s electronic fund transfers and ATM transactions, has reported net profit of BD3,327,998 for…
Victims reveal huge losses after falling for Dubai property scam
Victims of a property rental scam in Dubai could lose tens of thousands of dirhams after falling foul of fake…