2020 outlook: How will Saudi stocks, banking sector perform
Saudi Arabia’s inclusion in the MSCI Emerging market index and the Aramco IPO will have a long-lasting positive effect on…
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Dubai's new House Price Index rolled out showing November rise
Dubai's new House Price Index, Mo'asher, was rolled out with the first data point showing a 1.4 per cent rise…
Wealth Fund head welcomes Turkey’s indigenous car
The indigenous electric car developed by Turkey’s Automobile Initiative Group has given us hope and is a very good project,…
Sheikh Mohammed announces Dh196bn expenditure for Dubai over three years
Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai on Sunday announced a three-year fiscal plan for the emirate…
GFH wins investors' approval for $500m sukuk
Bahrain-based GFH Financial Group said it has won approval from shareholders to issue sukuks (Islamic bonds) worth $500 million in…
Ithmaar Bank announces key Bahrain promotions
Ithmaar Bank, a leading Bahrain-based Islamic retail bank, has announced several key promotions of senior executives as the bank gears…
2019 sees foreign card payments increase by 83% in Turkey
Payments made with foreign bank cards increased by 83% in Turkey in the period of January to November…
Dubai sees Dh2B operating surplus in 2020
Dubai on Sunday said it can achieve an operating surplus of almost Dh2 billion due to its prudent fiscal polices…
Digital banking needs bank, IT firms teamwork
Bahraini businessman Yacoub Al-Awadhi stressed the importance of the efforts made by Bahraini banks to accelerate the process of digital…
Gulf investors to turn focus on Amsterdam amid European uncertainty
Gulf investors are set to turn their focus to Amsterdam as they seek value in an uncertain European commercial property…
Bahrain's GFH gets 'B' long-term S&P rating on earnings and cash flow strength
GFH Financial Group, a Manama and Dubai-listed financial institution, received a 'B' long-term issuer credit rating from S&P Global Ratings…
Ministry of Finance to launch e-stamp service
Ministry of Finance, with the cooperation of Shared Electronic Banking Company, launched the service of direct purchase and issuance of…