Drop in commercial sector sales hits Kuwait real estate market
Real Estate sales in Kuwait slumped to KD211 million ($693.6m) in October on the back of a sharp drop in…
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Morocco’s Bank Profits Exceeded $1.1 Bn by End of September
The profits of eight main Moroccan banks reached $1.1 billion at the end of September, a 0.96 percent increase compared…
Fitch sees Turkish banks suffering more asset quality erosion
Turkey’s banks are set to continue suffering from exposure to troubled industries such as the construction sector and energy, Fitch…
Saudi Arabia’s largest banks to remain profitable despite margin pressures
Moody's said that Saudi Arabia's three largest banks, National Commercial Bank, Al Rajhi Bank and Saudi British Bank, will maintain…
Plain-Sailing Future For Trade Finance Digitization
Trade finance, perhaps even more than other banking specialties, requires trust; there is inevitably a gap between shipment and delivery.…
Economic reform program reflected in positive figures: Ma’it
"Egypt’s economic reform program recorded positive results that are praised by international institutions, as the budget deficit decreased from 16.5…
Abu Dhabi’s go-to man builds $229 billion fund for post-oil era
For an Emirati who’s not a member of Abu Dhabi’s ruling royal family, Khaldoon Al Mubarak is remarkably influential. Photos…
Banks need to be 'technology savvy, technology first', to stay competitive: Brett King
Banks need to be “technology savvy, technology first” to stay competitive in future, said Brett King, futurist, bestselling author, and…
Arabian Bourse receives Multi-Million Dollar Investment
Arabian Bourse, which received In-principal Approval from the Financial Services Regulatory Authority of Abu Dhabi Global Market Crypto asset exchange…
Ecobank wins Bank of the Year and Best Bank in prestigious London awards ceremonies
Ecobank Cameroon, Gambia and Rwanda won Bank of the Year at The Banker Awards on 28th November. This recognition came…
BSF to sign deal with Fitch Learning to launch BAP in Saudi Arabia
Banque Saudi Fransi signed a deal with Fitch Learning to start the Banker Associate Program in Saudi Arabia, made to…
UK-based Apis Partners hits final close of second fund at $550m, exceeds target
UK-based investment manager Apis Partners on Friday announced the final close of Apis Growth Fund II at an increased hard-cap…