IMF warns of weakened medium-term growth
The International Monetary Fund has warned longer term economic growth could weaken in the Gulf region if a months-long diplomatic…
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Saudi Arabia Top Reformer In The GCC Last Year, World Bank Says
Saudi Arabia was the top reformer among the six-member economic bloc of GCC, implementing six reforms in the past year…
First Abu Dhabi Bank Wealth Sentiment Index Remains Stable at 1052.78 in October
First Abu Dhabi Bank the UAE’s largest bank and one of the world’s largest and safest financial institutions, has announced…
Israel Fintech Firms Head To Japan For Business Opportunities
An Israeli delegation of companies developing fintech technologies has met with over 500 representatives from Japan’s largest banks and Japanese…
Oman to harness power of blockchain technology for economic development
A high-profile grouping of Omani ministries and government institutions have teamed up to organise the Sultanate’s first symposium on Blockchain…
Gold dips as dollar gains, 24 caret priced at Dh153 in Dubai
Gold edged lower early Wednesday as the dollar firmed with investors awaiting hints on the US Federal Reserve's monetary policy…
Turkey arrests philanthropist for links to US-based cleric
Turkey's state-run news agency says a philanthropist businessman and peace activist has been formally arrested over alleged links to a…
Another Top Emerging Market Fixed Income Trader Has Moved On
The head of central and eastern Europe, Middle East and Africa fixed income trading at BNP Paribas has departed, in…
Saudi Bank Samba's Quarterly Profit Falls 2.5 PCT
Saudi Arabia’s third-largest bank by assets, Samba Financial Group, reported a 2.5 percent drop in third-quarter net profit on Wednesday,…
First Islamic Robo-Adviser To Launch In Mena
One of the world’s first Sharia-compliant “robo advisers” plans to start operations in the UAE in the next fortnight, as…
Bank Sohar Mobile App Continues To Be Popular
Bank Sohar’s one-minute mobile banking app redefines wireless banking, bringing added convenience and speedy service to customers anytime, anywhere. …
Minsky Moment in China? Impact for Oman?
It is not secret that corporate debts in China are extremely high and household debts are still rising The…