Rising Middle East tensions, tightening supplies push up oil prices
Oil markets rose more than 1 percent on Monday, pushed up by tensions in the Middle East where top crude…
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KPMG Report: Bahrain Banking Sector Remains Resilient in Challenging Times
The overall outlook for the GCC’s banking sector is positive and Bahrain is fairing particular well according to KPMG’s GCC…
Bahrain, Saudi, Egypt, UAE cut ties with Qatar; Doha regrets ‘unjustified’ decision
Bahrain, Saudi Arabia, Egypt and the United Arab Emirates severed ties with Qatar on Monday after accusing the nation of…
Escalation in Gulf Deals Blow to Qatari Banks
Qatari banks, already stretched by financing demands of the $200 billion 2022 World Cup, took a head-on blow from its…
A wider geopolitical impact: Mideast rift puts investor focus on oil
Energy markets were volatile and Qatari stocks sold off Monday as investors weighed the impact of a diplomatic spat that…
Fintech service companies challenge modern banking systems
There are more than 50 banks in the UAE today, but for some their days could be numbered. A…
Egypt central bank has not ordered halt to Qatari riyal transactions
Egypt's central bank has not ordered banks to halt transactions in Qatari riyals, an Egyptian official told Reuters on Monday. …
Qatar plunges as other GCC states cut ties; Saudi rises on MSCI hopes
Qatar's stock market plunged on Monday after four Middle Eastern states severed ties with Doha, while Saudi Arabian shares rose…
Rising output, new orders lift UAE business morale to 8-month high
The level of business confidence in the UAE climbed in May to its highest level since September 2016, with market…
Path Solutions' Group Chairman & CEO Mohammed Kateeb named Best Islamic Finance Technology CEO of the Year EMENA by Global Banking & Finance Review
Path Solutions launches cutting-edge software solutions, achieves record growth and expands internationally under Kateeb’s leadership Path Solutions, an international…
BoI restricts Israeli bank boards to ten directors
The number of directors at each of Israel's banks will be limited to ten, which compares with fifteen currently and…
Tamkeen and Bahrain Development Bank sign agreement
Tamkeen and the Bahrain Development Bank signed an agreement to launch a BD 20 million portfolio within the Tamweel Plus…