Saudi’s post-budget rally stalls; UAE bourses firm
The Saudi Arabian stock market’s post budget rally ran out of steam yesterday as the index neared technical resistance, while…
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Year in review: Abu Dhabi Global Market spreads wings with the right international partners
Three years after its founding by federal decree, Abu Dhabi Global Market really started to find its feet in 2016.…
Say goodbye to older versions of Saudi currency
Older versions of Saudi Arabia currency will soon go out of circulation, reports Saudi Gazette, quoting a financial analyst. …
Loan demand set to remain strong in Qatar, says BMI
Despite the weaker macroeconomic environment, the demand for loans will remain strong in Qatar, driven by the government’s financing need…
Three more foreign banks eye Turkish market
Banking Regulation and Supervision Agency President Mehmet Ali Akben has said that three foreign banks were interested in expanding their…
Noor Capital Markets holds seminar on financial markets
As a part of Noor Capital Markets mission to raise the awareness about the global markets and its sophisticated mediums,…
UAE banks stay rooted in stability despite challenges
The banking system in the UAE was remarkably resilient in the face of multiple challenges throughout 2016 be it low…
UAB chief vows to fight money laundering, terror financing
Chairman of the Union of Arab Banks Sheikh Mohammad Al-Jarrah Al-Sabah said on Monday that UAB is firm on dealing…
Markaz successfully closes a 5-year KD25 million bonds issue
Kuwait Financial Centre Markaz and Gulf Bank announced in a joint statement the successful completion of Markaz 5-year bond issue…
KFH launches ‘investment plans marketing’ campaign
Kuwait Finance House has launched a new marketing campaign dedicated for the long term saving and investment plans as part…
Three foreign lenders show strong interest in Turkey: Banking watchdog
Three foreign banks have voiced strong interest in Turkey and they are likely to enter Turkish markets in 2017, Mehmet…
Year in review: NBAD-FGB merger to set tone for UAE banking sector in 2017
UAE banks didn’t have the best of years in 2016 amid an oil-inspired economic slowdown but a successful completion of…