UAE banks outperform lenders in US and emerging markets, EFG Hermes says
Share prices of major UAE lenders have outperformed banks in the US and other emerging markets, driven by strong fundamentals…
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COP27 wrap-up: an historic deal was made, but what comes next?
The COP27 conference was scheduled to end on Friday, but negotiators only reached a final agreement on Sunday morning. And…
Deutsche Bank Targets Asia, Middle East for Wealth Ambitions
Claudio de Sanctis is targeting markets far from home as Deutsche Bank AG seeks to become Europe’s go-to wealth manager.…
StanChart sees Asia, Middle East as bright spots in weak global economy
Standard Chartered expects Asia and the Middle East to outperform other regions even as spiralling inflation and a spike in…
Business confidence, oil prices drive growth in Bahrain real estate
Bahrain’s real estate market has seen growth on the back of rising business confidence and strong oil prices. According…
Aldar’s RAK presence grows with new residential development
Abu Dhabi real estate company Aldar is to enter the Ras Al Khaimah residential development market with 2,000 apartments on…
Egypt to start building $11bn wind farm from 2024
The construction of one of the world’s largest wind farms in Egypt is set to start in 2024 and could…
Saudi Arabia ranks first among G20 countries in labor force growth rate
As Saudi Arabia is undertaking massive economic diversification, the Kingdom has ranked first in the labor force growth rate among…
UAE economy to grow more than 6% in 2022, IMF says
The UAE economy is set to grow by more than 6 per cent this year, after expanding by 3.8 per…
QNB Group, Ajlan & Bros Holding strategic partnership to grow digital banking presence in Saudi Arabia
QNB Group has entered into a joint venture agreement with Ajlan & Bros Holding, to “collaborate and grow” the digital…
GCC fintech hubs 'must build on billion-dollar momentum'
Sustainable fintech growth will boost financial services and the GCC’s overall ambitions of economic diversification and increased innovation, according to…
Geidea empowers women to compete in Saudi fintech boom
Saudi fintech firm Geidea has launched a training program in partnership with The London Institute of Banking and Finance to…