08/21/2019
Institutionals help Qatar shares extend winning run
Islamic equities were seen gaining slower than the other indices in the market, where Gulf and non-Qatari individuals continued to be net buyers but with lesser intensity.
Research, Comment and Analysis
08/20/2019
Fitch affirms Ras Al Khaimah at 'A'; outlook stable
The ratings are supported by the benefits of RAK's membership of the UAE, a low and declining government debt burden and high GDP per capita.
08/20/2019
Gulf markets mixed but Saudi outperforms on banks
Qatar's index closed 0.2% up extending gains in the previous session when it ended a three-day losing streak.
08/20/2019
Bahrain takes "mega strides" in sustainable development
Royal Highnesses cited features of economic competitiveness and flexibility to confront challenges.
08/20/2019
Arabian Gulf debt issuance hits new record in second quarter
Governments and corporations issue $40 billion worth of debt in the three months to June 30
08/19/2019
Ithmaar Bank nurtures Bahraini future leaders in banking and finance through its summer internship programme
The two-month programme includes an induction day that covers various training sessions
08/19/2019
GCC IPO activity picks up pace in Q2: PwC
Both the UAE’s promising pipeline and Tadawul stock exchange’s development offer some optimism for the GCC market.
08/18/2019
Top UAE banks report strong profit growth in first half
Rising provisioning needs expected to lower full-year bank profitability
08/18/2019
Changes that have taken place inEgypt’s banking system
Since then, he added, the banks have improved their performance, supported by a more attractive operating environment.
08/16/2019
Dubai’s a city in constant reinvention mode
A liberalised residency regime will be felt both in neighbourhoods and the peoples’ mix
08/16/2019
Turkey’s seasonally adjusted jobless rate hits highest on record
Turkey is seen sliding into recession after a currency crisis last year
08/16/2019
CIS is the next frontier for Islamic banking expansion: Moody’s
Governments are developing legal and regulatory framework to support growth
08/16/2019
Bahrain's Ithmaar says planning to delist from Boursa Kuwait
Ithmaar Holding says it will remain listed on Bahrain Bourse and Dubai Financial Market after Kuwait exit
08/15/2019
Middle East M&A deals value surges 73% despite global slump
Mergers and acquisitions totalled $28.8 billion from 163 deals in the Middle East so far in 2019
08/15/2019
Egyptian tycoon and Mubarak ally Hussein Salem dies
An Egyptian court sentenced him in absentia to seven years in jail and fines totalling more than $4 billion in 2011 after convicting him of money laundering and profiteering.
08/14/2019
Investors more bullish on UAE's economy
"By comparison, investors globally expressed much lower levels of optimism on their domestic economies and stock markets.
08/14/2019
GCC economic growth seen at 3.2pc in 2020
With the strategic focus of achieving the region's vision of economic diversification, the premiere summit will entail the action plan to develop a pragmatic strategy and approach to achieve the same.
08/13/2019
Qatar’s moderate debt burden to ease ‘markedly’ in coming years, says CI
“Gross government debt is forecast to decline to 39.7% at end 2021 on the back of substantial budgetary surpluses over the next years,” CI said after affirming Qatar’s long-term foreign currency rating and long-term local currency rating
08/13/2019
Ever heard of 'proptech'? It will change the way you choose your next home
A research conducted by a global bank showed that proptech is shaping homebuyers' behaviour when it comes to renting, buying, owning and selling a property.
08/12/2019
Five Saudi companies post $3.11bln profit in Q2-19
Saudi Telecom Company topped the list reporting SAR 2.8 billion net profits after zakat and tax in Q2-19