GCC banks have remained stable and safe over the past 30 years
Project expected to generate more than 120,000 job opportunities
Bonds comprises a 10-year tranche and 30-year Formosa portion
Banks 300 times more likely than any other industry to be cyber targeted
Musk appeared virtually yesterday at Qatar Economic Forum
Meeting approved start of due diligence work on JV deal
Nook's assets are valued at 245 trillion pounds
Revenue from expatriate fees amounted to 6.86 billion riyals
Treasury bonds
The auction is part of the AED 9 billion T-Bonds issuance program for 2022
SAOG to offer HBMO shareholders cash and shares
Money transfers amounted to about $605 billion in 2021
Net profit reported is valued at $1.54 billion
"The Kingdom's leadership has promoted Saudi women to many positions"
El-Hilaly to Economy Middle Al Raha: “Simple and Versatile Platform”
Inflation, geopolitical tensions impacted HNWI's spending patterns
The two banks' shares rose following 1-hr trade suspension
Potential to convert into one Sharia-compliant financial institution
turkish banks
S&P does not expect any liquidity issues with Turkish banks
Full integration of the bank's operations and systems in Q4 2022
Chimera's offer is about 10% higher than its Egyptian competitor’s
Increasing share of women in work in MENA could increase the GDP to $2 tn
The games and esports company will hold 8% of the shares
This is the lowest amount so far in 2022
As part of a cooperation agreement between the three nations' central banks
Growth attributed to several factors, including a buoyant energy market
Foreign investors rose to historical levels in Q1, with 9,383 new licenses
Total shareholders’ equity raises to SAR 3.2 billion
Continued mortgage demand in Saudi supports the industry
In an attempt to mitigate the effects of the Covid-19 pandemic
The maturity period will be 6 months, with a rate of return standing at 2%
82% of bank customers don’t favor having to physically hand over documents
Saudi fintech
106 deals worth in excess of $558 million, highest in the region
Venture capitalist
Blockchain startups raise record venture capital
MENA startups generated $297 million in investments in April 2022
It succeeded, in under 6 months, in completing merger procedures
Deposits to grow driven by projected interest rate increase
The Fund aims to bring the best technology to Abu Dhabi
New era of biometric payments enhance the check-out experience
CEO Parag Agrawal: "We aren't perfect at catching spam"
Preliminary Q1 2022 revenue amounted to $9.3 million
Jadwa sold its majority stake in Al Meswak to GII
IHC provided capital through preferential allotment route
Musk believes fake users make up 20% of total users
The bank calls on its clients to use the QR code scanning option
bank cyber
Gulf banks reported a small number of cyberattacks in last decade
This translates into 4.255 percent of valU’s issued capital
The company announced completion of $1 billion funding for 2022
$3.45 billion, the value of the financial technology sector in 2026
Region could reap huge dividends from real-time payments
Net income increased by 15.5 percent to 48.8 billion Saudi riyals
Higher interest rates in 2022-2023 would further support it
MENA M&A deals reach $21 billion in Q1
The money supply increased in March by 4.22 percent
Riad Salameh
Alleged embezzlement of at least $330 million in public funds
FED interest rates
Another ¾ of a percentage point increase expected at June meeting
The fund's total assets at end-2020 were 47.1% of national GDP
Upon completion of the transaction, Borealis will be 25% by ADNOC
Earnings were driven by demand for cloud-computing services.
Abu Dhabi market
The $70.7 million company will be the largest provider by market share
Fintech, developers can drive market opportunities on FusionFabric.cloud
Saudi Al-Rajhi
Saudi “Al-Rajhi” and “Al-Ahly” achieve net profits exceeding $1 billion
An expected upturn for the Gulf economies due to the rise in oil prices
expo 2020
These companies accounted for more than a quarter of all contracts by value
“The company will maintain flexibility and continue to generate strong profits”
Twitter Musk
Twitter has over 217 million daily users
Saudi's Center
Law ensures equal treatment for both Saudi, foreign investments
Emirates NBD
Played a leading role in the IPO of Dubai Electricity and Water Authority
AC Milan
Bahrain confirms firm's talks to buy Italian football giant for $1.1 billion
The new program to support SMEs through providing trade finance facilities
Services are delivered promptly 24/7, replacing long waiting hours
Kuwaiti banking
“S&P”: Oil prices, interest rates, pave the way for banks’ recovery, lower NPLs
Egypt IMF
The Spring Meetings examine the global economic impact of war and food security concerns
Sri Lanka
This comes ahead of negotiations for an IMF bailout
The decision is due to the instability in global markets and economies
Consolidation of exchange rates is complex due to weak economic conditions
GAC approves 88 percent of applications in Q1
Stake acquisition of the Commercial International Bank for $911.4 million
Egypt, Saudi collaborate to invest in Saudi's fintech sector
eLydian Lion will be run from Investcorp's Abu Dhabi office
Saudi banks notes
For every increase of 100 basis points, Banks' net income to increase by 13%
The monetary authority halted opening of online bank accounts
Binance will provide its services in the Middle East and North Africa region
Lebanon pounds and dollars
Lebanon to implement 8 reforms as pre-conditions to IMF Board approval
جي أم جي
Acquisition marks GMG’s first entry into food retailing
The digital economy has its appeal but there is more
Federal interest rates
Committee on Open Markets expected to agree to reduce balance sheet at May 3 meeting
The high demand underlines the strength of Dubai's economy
$40 million to invest in Saudi technology startups
Citi Continues to Invest in Bahrain and Support Institutional Clients
The strategy supports UAE’s industrial development, economic diversification
Egypt tops African countries in VC transactions
Oman Debt
Finance Ministry to repay loans exceeding 2.85 bn riyals at end April
Agreements aim to promote entrepreneurship in various fields
Agreements reflect Dussur’s appetite to invest in Saudi industrial sector
SAMA reaffirmed commitment to support finance and payments sectors
Shareholders to receive 608 pence in cash per share
saudi Egypt
Egypt announced it had requested assistance from the IMF
Several programs were signed, initiatives launched and agreements
Al Gergawi: The summit seeks to highlight opportunities, reveal future challenges
GEC conference
The conference continued under the slogan "We Reinvent, We Renew"
saudi entrepreneurship
Saudi Ministry of Investment grants 4 licenses to start-ups, one VC fund
SMEs represent 94% of the total number of companies
Final price of "DEWA" on April 6 and start of trade April 12
The IMF praised "authorities' recent actions to expand targeted social protection
Turkish agreement
Fund will invest in companies developing new tech or improving existing ones
Egypt’s Central Bank Governor: Maintain FX liquidity, investor confidence
Egyptian pound
The Central Bank raises interest rates for the first time since 2017
Egypt financial
The Central Bank of Egypt is expected to raise interest rates
Saudi Aramco
It announced cash dividends of 70.3 billion riyals  
Interest rates
The US Reserve rate increase among many expected this year and next
Federal reserve
It signaled seven rate hikes for this year to bring inflation under control
Shuaa Capital
The SPAC will be merging with tech-based financial services businesses
Federal Reserve
Global central banks unveil their monetary policies this week
ECB left the option of raising interest open before the end of the year
US inflation
"Goldman" warns the US economy could be in a recession next year
Egyptian pound
JP Morgan: There is a likely need to depreciate the pound
Bahrain bank notes
$ 217.5 billion in sector assets at end 2021, or 6.5 times the GDP
digital kuwait
Digital banks will be subject to all supervision and control requirements
UAE banks
Banks are likely to keep reserves much larger than risk portfolios require
UAE bank official
Economic activity to accelerate in 2022 prompted by high and rising oil prices
ministry of finance award
ًinning the award is an incentive to continue on the path of excellence
Oman currency
Production and oil and gas prices contributed to strengthening the budget figures
saudi budget
Non-oil sector constituted 88% of the total increase in actual revenues
Russia central bank
Norway removes Russian assets from $1.3 trillion wealth fund
Europe Swift
Moscow plans to borrow less and use national wealth funds
Dedicated office and expanded regional headcount to drive growth  
Oman riyals
The IMF welcomes financial sector’s resilience and ongoing reforms
income tax accounting
The corporate tax on profits will replace several fees businesses currently pay
saudi money
It’s the second such increase since 2019
US bonds
The total amounted to $221.7 billion, with Saudi and Kuwait leading
Two Abu Dhabi state funds and 2 private sector investors in the running
BNPL is framed as an interest-free alternative to credit card payments
federal reserve
Next could be the fastest rate of price increases since the 1980s
digital banking
76% of Arab central banks considering issuing digital currencies
UAE bank staff
S&P Global economists expect the Fed to raise rates six times this year
green bonds
PIF’s ranking rose to sixth in the world, having compiled assets worth $580 billion
EFG Hermes advisory complete
The IPO is the premiere listing of Egyptian cosmeceutical players
Transaction conditional upon the completion of a comprehensive due diligence
Kuwait budget
Fitch: Even without a debt law, the government meets its financing obligations
In 2015, 20 SPACs raised $3.9 billion in funds globally
tax calculator
Al Saidi to “Economy Middle East”: It will boost tax revenues, transparency
التمويل الأسلامي
Total Sukuk issuances would range between $145-150 billion in 2022
Agency predicts rate hikes from central banks in union
Stabilizing inflation among institution's main goals
ECB still buying govt bonds, corporate securities
Bahrain grants Binance preliminary approval
Digital Asset Management
Digital asset management, a key to future prosperity
Mubadala strengthens its partnership with Chimera Capital
GCC investors eye UK's real estate sector