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Banking & Finance
Banking & Finance
Strong GCC sovereign external balance sheets despite increased banking sector external debt: S&P
GCC countries will have an average of $660 bn of gross external debt
Banking & Finance
UAE’s TAQA reports AED15 bn net income for first nine months of 2023
Company refreshed 2030 growth targets
Banking & Finance
Abu Dhabi Finance Week 2023: Global gathering of financial titans
Insights from 10,000 financial leaders in to discuss ‘Investing in a Transition Era’
Banking & Finance
ADIB issues world’s first green USD sukuk, raises $500 million
To be listed and traded on London Stock Exchange
Banking & Finance
GCC seals 128 mergers and acquisitions so far this year
UAE and Saudi emerge as key players
Banking & Finance
Saudi Fund’s contribution to Oman’s economy exceeds SAR11 bn over 46 years
Funding implemented across key sectors including water, energy and infrastructure
Banking & Finance
Saudi Central Bank’s total assets reach $490 billion in September
A 3.4 percent increase from August
Banking & Finance
Neobanks and traditional banks in UAE: A winning combination?
Neobanks attract traditional banks' customers with lower-cost products and services
Banking & Finance
solutions by stc reports Q3 profits surge to SAR387 mn
A 29 percent increase
Banking & Finance
Saudi Arabia leads MENA’s top 30 banks — S&P report
Seven banks from the country are collectively worth $805 billion
Banking & Finance
Arab open banking market set for 25 percent annual growth: Report
Key developments across various Arab countries including Saudi and UAE
Banking & Finance
Europe and US offer growth opportunities for GCC banks — report
With focus on Islamic banking services
Banking & Finance
UAE’s Alpha Dhabi acquires 51 percent stake in NTS Amega Global
The strategic move aims to strengthen the company's oil field services portfolio
Banking & Finance
XS.com: Pioneering Innovation and Setting New Benchmarks for Online Trading in MENA
Commitment to excellence, innovation and financial inclusion to drive company’s future growth
Banking & Finance
Strong fundamentals drive 30 percent surge in MENA banks’ H1 2023 net profits
GCC banks to sustain flexibility in 2023
Banking & Finance
Behind the Great Wall: China’s banking system and the real estate quandary
Approximately 40 percent of all bank loans are directly tied to the property sector
Banking & Finance
UAE’s Hub71 reinvents incentive program, grants up to $204,194
Further strengthening startup growth in Abu Dhabi
Banking & Finance
OpenAI’s revenue soars past $1.3 bn annually
Potential valuation jump to $90 bn on the horizon
Banking & Finance
Is your organization ready for the AI revolution?
The integration of AI can significantly shape employee experiences
Banking & Finance
Moody’s downgrades credit ratings of five major Egyptian banks
To CAA1, B3
Banking & Finance
Islamic banking assets to hit $5 trillion by 2025, data reveals
Sector is known for promoting responsible financing
Banking & Finance
Kuwait’s Central Bank releases $776 mn worth of bonds
For a 3-month period with a return rate of 4.375 percent
Banking & Finance
Saudi, Kuwait to lead growth in $3 trn Islamic finance sector in 2023-2024
S&P anticipates that COP28 will have a favorable effect on sustainable financing
Bahrain
Bahrain appoints new Central Bank Governor
Decree will be implemented effective February 1, 2024
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