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GCC
Banking & Finance
Total assets of Qatar’s banks surge 5.8 percent to $541 billion in February
Meanwhile, domestic credit saw a 5.8 percent annual increase to QAR1.26 trillion
Banking & Finance
Oman to embrace IBAN system: A new era of seamless financial transactions
A significant step forward in modernising Oman’s financial infrastructure, says CBO
Logistics
GCC, Türkiye to forge new path with free trade agreement negotiations
Trade between both parties rose to $31.4 billion in 2023, from $2.1 billion in 2022
Banking & Finance
GCC banks still vulnerable to climate transition risks: Report
GCC banks consider the quantification of climate transition risks as a key challenge, according to an S&P report
Hospitality & Tourism
Qatar sees 160.6 percent growth in tourists from GCC in January
Qatar aims to receive 6 million tourists by 2030 under its national strategy
MENA
Telcos in the GCC embrace technology for revenue diversification: Report
The revenue contribution from non-telecom operations will not have immediate impact on ratings, as per the report
Economy
U.S. Federal Reserve likely to keep interest rates unchanged this week as inflation rises
Markets adjust expectations amid mixed economic indicators
Bahrain
Moody’s affirms stable outlook for Bahraini banks amid non-oil growth
Non-oil economic growth in Bahrain is projected to remain stable at 3.2 percent
Hospitality & Tourism
Dubai sees 21 percent jump in international tourists at 1.77 million for January 2024
Western Europe leads source markets as Dubai continues to attract global tourists
Logistics
UAE’s Jafza witnesses 28 percent year-on-year surge in new Indian companies
Over 190 new Indian businesses boost Jafza's Indian company count to 1,500+
Banking & Finance
UAE financial system more secure and efficient than ever before: Central Bank report
Report highlights sector's technological advancements and operational efficiency
Op-eds
Fostering customer-centric value with fintech
Power of fintech spurs technological progress, innovative customer-centric value propositions
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