Tag: economy

Cost of funds in the banking sector will remain a key focus in 2020 as banks compete for a lower cost and a more...

(Bloomberg) --Saudi Arabia’s economy shrank 0.5% in the third quarter, a contraction that was broadly expected even as the kingdom’s goal of weaning itself...

The Middle East economy is expected to recover in 2020 following a year of slow growth in 2019. Oil will continue to be the...

(Bloomberg) --Turkish authorities have extended their campaign against perceived political enemies into the $750 billion financial industry. Eleven former senior executives of non-state banks told...

(Bloomberg) --Dogged for most of 2019 by trade tensions and political risk that hammered business confidence, the outlook for global growth will enter 2020...

(Bloomberg) --Gold’s impressive advance in 2019 -- aided by trade war frictions, easier monetary policy across the world’s leading economies and sustained central-bank buying...

(Bloomberg Markets) --For an Emirati who’s not a member of Abu Dhabi’s ruling royal family, Khaldoon Al Mubarak is remarkably influential. Photos of him...

(Bloomberg) --It may come down to the will of central banks, trade negotiators and voters this week to set the tone for emerging markets...

(Bloomberg) -- The United Arab Emirates’ economy is ending a difficult year on a low as business activity slumps to a level not seen in...

(Bloomberg) --Lebanon’s central bank took emergency measures Wednesday in an attempt to ease the worst financial crisis the country has faced in decades. Banque du...