Cost of funds in the banking sector will remain a key focus in 2020 as banks compete for a lower cost and a more diversified funding...
(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 off crude...
The Middle East economy is expected to recover in 2020 following a year of slow growth in 2019. Oil will continue to be the dominant driver...
(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...
(Bloomberg) –Dogged for most of 2019 by trade tensions and political risk that hammered business confidence, the outlook for global growth will enter 2020 on a...
(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 — may...
(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 with Barack...
(Bloomberg) –It may come down to the will of central banks, trade negotiators and voters this week to set the tone for emerging markets headed toward...
(Bloomberg) — The United Arab Emirates’ economy is ending a difficult year on a low as business activity slumps to a level not seen in more than...
(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 Liban,...