Kuwait’s banking sector shows strong stability ahead of crucial Federal Reserve meeting
Balances held with the Kuwaiti Central Bank, government bonds and bills, and...
Category Banking and Finance
Gulf banks’ lending income rises to record USD 21 billion on high interest rates
Kuwaiti banks drove the expansion, with their net interest income reaching USD...
DBS looking to expand its Dubai operations, says outgoing CEO
DBS and Dubai-based lender Mashreq, in June 2024, announced a collaboration to...
Australia’s central bank underlines uncertainty about country’s economy
Though some analysts felt that rates were already too high, most economists...
GBO
Magazine
ICP: Advancing Saudi Arabia’s industrial edgeSince its launch, the ICP has begun delivering tangible results across the industrial sector...
Saudi Vision 2030: Significant investment & IT advancements boom in Kingdom’s banking sector
Over the last five years, the banking industry in Saudi Arabia has...
Three banks exit, five enter Kenya’s oil import deal with Gulf majors
Equity Group, United Bank of Africa, Diamond Trust Bank, I&M Bank, and...
ECB won’t debate inflation target, interest rate projections in upcoming review: Christine Lagarde
Christine Lagarde said that the ECB will not discuss adopting the US...
Analyst forecasts 9% Q2 earnings growth for Saudi banking sector
Hussein Al-Attas mentioned that consulting firms have a positive outlook for the...
Switzerland authorities draw flak in Credit Suisse collapse probe: Report
Credit Suisse collapsed in March 2023 and was taken over by longstanding...
UAE’s gross banks’ assets stand at USD 1.17 trillion: CBUAE
Aggregate bank deposits increased by 2.3% to AED 2,717.5 billion, between the...