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The Coronavirus and its repercussions have caused UAE banks’ profits during 2020 to decline compared to the previous year. Banks all over the country...
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The Coronavirus and its repercussions have caused UAE banks’ profits during 2020 to decline compared to the previous year. Banks all over the country...
US court ruled that Citibank can’t get an amount of $500 million transferred by mistake for Revlon’s lenders, and that the recipients of the...
Most Gulf leading banks’ profits were affected by the Coronavirus pandemic, especially their consolidated net profits. The pandemic also caused a rise in their...
The Turkish lira rallied by more than 20% against the dollar to below 7 for the first time since early August 2020. The rise...
Ratings agency Fitch lowered eleven Kuwaiti banks outlook from “stable” to “negative” outlook on Thursday. The agency lowered the outlook of Kuwait sovereign itself...
Saudi banks’ profits fell in 2020 to their lowest levels in four years, due to the Coronavirus pandemic repercussions. According to central bank (SAMA)...
Saudi Arabia’s Central Bank announced, in its monthly report, that its reserves in foreign exchange decreased by 9.19% on an annual basis by the...
The Qatari Al Khaliji Bank achieved gains of QR683 million, recording an increase of 5.7% year-on-year, in 2020, with a return of 0.17 riyals...
The Saudi General Authority for Competition said it approved finalizing the merger between the National Commercial Bank and Samba Financial Group. GAC said Kingdom needs pioneering and...
Central Bank of Israel governor expressed optimism that the country’s economy will reopen in the coming months due to the world’s vaccine campaign. The...