Latest articles from Middle East

Mortgages at Israeli banks rise amid ongoing house price boom

October 25, 2021

Mizrahi Tefahot Bank, the country’s third largest lender by assets, saw its mortgage book expand by 24% year on year in 2020.

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Vision 2030 projects drive Saudi loan growth

October 13, 2021

The country’s two largest banks saw gross total loans increase by about 37% between 2016 and 2020.

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GCC listing 16x9

GCC capital markets hope for watershed year

October 4, 2021

After a period of decline and delisting for the region’s exchanges — apart from Saudi Arabia — hopes are now high of a rebound. 

Double whammy hits Omani banks’ ROE

September 27, 2021

The National Bank of Oman saw return on equity fall to 3.4% last year from 9.3% in 2019.

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dubai and tech

Incentivising UAE’s fintech boom

September 15, 2021

Financial services foreign direct investment rose in 2020 despite the pandemic and has remained robust this year on the back of generous state support.

Loan growth steady at UAE banks

August 25, 2021

The central bank implemented targeted support measures last year to ease pressure on companies and provide banks with liquidity.

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zand

A new era for GCC digital banking

August 19, 2021

Digital-only banks in the Gulf Co-operation Council are experiencing a boom.

Astyanax Kanakakis

Building UAE's blockchain KYC platform

August 13, 2021

Astyanax Kanakakis, chief executive of norbloc, on how its digital onboarding system has simplified the account-opening process.

hanan friedman

Bank Leumi CEO looks ahead to post-Covid growth

July 29, 2021

Hanan Friedman talks about digital strategy in the lockdown age and the opportunities created by the Abraham Accords.

Saudi Arabian lenders make gains in the Top 1000

July 26, 2021

Gulf country's banks are the main regional gainers in this year’s ranking, as loan books continued to rise healthily.

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