Latest articles from Middle East

bahrain banks

Bahrain's banks rebuild after Covid contraction

February 22, 2022

After being hit hard in the early days of the pandemic, Bahraini lenders are cautiously optimistic about growth prospects for 2022.

HSBC UAE

UAE banks remain cautious on lending

January 26, 2022

Protected from the worst of the Covid-19 pandemic by the central bank, UAE's stable banking sector faces asset quality challenges and profitability pressures. Is further M&A on the cards?

Olivier-Crespin

UAE's Zand aims to support SMEs

January 25, 2022

On the runway to launch, the CEO of the UAE's new digital-only bank talks about its plans to attract customers in a competitive market.

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UAE's competitiveness agenda

January 21, 2022

Already one of the most dynamic economies in the Middle East, the UAE is continuing to pass bold reforms to attract investment and talent from around the world.

5 Mohammed Ali Al Shorafa

Mohammed Ali Al Shorafa: Abu Dhabi's open for business

December 31, 2021

Abu Dhabi's goals will be realised through pivoting the economy towards technologies and new economic sectors, says the chairman of the Abu Dhabi Department of Economic Development.

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Middle East's improved outlook for 2022

December 23, 2021

Sunil Kaushal, Standard Chartered's regional CEO for Africa and the Middle East, speaks to John Everington about the outlook for GCC economies in 2022, oil market predictions, and the Middle East's growing trade links with Asia.

Bahrain skyline

Fintech growth and innovation in Bahrain

November 12, 2021

Fostering an innovative and competitive financial services sector requires a forward-thinking central bank to establish a strong regulatory framework.

Kuwaiti banks’ ROA hit by oil price drop

November 4, 2021

National Bank of Kuwait, the largest bank in the country, saw return on assets fall to 0.87% in 2020.

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Pandemic hits pre-tax profits at Bahrain’s banks

October 29, 2021

Two of the four largest lenders in the Gulf country posted a loss last year.

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Diverging paths of NPLs at Jordanian banks

October 28, 2021

Arab Bank, the country’s largest lender, saw bad loans increase to 6.8% of its total loan book in 2020, while Jordan Islamic Bank, the fourth-largest bank by assets, saw its NPL ratio drop to 2.6%.

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