Latest articles from Middle East

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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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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