Surging oil prices enhance financial position of Gulf countries: Moody’s
Moody's said that significant oil and gas producers could boost their production...
Moody’s
Kuwait banking sector on recovery path despite inflation, political turmoil
Kuwait's cost-to-income ratio, which was particularly high at 44.2% compared to the...
Qatar’s top banks report a net profit of $3.2 bn during H1 2021
The net profit surge is due to a rise in interest and...
BNP Paribas appoints new Saudi head
Ms Al-Asmari served as the CEO of Natixis for the Kingdom’s operations,...
Japanese insurers to largely implement ESG, says Moody’s
Major Japanese insurers have unveiled plans to stringently adapt to ESG in...
European banks to incur loan losses of around $458 bn due to Covid-19
Loans to SMEs and consumer loans are more at risk...
UAE’s four largest banks’ profitability to remain strong in 2020
The combined net profit of the four banks increased 13 percent to...