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Moody’s: Outlook for GCC Banks Stable for 2020
December 2nd, 2019 - 08:30 GMT

Moody’s: Outlook for GCC Banks Stable for 2020

The outlook for GCC banks remains stable on the back of solid regional economic growth along with strong capital buffers and substantial liquidity of banks, Moody's Investors Service said. "Government spending programs will push average non-hydrocarbon GDP growth to 2.6 percent in 2020, providing favorable operating conditions for the region's banks," said Nitish Bhojnagarwala, vice-president and senior credit officer at Moody's. "Declining interest rates will start to pressure banks' net ...
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Lower crude oil prices and reduced production might materialize, with the increased possibility of oversupply from OPEC and non-OPEC, which will weigh negatively on oil revenues and will reverse the hefty fiscal and current account surpluses of recent years.
December 26th, 2013 - 05:18 GMT

SAMA's unprecedented role in safegaurding the Saudi economy

UAE's banking sector has recovered from the 2009 credit crunch.
November 14th, 2013 - 06:29 GMT

The two factors that will continue to drive the profitability of UAE's banks

The Qatari market has also met the quantitative requirements as defined for emerging markets. (Image credit: Shutterstock)
November 13th, 2013 - 05:00 GMT

The newest emerging market in the Middle East

One of Oman's largest economic sectors is tourism. The Sultanate hopes to have 12 million visitors by 2020 (Courtesy of One Oman)
November 3rd, 2013 - 11:48 GMT

Why this non-OPEC Gulf country is outpacing its GCC neighbors' economies

The home prices are increasing, mortgage rates are falling, maintaining the affordability for first-time buyer loans.
August 20th, 2013 - 03:18 GMT

Why one must remain cautiously optimistic about the state of real estate

Dubai construction firm might raise as much as $450 million from the bond market at the end of 2013 or in 2014
July 21st, 2013 - 06:46 GMT

Upswing in investor interest predicted for Dubai real estate bonds

Banks in the Gulf lack lending and credit underwriting experience outside their region, which we view as a significant risk factor
February 4th, 2013 - 12:25 GMT

GGC banks snapping up MENA rivals

The virtue of Islamic finance is the creation of real value in the economy thus creating real growth and jobs
December 10th, 2012 - 10:27 GMT

Value, growth and jobs: Islamic finance shines

Banks on the Khalid Bin Al Waleed Street also known as Bank Street in Bur Dubai.
November 8th, 2012 - 10:18 GMT

Financial sector boom set to pull region out of economic crisis

The Tunisian economy remains at "very high risk", according to Standard and Poor's
September 25th, 2012 - 09:04 GMT

Standard and Poor's says Tunisian economy faces “very high risk”

Since 2000, there had been two times when energy shares lagged behind the S&P 500 for four months or more, according to data
June 26th, 2012 - 12:45 GMT

Oil stocks biggest losers in valuations since 2009

Al Bawaba
September 22nd, 2008 - 03:43 GMT

Financial Markets: Forever Blowing Bubbles?

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