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The Banque du Liban's large gross foreign reserves maintains the Lebanese financial systems considerable liquidity buffers to weather a period of slower financial inflows or short-term outflows. (Shutterstock)

July 8th, 2018 - 10:01 GMT

Lebanese Banking System Is Stable Despite Various Challenges

The operating conditions in Lebanon have stabilised but challenges remain.

On Friday, the Pakistani currency closed at 31.47 against the UAE dirham and 115.5 against the greenback. (Shutterstock)

May 27th, 2018 - 08:08 GMT

Time to Remit? Pakistani Rupee Likely to Hit 38 Against UAE Dirham

Profitability at the five largest Saudi banks could be pressured going into 2018, according to Moody's. (File photo)

August 13th, 2017 - 11:14 GMT

Saudi Banks to Face Profitability Pressures in 2018: Moody's

The Organization of Petroleum Exporting Countries (OPEC) reached a deal to cut global oil production by 1.2 million barrels per day to balance an oversupplied market through managed production declines. (AFP/ Yasser Al Zayyat)

May 3rd, 2017 - 12:00 GMT

Kuwait Petroleum Reports $715 Million Net Profit Despite Competition, Oil Turbulence

Stabilizing oil prices, large international sovereign debt issuance and lower credit growth are expected to improve funding conditions for banks in the GCC over the next year. (AFP/ File)

May 2nd, 2017 - 07:07 GMT

Funding Pressures on GCC Banks to Ease this Year As Oil Recovers: Moody's

Moody's expects only a moderate uptick in real GDP growth in Jordan to 3.2 per cent for 2017, still below potential. (File photo)

January 29th, 2017 - 11:00 GMT

Jordan's banks to remain resilient despite challenging conditions: Moody's

Moody's said Oman currently has the highest subsidies for residential consumers of electricity and Dubai has the lowest based on the actual cost per kilowatt hour (kWh). (File photo)

March 30th, 2016 - 10:00 GMT

GCC subsidy reform will strengthen utility sector's credit: Moody's

Moody's maintains that the local impact of funding volatility in Saudi will still be manageable due to a broad depositor base. (File photo)

March 17th, 2016 - 05:05 GMT

Bad news for Saudi's banking sector as Moody's revises outlook to negative

Al Bawaba

February 23rd, 2016 - 12:00 GMT

GCC banks may face double squeeze due to low oil prices: Moody's

The GCC's savings from increased fuel prices will likely be small - an average of 0.5 per cent of GDP across GCC countries in 2016. (File photo)

February 18th, 2016 - 12:00 GMT

GCC needs more than fuel subsidy reforms: Moody's

Al Bawaba

October 29th, 2015 - 05:54 GMT

Moody's assigns Oman's sukuk definitive A1 rating

Moody's expects Oman's real GDP growth to slow, but remain positive. (Al Bawaba/File)

October 7th, 2015 - 10:40 GMT

Moody's gives Oman's sukuk provisional (P)A1 rating