UAE central bank survey projects moderate growth in loan demand
Demand for business credit and personal loans in the United Arab Emirates increased marginally in the…
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Banks
U.S. budget deficit widens to $666 billion in FY2016/17
The U.S. budget deficit widened to $666 billion for the financial year 2016/2017 as record spending more than…
Qatar Islamic Bank Q3 net profit ups 10.9%
Qatar Islamic Bank (QIB), the Gulf state's largest sharia-compliant lender by assets, reported a 10.9 percent jump…
World Bank and Egypt discuss disbursement of final $1bn tranche of loan
Egyptian government officials held talks with the World Bank on Tuesday to discuss the accelerated disbursement of…
Egypt expects to renew financing deal with global banks
Egyptian Finance Minister Amr El-Garhy said on Monday he expects a financing agreement with a consortium of global…
Islamic Development Bank targets $3bn strategy for Egypt
Saudi Arabia-based lender Islamic Development Bank (IDB) plans a new strategy worth $3 billion to cooperate with…
Singapore central bank, bank association, Accenture in blockchain tie-up
U.S. consulting company Accenture said on Thursday it has been appointed by the Monetary Authority of Singapore…
World Bank: Egypt’s budget deficit to fall 8.8% in FY2017/18
Egypt's budget deficit is expected to ease to 8.8 percent within the financial year 2017/2018 following a series…
Global central banks can copy Canada as bubbles inflate
Global central banks, which fret about high asset prices, could take a page from the Bank of Canada which is…
Bank of England isn’t just any old central bank, as new book shows
It is a curious thing that while the Federal Reserve garners much hatred in the U.S., the same is not true of the…