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GCC banks report single digit profit growth

Net earnings of GCC banks under Global Investment House's coverage increased 4.7%YoY to USD5.3bn in 4Q15. Net profit of banks in the UAE increased the...

Middle East banks to get richer

Banks in the Middle East seize opportunities for global expansion Bank M&A transactions set to outpace GDP growth in emerging markets World trade flows, increased gross...

S&P reviewing credit ratings of 25 GCC banks

Standard & Poor’s (S&P) is currently reviewing credit ratings on 50 banks in the Middle East and North Africa under a revised set of criteria.