2021 UAE banking sector outlook stable despite asset quality pressures.

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As we are heading towards the end of a whirlwind year,

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Coronavirus – A Global Pandemic

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The Coronavirus or the Covid-19 started from the Wuhan city of

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UAE, Saudi banks to benefit from rising interest rates

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Low cost deposits, floating rate loans to improve loan yields. Dubai: Banks in the UAE and Saudi Arabia are expected to benefit from the rising interest rates after the...

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UAE VAT rate remains unchanged after Saudi hikes it to 15 %

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In a recent move, Saudi Arabia announced a threefold hike in the VAT raising it from 5% to 15% from July 1, 2020. In addition to this the kingdom...

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