QNB Group announced its remarkable success in the recent Global Finance Awards, where it has been recognised across several prestigious categories, including the country award ...
Over 800 new firms registered with Qatar Financial Center in 2024, recording 156% growth
Qatar Financial Centre (QFC) witnessed record growth in 2024, welcoming 836 new firms to its platform, a 156 percent growth compared to ...
Armenia and Azerbaijan are at loggerheads again – here’s why tensions are rising
Azerbaijans president, Ilham Aliyev, has launched a fierce verbal attack on Armenia, which he has called a fascist state. Fascism must be destroyed, he said in an interview on local TV networks on ...
Georgian Finance Minister, IMF mission review economic outlook, ongoing reforms
Economic outlook, budget parameters for the current year and ongoing reforms in Georgia were discussed on Wednesday in a meeting between the Georgian Finance Minister Lasha Khutsishvili and a visiting ...
UAE banking sector assets surge to Dh4.46 trillion
The UAE banking sector, the largest in the Middle East, recorded a big surge in assets in 2024, reaching Dh4.457 trillion at the end of November 2024, comp..
Turkey monthly inflation to accelerate in January, annual rate seen slowing to 41.25%
Turkey's monthly inflation rate is expected to rise sharply to 4.35% in January, driven by an annual hike in the minimum wage and various new year price adjustments, while the annual rate is seen ...
Shares of Dubai’s Emirates NBD set for worst day in 5 years after flat quarterly earnings
Emirates NBD , Dubai's biggest bank by assets, reported a flat fourth-quarter net profit, slightly missing estimates as investments to "drive future growth" offset higher income and lower impairment ...
Nvidia falls 4% after report of potential additional curbs on China sales
Nvidia (NVDA) stock slid 4% Wednesday after Bloomberg reported that Trump administration officials are "exploring additional curbs" on Nvidia's chip sales to China. Bloomberg's report added that the ...
Unlikely foes: Egypt and the UAE’s hidden battle for Sudan
Despite shared history and mutual interests, Cairo and Abu Dhabi find themselves at odds in this brutal civil war ...
China’s Search for a New Economic Engine
China is shifting its economic focus away from real estate towards new core industries like electric vehicles, robotics, and semiconductors.