liquidity


Gulf Investor With $540m In Cash Says M&A Spree Not Over

Middle East Business News - Published date: .

IHC shares have soared more than 500% in 2020, giving the company a market capitalisation of about $19bn Read more

UAE Central Bank Boosts Liquidity With $4.3bn Cash Injection

Middle East Business News - Published date: .

Certificates of deposit dropped to $53bn by the end of May, from $54bn in April Read more

Abu Dhabi Returns To Dollar Bond Market With Multi-tranche Deal

Middle East Business News - Published date: .

UAE capital is among the list of many selling bonds to bolster their finances in the face of lower oil and gas prices Read more

Mashreq Reports Drop In First-half Profit Amid 'tough Operating Environment'

Middle East Business News - Published date: .

Covid-19 pushed the impairment allowances to increase in the second quarter of 2020 massively affecting half yearly prof... Read more

UAE Central Bank To Launch Overnight Deposit Facility For Banks

Middle East Business News - Published date: .

Overnight money market rates should hover around the Base Rate under normal markets conditions Read more

Oman Offers Emergency Interest-free Loans For Firms Hit By Virus

Middle East Business News - Published date: .

The Gulf nation has already trimmed its budget spending and announced liquidity support Read more

Kuwait's Stimulus Package Offers $16.5bn In Additional Lending, KBA Chairman

Middle East Business News - Published date: .

Adel Al-Majed has said the global crisis posed by coronavirus is worse than the financial meltdown of 2008 Read more

Lebanon Banks Tighten Withdrawal Caps, Sparking Outcry

Middle East Business News - Published date: .

Withdrawal limits differ from bank to bank, but have so far generally been capped at around $1,000 a month Read more

Lebanon Banks Told To Boost Capital To Ease Growing Pressure

Middle East Business News - Published date: .

Banque du Liban said raising capital by $4bn would help banks 'confront the current situation and any future development... Read more