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GCC banks' energy transition exposure on stable ground: report

Gulf Cooperation Council (GCC) banks' exposure to sectors most subject to energy transition risks has remained broadly stable over the past three years, said an S&P Global Ratings report.   However, the e

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GCC banks' energy transition exposure on stable ground: report

Gulf Cooperation Council (GCC) banks' exposure to sectors most subject to energy transition risks has remained broadly stable over the past three years, said an S&P Global Ratings report.   However, the e

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ADIB offers low-risk exposure to EU equities

UAE-based Abu Dhabi Islamic Bank (ADIB) said it is offering a new 100 per cent capital-protected note that gives investors exposure to European equities. Having suffered in the wake of the global economic crisis, European equities

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Bahrain trade to gain from F1 exposure

Bahraini businesses are expected to benefit from exposure to the international business community thanks to Formula One.   This was the concluding message from the final day of the "Business in Formula 1&quo

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ENBD sees 2014 loan growth at 7-8pc

Dubai's top lender Emirates NBD sees loan growth this year in the range of 7-8 percent and the bank has no plans to raise additional capital in 2014, its chief financial officer said on Monday. "Loan growth is expected to

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Samena urges action on RF exposure

The South Asia, Middle East, North Africa (Samena) Telecommunications Council, a non-profit telecom association that represents over 40 operators in 25 markets, has called for action to address the hazards of human radio frequency (RF) exposure

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UAE banks to get 5 years to obey exposure rules

Banks in the United Arab Emirates are likely to get about five years to conform to new large-exposure rules which the central bank will impose, the head of the banking industry association said on Monday. In an effort to prevent a

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UAE banks' lending to govt 'tops $42 billion'

United Arab Emirates banks' exposure to government-related entities is at its highest level as a percentage of capital since the 1970s, and there is little chance of authorities enforcing strict exposure limi

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Exposure deadline for UAE banks stays: cbank

  Banks in the United Arab Emirates will not be given an extension of the September 30 deadline for them to limit their exposure to state-linked debt, a UAE central bank official said on Monday.   &

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ENBD to pay for exposure to state-linked firms

Emirates NBD, Dubai's largest bank, will see its quarterly results hit again by its exposure to state-linked companies, in the latest sign of the toll taken by its status of the emirate's lender of last resort. The bank, formed at the beh

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