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Saudi economy shows healthy figures in NovemberSaudi Arabia’s key economic indicators look healthy, a report said, adding that the money supply (M3) expanded 11.6% y-o-y in November, supported by a rise in M1 and M2, increasing 13.0% and 12.4%, respectively. Credit to th More… |
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Saudi economy shows healthy figures in NovemberSaudi Arabia’s key economic indicators look healthy, a report said, adding that the money supply (M3) expanded 11.6% y-o-y in November, supported by a rise in M1 and M2, increasing 13.0% and 12.4%, respectively. Credit to th More… |
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Bahrain’s money supply surges to $34.7bn in Q1Bahrain’s money supply (M3) increased to BD13.2 billion ($34.7 billion) at the end of the first quarter (Q1) of this year compared to BD12.4 billion at the end of Q1 2018, according to data released by the Central Bank of Bahrain (CBB). More… |
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UAE cbank money supply M1 tops $140bn in AprilThe UAE’s Central Bank has announced that the Money Supply aggregate M1 increased by 1.3 per cent, from Dh510.6 billion ($139 billion) at the end of March to Dh517.4 billion ($140.8 billion) at the end of April, a media report said. More… |
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UAE gross bank assets reach $733 billionThe UAE gross bank assets, including bankers’ acceptances, reached Dh2.688 trillion ($733 billion) at the end of January, reflecting a 0.3 per cent fall from Dh2.695 trillion at the end of prior-month, figures by the UAE Central Bank More… |
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Kuwait’s credit growth fails to resume strengthKuwait’s resident credit growth improved to KD96 million ($317 million) in February, remaining relatively modest, with growth rising slightly to 6.4 per cent year-on-year (y/y), a report said. Growth in household borrowing w More… |
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Top Qatar banks to raise $1bn in bondsCommercial Bank of Qatar (CBQK) and Doha Bank (DHBK) announced that they will be raising QR2 billion ($548.7 million) each in Tier 1 bonds to improve their capital adequacy ratios (CARs), a report said. The bonds will also provide More… |
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UAE money supply growth hits 2-year highMoney supply (M3) in the United Arab Emirates grew 11.3 percent year-on-year at the end of May, the fastest rate since June 2011, after a 9.7 percent rise in the previous month, central bank data showed on Thursday. Bank lending g More… |
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Euro zone lending falls for 8th monthLoans to companies and households in the euro zone contracted for the eighth month running in December, showing low official borrowing costs are having little success in reviving investment and spending. The European Central Bank More… |
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Oman loan growth at 9-month lowThe bank lending in Oman registered a 17.4 per cent growth on an annual basis in September, the slowest pace since December last year, compared to an 18.1 per cent jump in August, central bank data showed on Tuesday. The Sultanate's More… |
