Gulf loan pricing bites bank margins; correction hoped for in 2015
Gulf banks are feeling the pinch of rapidly shrinking corporate loan margins, with some predicting a bounce in lending rates as soon as the first half of 2015 as the escalating price war bites into profitability.
Amlak real estate lending may gain pace before re-listing on Dubai Financial Market
Amlak Finance could accelerate volumes in real estate lending, analysts said, even as it waits for necessary approvals to re-start trading on the Dubai Financial Market after a gap of seven years.
Kuwait markets authority endorses UN terror financing rules
Kuwait's Capital Markets Authority told firms to abide by recent United Nations efforts to target financial backers of Islamist militants in Iraq and Syria.