History demonstrates that financial downturns sneak at whatever point oil gets too high If it would appear as a duck, swims like a duck, and quacks like a duck, it’s presumably a duck. What’s more, now, this duck is looking a great deal like an oil shock. In Brazil, a strike by truckers dissenting…

The S&P 500, Nasdaq Composite and Dow Jones Industrial Average all completed the week in positive region The US dollar rose and Treasury yields slipped recently on uneasiness about a potential worldwide trade war as the pioneers of the Group of Seven nations met in Canada. US stocks finished higher however because of additions in…

Dangers will be constrained on the account of the government’s association One of Europe’s greatest pension funds is expecting twofold digit returns on another Danish speculation vehicle that depends on the United Nation’s feasible advancement objectives. ATP, which has about $120 billion in resources under administration and is based north of Copenhagen, predicts it will…

A 360-degree approach to customer relationships is key to keep consumers coming back for business. While technology is a great tool, the banking sector runs on relationships. For centuries, the bond between banks and their customers served as the backbone of the business. Today, as competition increases, balancing digital with personal service has never been…

Increment in interest rates, joined with enhancing nearby monetary development, is relied upon to help the profitability of neighborhood banks through enhanced advance yields, investors and experts have said. A week ago, the Central Bank of the UAE raised interest rates on its authentications of store following the US Federal Reserve’s 25-premise direct increment toward…

Agreeing to Fitch Ratings, the UAE’s banking segment standpoint for 2018 stay strong with regards to stable working condition in the nation. “The UAE working condition stayed strong in 2017, and this is required to proceed in 2018, because of its more noteworthy broadening [particularly Dubai] than GCC peers,” said Redmond Ramsdale, an examiner with…

The UAE banking system has been ranked the top banking sector in the Gulf region in terms of assets in the first half of 2017, while the total assets of the 48 banks operating in the country reached US$723 billion (AED2.66 trillion) for the year 2016. Experts in the sector said the continued stability of…

Digitization shift brings with it security threats and strong competition The banking industry, integral to our commercial and personal lives, has evolved with the times to embrace new challenges and cater to constantly changing consumer behavior and attitudes. Technology has undoubtedly played an obvious and increasingly important role in the evolution of the banking industry…

Leading Dubai banks such as Emirates NBD (ENBD), Emirates Islamic (EI) and Dubai Islamic Bank (DIB) posted their first-half results on Wednesday, reporting strong operating performances supported by declines in costs, lower provisions and improved margins. Emirates NBD reported a net profit of Dh3.9 billion for the first half of 2017, up 5 per cent…

Economists are not known for their communication skills, to put it mildly. The typical economics paper is written in a formal, stilted style, laden with phrases like “in the following subsection” and jargon and highly formalized mathematical definitions. For a non-economist to hack through the verbal jungle of the typical paper is often an impossible…

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