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1 – 10 of 17Previously in April, Saudi banks put together a SAR10bn (USD2.7bn) revolving credit facility for NEOM, the largest of a cluster of ‘giga-projects’ backed by the PIF. This…
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DOI: 10.1108/OXAN-DB287731
ISSN: 2633-304X
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OMAN: Muscat will capitalise on its fiscal space
The draft foresees a central administration budget deficit of 80.6 billion lira (14.3 billion dollars) or 1.8% of GDP. Maintaining fiscal discipline would bolster international…
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DOI: 10.1108/OXAN-DB239337
ISSN: 2633-304X
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However, serious concerns remain about the credibility of Turkey's Central Bank (CBRT), whose refusal to mount an interest rate defence of the lira accentuates the risks posed by…
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DOI: 10.1108/OXAN-DB206415
ISSN: 2633-304X
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State banks’ increased use as policy instruments.
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DOI: 10.1108/OXAN-DB241954
ISSN: 2633-304X
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It was a bid to stabilise the lira. Bank deposit and credit rates have already risen sharply, and credit growth has virtually halted. As Turkey’s economic crisis takes hold, the…
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DOI: 10.1108/OXAN-DB238519
ISSN: 2633-304X
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Banks' response to limited growth and profitability from restrictions on growing their credit card businesses.
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DOI: 10.1108/OXAN-DB216439
ISSN: 2633-304X
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UNITED ARAB EMIRATES: Possible listing to worry banks
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DOI: 10.1108/OXAN-ES242336
ISSN: 2633-304X
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This, with his recently acquired Beltone Financial Holding SAE, will create Egypt's second largest investment bank. Yet the profitability of the Middle East and North Africa…
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DOI: 10.1108/OXAN-DB210155
ISSN: 2633-304X
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The lira’s collapse has only fortified President Recep Tayyip Erdogan’s adherence to unorthodox low-interest-rate policies. Rather than changing course, Erdogan has publicly…