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IMF wants independent administrators running Lebanese banks during losses assessment, but Beirut is hesitant
PLUS: UAE lobbies to come off travel warning lists as Dubai tourism posts its sharpest rebound since the Iran war
Morocco’s water security and Oman’s Yiti sustainable city pick up USD 190 mn from OPEC Fund
Plus: EBRD backs Iraqi trade finance and Moroccan energy-efficiency lending with matching EUR 25 mn lines
QNB Syria issues the country’s first internationally accepted payment card
In August, Mastercard and QNB Syria processed the country’s first transaction using an internationally issued Mastercard card in more than…
As UAE loan deferrals expire, GCC banks face their first real asset-quality test
Banks across the UAE, Saudi Arabia, Qatar, and Kuwait are posting rising profits and NPL ratios are near record lows
Tunisian bank lending to businesses jumps as gov’t borrowing slows
Household lending, on the other hand, grew at a much slower rate
Oman’s hydrogen ambitions have a named customer
Plus: Turkey’s Golden Global Yatirim Bankasi and its two subsidiaries get targeted in Washington’s Iran sanctions
Lebanon’s PCH eyes USD 100 mn to restart subsidized mortgages at rates below Gulf-funded lender
Public Corporation for Housing stopped taking applications in 2019
Kuwait bans cash payments for real estate, gold, and precious stones transactions
PLUS: Syria restarts two natural gas wells in Deir Azzor
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