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Despite fallout from the war, Emirates NBD and FAB beat earnings expectations in 1Q 2026
Both state-backed giants still took booked impairment charges — and ENBD says its USD 3 bn India acquisition is still…
Force majeure from Kuwait Petroleum,
Plus: Oman goes deeper in trade finance with Africa
Syria taps World Bank, Oliver Wyman for financial sector reform
Oliver Wyman and the World Bank are helping with technical support and reviews, and Qatar Fund for Development is bankrolling…
Bahrain rolls out BHD 7 bn banking sector relief package
Borrowers will get debt relief for up to three months, whereas banks will have access to government-backed liquidity for up…
Turkish banks are eyeing Syria — and Stellantis is doubling down on Algeria
PLUS: Surprising exactly no one, business activity slumped last month in Qatar and Kuwait
Jordan cuts reserve requirements, frees up JOD 700 mn for banks hit by Gulf war fallout
The measures could inject some JAD mn in lendable liquidity
Also on Our Radar
Plus: A unit of Italian hospitals group San Donato eyes expansion in Saudi, Egypt
GCC banks could see a 25% surge in losses in 2026
Dubai Islamic Bank and the First Abu Dhabi Bank reportedly have the biggest exposure to real estate risk
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