Low Interest Rates Halt Income Growth Arab Bank’s financials revealed a static bottom-line performance, as net income during the first half of 2016 registered $418.74M (JOD 297.16M) in comparison with ... read more
Following a poor macroeconomic performance over the first half of the year, the Jordanian economy managed to reverse the trend noticed in some economic sectors, such as trade. However, the Kingdom ... read more
The Amman Stock Exchange (ASE) has so far experienced a volatile performance during 2016, as a result of the occurrence of numerous macroeconomic events influencing the index’s performance. In this ... read more
According to a survey issued from the partnership between the Arab Monetary Fund (AMF), the International Monetary Fund (IMF) and the World Bank, Arab banks are witnessing withdrawal of correspondent bank ... read more
The macroeconomic picture in the MENA region was little changed during the second quarter of 2016. Oil-exporting countries were still trying to weather the impact of subdued oil prices on their fiscal and ... read more
Pressures on the Jordanian economy continued to grow over the first six months of 2016. As registered refugee numbers remain around the 650,000-mark and funding remains woefully short of the necessary ... read more
Weak oil prices and political climate continued to dictate economic performance in the MENA region during the first quarter of 2016. Despite the slight year-to-date uptick in oil prices, oil exporting ... read more
Blominvest maintains its HOLD rating on the Arab Bank stock, with a target price of JOD 6.11 per share. However, we expect some price volatility to be witnessed in the short term following the bank’s ... read more
Investors’ confidence in the economic outlook of MENA countries did not improve in the last quarter of 2015. The geo-political risks of the region that kept on aggravating and the worsening oil prices ... read more
2015 proved to be a very challenging year for the majority of global economies. However, while the Hashemite Kingdom was certainly affected in certain aspects, with the first six months proving to be ... read more
This website uses cookies in order to improve user experience. If you close this box or continue browsing, we will assume you agree with this. For more information click here