Impact of interest rate hike on Kuwaiti banks profitability
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Impact of interest rate hike on Saudi banks profitability
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UAE unveils new corporate tax regime
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U.S. inflation has surged to the highest levels seen since 1990 at 6.2% (Y/Y) due to factors such as higher shelter and car prices, which are both expected to continue rising as 2022 starts. The Federal Open Market Commit
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GCC composite index ended 2021 with gains of 31.4% with Abu Dhabi being the best performer gaining 68.2%, supported by sharp recovery in oil prices
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Kuwait’s All Share index gained 27% in 2021, top gainer being Consumer Discretionary sector with returns of 63.3%, reflecting recovery in oil prices.
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