BLME News Reporter

(Bloomberg) -- Kuwait’s budget deficit narrowed to 3.35 billion dinars ($11 billion) in the last fiscal year, down 31% from a year earlier on higher-than-anticipated...

(Bloomberg) -- Etihad Airways may be cutting routes and slashing jet orders after racking up billions of dollars in losses, but one market at least...

Oman's banking sector remained strong while supporting the growth of diversified economic activities in the Sultanate in 2018. The credit extended by ODCs (conventional...

Gartner predicts that a whopping 80% of traditional banks will go out of business by 2030. The financial services industry is at the cusp...

(Bloomberg) -- Abu Dhabi Commercial Bank, which completed a three-way merger in May, reported an 11% decline in second-quarter profit as the cost of funds...

(Bloomberg) -- The number of financial companies operating in the Dubai International Financial Centre rose 11% during the first half, even as a slowing global...

(Bloomberg) -- India’s newest billionaire is a former classroom teacher who developed an education app that’s grown to a valuation of almost $6 billion in...

(Bloomberg) -- YouTube’s most popular and prolific channels racked up 14.2 billion views in one week early this year. Videos starring and aimed at kids...