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Feb 23

Forbes 30 Most Valuable Banks Middle East

MENA’s banking sector has shown resilience over the last year, supported by higher interest rates and oil prices. According to Fitch Ratings’ 2024 outlook report, rising interest rates and oil prices will support overall solid economic conditions for the Middle East and maintain reasonable levels of liquidity, profitability, and adequate capital buffers in most GCC banking systems in 2024.

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