Agthia 9M profit nearly triples

Third-quarter revenue increased 14.4 percent.

UAB nine-month profit rises 6%

Loan growth, lower impairment charges boost earnings

du 9M profit up 10.8%

Revenue grows as connectivity demand supports earnings

Al Rajhi Bank 9M profit up

Revenue growth lifts earnings despite higher provisions

Mashreq prices Dim Sum bond

UAE bank raises offshore renminbi funding

Arab democratization slides further in 2021

MENA region is the least democratic area surveyed in the index.
  • According to the Economist Intelligence Unit Democracy Index, the Middle East and North Africa is the lowest ranked of all regions covered in the index.
  • Many Arabs surveyed say they would prefer a strong leader 'who would bend the rules to get things done'.

According to the Economist Intelligence Unit Democracy Index, the Middle East and North Africa is the lowest ranked of all regions covered in the index. The findings come just over a decade after the so-called Arab Spring protests called for democratic change. The EIU index said that less than two years after the protests, just one of those countries – Tunisia – remained a democracy, but a draft constitution published last week could push the country back towards authoritarianism, if approved. This is how six of the Arab nations ranked on the index.