Banking & Finance
House Republicans refuse to guarantee deposits exceeding $250K
Leaders Edge Program creates a platform for distinguished capabilities at the ministry
To accelerate growth of innovative start-ups in the region
Figure may change as the regulator sells off assets
It includes 100 billion Swiss francs in financial assistance
Local banks and firms have limited or no exposure
Bank's stock has dropped 70% in the last nine trading sessions
Expenditures amounted to AED120.3 bn
DAMAC turned into profitability after it converted to a private firm
Recording 563 deals in 2022
Plan is to increase local content in the wealth fund's portfolio companies
A bailout from the Swiss National Bank and financial regulator is the most likely
Fund inked 4 agreements with local entities to develop the private sector
Despite Biden's reassurances
The round was led by venture capital firm Flat6Labs
Aggregate net income increased by 31.7% YoY
Silicon Valley and Signature shareholders will lose everything."
Signature Bank closed by regulators
Bank branches open Monday to allow customers withdraw up to $250K
Agreements aim to support small and medium enterprises
To address critical issues and opportunities
Sovereign Sukuk issuances to reach $80 billion
