Banking & Finance

Fed raises interest rates by 25 basis points. Gulf  central banks follow

Powell: No decision yet on the Fed stopping raising interest rates

Have Russia and Iran successfully bypassed SWIFT?

The two countries just launched their own financial messaging system

IHC injects USD400 mn into Adani offering

Expressed confidence in the Indian billionaire's business

Investor relations (IR) and IPOs: A journey of co-existence

Providing yoy or qoq comparisons not enough to inspire investment

Qatar in talks to acquire UK’s Tottenham for USD1.66 bn

Messi lining up a $300 mn a year deal to join Saudi's Al Hilal

Affirma Capital, StonePine announce final closing of a USD20 mn deal

To acquire a significant minority stake in a pharmaceutical firm

Will the CBE spring a new surprise at the MPC conclave?

Date aligns with that of the US Federal Reserve

Oman gets on IPO bandwagon with 49% of OQ shares

Investment Authority plans to raise over $1.3 billion

Will Sukuk issuances rise or fall in 2023?

The UAE was the most active country in the 2022 edition

TSFE, Etisalat Egypt launch Erada Microfinance

New company aims to provide financial services to micro, small enterprises

Korean anime giant Kakako wins USD 966 mn from Saudi’s PIF

Funding will be used to fuel international expansion

Mubadala, Alpha Dhabi form $2.5 billion private credit joint venture

Mubadala will hold 80% ownership in the AD Global Market-based entity

FAB explores a Standard Chartered takeover, doesn’t follow through

UAE bank's market capitalization is more than $51 billion

Cross-border payments across GCC get a major boost

AFAQ is another step closer to unifying banking across the region

PwC Middle East identifies top trends driving region’s banking ecosystem   

Conversations focused on the transformation taking place in financial services

UAE bank deposits record strongest growth since 2015: CBUAE

Central Bank: Loan-to-deposit ratio reached lowest level in 7 years