Banking & Finance

Federal Reserve raising interest rates quicker if necessary

Next could be the fastest rate of price increases since the 1980s

Digital banks secure an advanced position in the Gulf

76% of Arab central banks considering issuing digital currencies

Higher interest rates to raise UAE Banks’ profitability

S&P Global economists expect the Fed to raise rates six times this year

Will Saudi’s PIF issue green bonds soon?

PIF’s ranking rose to sixth in the world, having compiled assets worth $580 billion

EFG Hermes delivers advisory on Macro Group Pharmaceuticals’ IPO

The IPO is the premiere listing of Egyptian cosmeceutical players

FAB proposes majority stake acquisition for EFG Hermes

Transaction conditional upon the completion of a comprehensive due diligence

Can Kuwait achieve its first budget surplus in years?

Fitch: Even without a debt law, the government meets its financing obligations

UAE SPACs ready to raise money: Blank checks arrive

In 2015, 20 SPACs raised $3.9 billion in funds globally

UAE’s corporate tax in sync with global practices

Al Saidi to “Economy Middle East”: It will boost tax revenues, transparency

Are Sukuk markets impacted by interest rates, Omicron?

Total Sukuk issuances would range between $145-150 billion in 2022

Gulf banks to reap recovery benefits in 2022: S&P

Agency predicts rate hikes from central banks in union

Egypt Central Bank fixes interest rates for ninth time

Stabilizing inflation among institution's main goals

Europe set to phase out emergency bond purchases

ECB still buying govt bonds, corporate securities

Crypto gets first regulatory nod in Gulf

Bahrain grants Binance preliminary approval

MENA ripe for digital wealth management

Digital asset management, a key to future prosperity

Chimera capital wraps up first $75M VC fund

Mubadala strengthens its partnership with Chimera Capital