Banking & Finance

Saudi Central Bank licenses 3 new fintech companies

SAMA reaffirmed commitment to support finance and payments sectors

Kuwait’s Agility to buy Scottish John Menzies

Shareholders to receive 608 pence in cash per share

Saudi deposits $5 billion in Egypt’s Central Bank

Egypt announced it had requested assistance from the IMF

Saudi GEC: Over 6 billion riyals in third day agreements

Several programs were signed, initiatives launched and agreements

Dubai’s WGS draws a roadmap for the future

Al Gergawi: The summit seeks to highlight opportunities, reveal future challenges

SAR 28.9 billion in day 2 agreements and launches at Saudi GEC

The conference continued under the slogan "We Reinvent, We Renew"

Entrepreneurship conference in Riyadh: Agreements worth 16 billion riyals

Saudi Ministry of Investment grants 4 licenses to start-ups, one VC fund

Why did the UAE license crowdfunding activity?

SMEs represent 94% of the total number of companies

Alpha Abu Dhabi and Multiplay announce investment in DEWA’s IPO

Final price of "DEWA" on April 6 and start of trade April 12

Egypt seeks IMF support

The IMF praised "authorities' recent actions to expand targeted social protection

ADQ, Turkey Wealth Fund to support Turkish startups

Fund will invest in companies developing new tech or improving existing ones

Is devaluing the Egyptian pound a prelude to new IMF deal?

Egypt’s Central Bank Governor: Maintain FX liquidity, investor confidence

Egyptian pound declines after interest rate increase … CDs at 18% returns

The Central Bank raises interest rates for the first time since 2017

Gulf central banks follow the “Federal”, raise interest rates

The US Reserve rate increase among many expected this year and next

Federal Reserve raises interest rates for first time since 2018

It signaled seven rate hikes for this year to bring inflation under control

SHUAA joins growing list of regional companies going SPAC

The SPAC will be merging with tech-based financial services businesses

The Federal Reserve to enact first rate hike since 2018

Global central banks unveil their monetary policies this week

The ECB suddenly accelerated ending its stimulus program

ECB left the option of raising interest open before the end of the year

US Inflation at its highest level in 40 years

"Goldman" warns the US economy could be in a recession next year

Egyptian food prices raise inflation to highest levels in 32 months

JP Morgan: There is a likely need to depreciate the pound