Slowing Economy Gives Turkey Cover to Hold Interest Rates Again
Turkey’s central bank is poised to leave its benchmark interest rate unchanged in the face of a cooling economy and…
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Bank of Singapore names new heads for Financial Intermediaries and Dubai
Bank of Singapore has announced new appointments, including a new helm its Dubai business and a global segment lead for…
Abu Dhabi wealth fund L'IMAD increases stake in utility TAQA
Abu Dhabi's newest sovereign wealth fund L'IMAD Holding, headed by the emirate's crown prince, has increased its stake in state-owned…
Meraas named UAE Developer of the Year at Real Estate Asia Awards 2026
Meraas has been named Developer of the Year, United Arab Emirates, at the Real Estate Asia Awards 2026, recognising its…
Dani Richa transitions to Non-Executive Chairman role at Impact BBDO
Dani Richa will transition from his role as Group Chairman and CEO of Impact BBDO to Non-Executive Chairman, supporting the…
ICBC Dubai mandates banks for USD 3-year green bond, 3-year RMB bond sale
Industrial and Commercial Bank of China Limited (ICBC), Dubai (DIFC), rated A1 (Stable) by Moody’s and A (Stable) by S&P,…
Dubai Islamic Bank issues $1 billion Additional Tier 1 perpetual non-call 6-year Sukuk
DIB, rated A3 by Moody’s and A by Fitch, the world's first Islamic bank and the largest in the UAE,…
Egypt’s largest bank takes stake in fintech unicorn MNT-Halan, lifting valuation to $1.4 billion
Egypt’s largest bank has taken an ownership stake in fintech unicorn MNT-Halan, marking a significant shift in the relationship between…
Central Bank warns of potential salary budget shortfall in 2026
The Central Bank of Libya has warned that the continued rise in salary expenditures could result in a shortfall in…
Closing Bell: Saudi main market up to 11,115 points with $2bn in trade value
Saudi Arabia’s benchmark Tadawul All Share Index rose 142.29 points, or 1.30 percent, on Tuesday to close at 11,115.37. …
Why UAE residents shouldn't expect interest rates to be cut next week
Hopes for lower borrowing costs have taken another hit after a surprisingly strong US jobs report reduced expectations that the…
Qatar Central Bank announces changes to 5, 10, 50 riyal banknotes
The Qatar Central Bank (QCB) has announced changes to the fifth series of the 5, 10, and 50 riyal denominations,…