Egypt’s debt instrument market gets $970mln investments
Foreign investors have injected $970 million since early January in investments in Egypt’s long-term treasury bills (T-bills), an official source…
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Commercial Bank net profit surges 77.1% to QR2.304bn in 2021
The Commercial Bank (the Bank), its subsidiaries and associates (Group) yesterday reported a net profit of QR2.304bn for the year…
Exploring Banking: A Post-Covid Industry Trend View
BANKS, IT’S TIME TO BET BIG ON DIGITAL! In recent years, the need for business to move from physical…
Global digital lending platform TSLC announces 2 key senior appointments
The Social Loan Company (TSLC), which has developed a unique Artificial Intelligence (AI), Machine-Learning-powered credit enablement platform, announced today the…
Fitch Ratings has upgraded SEC's long-term IDR
A full list of ratings is provided below. The upgrade is driven by an upward revision of SEC's Standalone…
KPMG Report: One size no longer 'fits all' as cities focus on health, well-being
Highlights Cities are now at a historic inflection point as health, sustainability and community well-being gain WEF Framework Future of…
Bank ABC Wins Big
Bank ABC, MENA’s leading international Bank, has won Global Finance’s World’s Best Treasury & Cash Management Banks 2022 Award for…
Saudi FinTech start-up Lean raises $33m to expand its operations
Saudi Arabian FinTech Lean Technologies has raised $33 million in its latest funding round that will allow the company to…
Saudi Arabia kicks off the year with a $755 million sukuk issuance
The Saudi government offered sukuk denominated in Saudi riyals worth SR2.83 billion ($755 million) in its first issuance for the…
Turkey, UAE Sign FX Swap Deal Worth $5 Billion
Turkey signed a $4.9 billion currency swap agreement with the United Arab Emirates, boosting dwindling foreign-exchange reserves depleted by the…
Ex-Mondial COO joins Globaleye
Globaleye has announce the appointment of Byron Murphy as Managing Director (Global). Byron has worked in international financial services…
Africa Finance Corp. secures new funders from South Korea, Dubai
Africa Finance Corp., which focuses on infrastructure across the continent, raised $400 million in a syndicated loan to bolster its…