Turkey is on verge of disinflation, top two economic policymakers say
Turkey's economy is beginning a sustained run of disinflation, two top economic policymakers said on Thursday in presentations to foreign…
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Saudi Central Bank clarifies amounts exempted from bank account seizures
The Saudi Central Bank (SAMA) has clarified the amounts exempt from seizure and enforcement on bank accounts. This clarification comes…
Global Wealth Report 2024
People around the world are getting progressively wealthier – and that doesn’t just apply to those who already own great…
Dubai Chambers and VFS Global Sign MoU to Accelerate Trade and Investment Opportunities
Looking to reduce friction for Dubai-based firms looking to globally expand into different markets, Dubai Chambers, the non-profit public entity…
Afreximbank plans $3.2bln boost for Egyptian banks, companies
African Export-Import Bank (Afreximbank) is set to allocate an additional $3.2 billion in financing to Egyptian banks and businesses, aiming…
Saudi Banks Hit Record-Breaking Profits of USD 1.96 Billion
The Saudi National Bank has reported a 14-month high in profits. The Central Bank of Saudi also reported that the…
SAMA regulations enhancing Saudi Islamic banks’ transparency: Fitch Ratings
Regulations implemented by the Saudi Central Bank from 2020 until the end of the first half of this year have…
Oman Housing Bank launches campaign to enhance financing services across Oman
The Iskan platform offers a suite of services to streamline the financing process for citizens. Users can check the status…
Saudi Re completes the sale of its stake in Probitas for £123mln
Saudi Reinsurance Company "Saudi Re" has completed all procedures for the sale of its entire 49.9% stake in Probitas Holdings…
FAB says ‘no’ to $5bln Yes Bank stake acquisition reports
UAE's First Abu Dhabi Bank (FAB) has denied reports that it is considering buying a stake in India’s Yes Bank…
Türkiye's wealth fund reportedly exploring stake sale in Turkcell
Türkiye’s sovereign wealth fund is reportedly weighing whether to sell its 26.2% stake in Turkcell, the country’s biggest telecommunications operator,…
Al Salam Bank Launches “Digital Personal Finance” Campaign On Mobile Application
Al Salam Bank has launched a campaign for clients looking to apply for a new digital personal finance through the…