featured

Reading Time < 1 minute

GCC banks are expected to post strong profits in 2026, led by Al Rajhi Bank with forecast earnings growth of 13.6%, according to S&P Global Market Intelligence.

Clock02/07/2026

Investcorp has secured a $550 million syndicated term loan, combining conventional and Islamic financing, after strong investor demand pushed the deal beyond its initial $400 million target. The proceeds will support general corporate purposes and debt refinancing.

Day Four of Dubai Future Finance Week explored the future of family wealth and tokenized finance, bringing together global leaders to discuss intergenerational wealth, succession planning, digital assets and the infrastructure shaping tomorrow’s financial markets.

Nigeria is calling on Russia to deepen investment and technology transfer across Africa, with a focus on energy, infrastructure, agriculture, manufacturing and digital development. Speaking at the Third Russia-Africa Summit in Moscow, Nigerian officials stressed the need to turn diplomatic partnerships into tangible economic growth and long-term opportunities.

Reading Time < 1 minute

The Central Bank of Egypt raised key interest rates by 100 basis points, bringing the overnight deposit rate to 20% and lending rate to 21%, citing monthly inflation. The move ends an easing cycle that delivered 825 basis points in cuts since April 2025, while the bank pushed its inflation target timeline to the fourth quarter of 2027.

Clock02/11/2026
Latest news
Money
Gulf Bank Spreads Awareness on Men’s Health with Movember Campaign
25/11/2024
Money
Saudi Arabia Earns Credit Rating Upgrade as Economic Diversification Gains Momentum
25/11/2024
Money
Batelco and Almoayyed Contracting Group to Build Bahrain’s First White Space Data Center
25/11/2024
Money
Help AG to Showcase Advanced Cybersecurity Solutions at Black Hat Saudi Arabia 2024
25/11/2024
Money
Emirates Islamic Launches Limited Edition Emarati Visa Credit Card for UAE Nationals
22/11/2024
Money
Australia’s Job Market Loses Some Pep in October
By JAMES GLYNN 22/11/2024
Money
Investors Are Betting on a Market Melt-Up
By GUNJAN BANERJI 22/11/2024
Money
These Baby-Chasing Grandparents Are Turbocharging Demographic Shifts
By HEATHER GILLERS 22/11/2024
Money
Disclosure Isn’t Just About Saving the Planet, It’s a Business Necessity Now, Says CDP Chief
By YUSUF KHAN 22/11/2024
Money
Australia’s Central Bank Remains Jittery About Inflation Risks, Global Uncertainty
By JAMES GLYNN 22/11/2024
Load more