The UAE Central Bank has lowered its base rate by 25 basis points to 3.90 per cent, aligning with the US Federal Reserve’s Read More
Banks
Business
Companies
Financial Services
GCC
World
FAB Named China’s Yuan Clearing Bank in GCC Region
The People's Bank of China (PBOC), China’s central bank, has signed a Memorandum of Understanding (MOU) with the First Abu Dhabi Read More
Financial Services
Business
Companies
GCC
World
DIFC Partners with IIF for Dubai Future Finance Week
Dubai International Financial Centre (DIFC), the leading global financial hub in the Middle East, Africa, and South Asia (MEASA) region, on Thursday Read More
Business
Companies
Financial Services
Mergers and Acquisitions
US
Brookfield to Acquire Oaktree for $3 Billion
The US-based Brookfield Asset Management (BAM), which manages over $550 billion in assets under management, has announced that it will acquire approximately 26% stake Read More
Financial Services
Banks
Business
Companies
GCC
Emirates NBD Expands DirectRemit to Over 40 Countries
Emirates NBD, a leading banking group in the Middle East, North Africa and Türkiye (MENAT) region, on Monday announced that it Read More
Financial Services
Business
Companies
Digital Bank
GCC
QNB Group Secures Licence to Launch ezbank in Egypt
Doha-based QNB Group, the largest financial institution in the Middle East and Africa, has announced that it has received license approval to Read More
Business
Companies
Financial Services
Mergers and Acquisitions
World
Grupo Mexico Offers to Fully Acquire Banamex From Citi
Mexican conglomerate Grupo Mexico has submitted a binding offer to acquire up to 100% of Banamex from Citigroup, reviving negotiations that had been Read More
Green Bonds
ASEAN
Business
Companies
Infrastructure
Singapore Green Bonds Proceeds’ Allocated to JRL and CIL
Singapore’s Ministry of Finance (MOF) on Monday released the third edition of Singapore Green Bond Report for Financial Year 2024, detailing the Read More
Financial Services
Business
Companies
Dividends
GCC
Al Ansari Okays Interim Cash Dividend of $40.43 Million
Al Ansari Financial Services, the largest non-banking financial services provider in the GCC and listed on Dubai Financial Market (DFM), on Friday Read More
Business
ASEAN
Companies
Digital Assets
Financial Services
GCC
Singapore’s QCP Secures Abu Dhabi Global Market Licence
Singapore headquartered QCP Group (QCP), a global leader in digital asset trading, on Thursday said that it has received full Financial Services Read More
