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Category :Banking

Africa Finance Corporation Secures Loan From UAE Banks

Global Business Magazine July 22, 2025

Africa Finance Corporation (AFC), which is Africa’s leading infrastructure solutions provider, has secured an inaugural Sustainability-Linked Term Loan Facility of $255 million Read More

Banking Companies Earnings GCC

QIIB’s Net Profit Rises to $189.18 Million

Global Business Magazine July 21, 2025

Qatar International Islamic Bank's (QIIB) net profit has increased by 5.2% in H1 of 2025, reaching $189.18 million, compared with $179.83 for the same period last Read More

Banking ASEAN Companies Funding Investments

Maybank and SCCCI to Collaborate on Cross-Border Business

Global Business Magazine July 18, 2025

The Singapore Chinese Chamber of Commerce & Industry (SCCCI) and Maybank Singapore Limited (Maybank) have signed a Memorandum of Understanding (MOU) to strengthen Read More

Companies ASEAN Banking GCC Loans

DIB Joins in $1.85 Billion Sovereign Financing to Olam Agri

Global Business Magazine July 17, 2025

Dubai Islamic Bank (DIB), the world’s first Islamic bank and the largest in the UAE, has announced its participation, alongside a Read More

Banking blockchain Companies Crypto World

BBVA Unveils Cryptocurrency Trading in Spain

Global Business Magazine July 16, 2025

Cryptocurrency trading is catching up with the European banking sector as Spanish bank BBVA has unveiled its cryptocurrency trading and custody service Read More

Banking Companies Earnings GCC

NBQ Posts Revenue of $175 Million in H1-2025

Global Business Magazine July 15, 2025

Despite of adverse interest rate environment, the National Bank of Umm Qaiwain (NBQ) on Tuesday said that its profit after tax amounted Read More

Banking Companies Mergers and Acquisitions World

Huntington and Vertix Holdings Merge in $1.9 Billion Deal

Global Business Magazine July 15, 2025

Mergers in the US bank sector continued as Huntington Bancshares Incorporated, a top ten regional bank holding company headquartered in Columbus, Ohio, Read More

Banking Bitcoin Companies Digital Assets World

Stanchart Launches Bitcoin and Ether Trading for Institutions

Global Business Magazine July 15, 2025

In line with its commitment to offer clients safe, trusted digital and efficient assets solutions and following the successful launch of its Read More

Banking Companies Earnings GCC

ADCB Reports Net Income of $810 Million in Q2-2025

Global Business Magazine July 15, 2025

Beating the LSEG analysts’ expectations of $630 million, the Abu Dhabi Commercial Bank (ADCB) has reported a 10.8% y-o-y increase in net income to $710 Read More

Banking Coal Companies Funding World

Banks Funded $385 Billion to Coal Sector Since 2021

Global Business Magazine July 14, 2025

At COP26 held in Glasgow in 2021, 197 countries agreed to phase down coal and many of the world’s largest commercial banks made Read More