Saudi B2B e-commerce and fintech platform SILQ has secured a $20 million Shariah-compliant structured financing facility from …
Bank of Maldives to Transform Core Banking with Finastra
Finastra, a global leader in financial services software, today announced that the Bank of Maldives (BML) has selected Finastra Essence to modernize its core banking operations and support its …
UAE reveals 2026 Emiratisation target results
UAE private sector Emiratisation reached 95% compliance for first-half targets. National employment exceeded 190,000 Emiratis across nearly 32,000 establishments. Ministry of Human Resources and …
Q&A: Nepal’s economy is on firmer footing, IMF committed to continued engagement
Nepal, July 21 — In the wake of the Covid-19 pandemic, Nepal sought an Extended Credit Facility (ECF) from the International Monetary Fund as the country’s current account and balance of payments …
Indonesia parliament passes bill to set up international financial centres
JAKARTA, July 21 (Reuters) – Indonesia’s parliament passed a law on Tuesday to enable the foundation of international financial centres designed to boost foreign investment and economic growth. All …
Iran-US war LIVE updates: Crew abandons ship in Hormuz as Iran escalates strikes across Gulf states; US issues ‘worldwide caution’ alert for citizens
Latest updates on the Iran conflict with US military attacks, casualties, and regional tensions. Renewed sanctions evasion and rising oil prices impact global markets as the situation escalates.
Deep Finance Capital launches as DIFC’s first AI-native asset manager
UAE-based Deep Finance Capital has launched as the first AI-native asset management company in the Dubai International Financial …
ESCWA says Jordan faces region’s heaviest crisis-related financial burden
AMMAN — Jordan is bearing the “highest additional financial cost” among Arab nations relative to the size of its economy to mitigate the economic and social repercussions of the ongoing regional …
Syria, IMF discuss boosting cooperation to support economic recovery
Syrian Finance Minister, Mohammad Yisr Barnieh, met on Monday with a mission from the International Monetary Fund (IMF), which is …
South Korea to ease FX rules for foreigners to trade won easier
South Korea laid out a detailed plan to make the won freely tradable among foreigners, its boldest step yet to liberalise the forex market and bring the currency closer to full convertibility. The …