Fitch Ratings recently affirmed Armenia’s sovereign rating at ‘BB-‘ with a positive outlook, citing growing international reserves, resilient economic momentum, and reduced short-term risks of …
135,000 UAE bank customers get loan relief as banking sector reaches record strength
More than 135,000 UAE bank customers received AED13.5bn ($3.68bn) in loan repayment relief as banks recorded their lowest-ever bad loan ratio …
Oman inflation rises 3.2% in April 2026 as vegetable prices jump 25%
Oman’s inflation rate rose 3.2 per cent in April 2026, with vegetable prices climbing 25 per cent, according to NCSI data Oman’s Consumer Price Index (CPI) increased by 3.2 per cent in April 2026 …
Sri Lanka’s top 100 brands surpass pre-crisis peak, reaching record Rs. 652 b
Sri Lanka’s leading brands have reached a significant milestone, with the combined brand value of the nation’s top 100 brands rising 17% to a record Rs. 652 billion, surpassing the pre-crisis 2019 …
True IDC seeks $2B loan as Thailand’s AI data center boom accelerates
True Internet Data Center, Thailand’s largest data-center and cloud operator, is seeking a $2 billion loan to fund its expansion. The move is about more than one company’s growth. It signals that …
South Korea conducts rare forex intervention alongside Japan, source says
By Yena Park and Jihoon Lee SEOUL, July 31 (Reuters) – South Korea’s foreign exchange authorities conducted a rare dollar-selling intervention on Thursday, sending the won to a nine-month high, a …
Kuwait ups borrowing and puts brakes on public spending
Kuwait has increased borrowing and ordered ministries to rein in spending, as the closure of the Strait of Hormuz cuts off oil export revenue and deepens pressure on the Gulf state’s finances. Over …
Kuwait banks extend more credit despite slump in import finance
KUWAIT: Kuwait’s banks continued to expand lending during the first half of 2026 despite a sharp slowdown in import financing, as temporary central bank measures helped cushion the sector from …
Mawarid Finance and KamelPay launch AbsoluteCard
Dubai, UAE — Mawarid Finance has partnered with KamelPay to launch AbsoluteCard, a new corporate payment solution designed to help businesses manage spending more efficiently through enhanced control, …
A $200 loan in Cambodia changed this finance leader’s thinking. Now she’s trying to change capitalism
An encounter with a family struggling for safe water helped Alix Lebec rethink how money moves. Now she’s using innovative finance to tackle climate and economic challenges.