The $35B push into Riyadh could be just the beginning--with more capital, more teams, and more data centers coming.
30 Sanctioned in One Blow! U.S. Cracks Down on Iran’s UAE-Hongkong Shadow Banking Network
The United States has launched a new wave of sanctions targeting a secret financial network that helps Iran move billions of dollars around the world. This system, often called a “shadow banking” ...
South Korea Is Closely Monitoring Speculative, One-Sided Won Moves, to Sternly Respond If Needed
South Korea’s finance minister said authorities are closely monitoring any speculative, one-sided currency moves, underscoring the country’s readiness to act as the won trades near a seven-month low.
Turkey seizes fintech Paybull in illegal betting prosecution
By Akin Nazli in Belgrade The Istanbul penal (sulh) court has appointed Turkey’s deposit insurance fund TMSF as trustee at fintech Paybull, the Istanbul chief prosecutor’s office (@istanbulCBS) said ...
Japan Considering Helping South Africa Finance Energy Reform
Japan is in talks with South Africa over potentially helping the country finance the reorganization of its energy sector.
Japan launches body to review subsidies for efficient spending
The Japanese government established a new organization on Tuesday to review its subsidies and taxation as part of Prime Minister Sana ...
Pakistan on Path to Economic Stability: Finance Minister
Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, has said the government is pressing ahead with a broad and irreversible reform ...
Pakistan on Path to Economic Stability: Finance Minister
Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, has said the government is pressing ahead with a broad and irreversible reform ...
Zindigi and Orient Electronics Launch Digital Supply Chain Financing to Empower Pakistan’s SMEs
Zindigi powered by JS Bank and Orient Electronics Pvt. Ltd have signed a landmark Memorandum of Understanding (MoU) to introduce Digital Supply Chain ...
IMF reclassifies India’s FX regime as ‘crawl-like’ from ‘stabilised’
The IMF on Wednesday reclassified India's "de facto" exchange rate regime as a "crawl-like arrangement", two years after branding it "stabilised". The move follows an IMF review earlier this year and ...