An International Finance Corporation (IFC) investment, supported by the IDA Private Sector Window (PSW), in the microfinance institution Kaebauk Investimentu No Finansas (KIF) will contribute to ...
Bahrain seeks to retain finance lead
Bahrain also boasts banking regulation tailored specifically to Islamic finance, a respected regulator, and an array of experienced bankers and sharia scholars.
Kuwait’s finance minister submits resignation, media report
Kuwait's Finance Minister Manaf Abdulaziz Al Hajri has submitted his resignation, local media said on Tuesday, after just three months in the job.
Qatar Islamic Bank Secures $1 Billion in Oversubscribed Term Financing
Doha: In a significant development within the financial landscape, Qatar Islamic Bank (QIB), the largest Islamic bank in Qatar, has successfully closed its 3-year, $1 billion unsecured Dual-tranche ...
Houthis say Israeli strike kills rebel government’s prime minister in Yemen
The Iranian-backed Houthis said Saturday that an Israeli airstrike in Yemen’s capital Sanaa killed Ahmed al-Rahawi, the prime minister of the rebel-run government, along with several ministers in a ...
Fully cashless city: Dubai launches digital Dirham and Aani platform to transform payments
ALBAWABA - Dubai is quickly moving toward its goal of becoming one of the world's top cashless economies by 2026, with the goal of having 90% of all tr ...
Da Nang partners with Bybit to boost international finance center ambitions
This includes sandbox mechanisms and pilot innovation policies aimed at harmonizing institutions, aligning local and central authorities, and connecting Vietnam with international finance hubs like ...
NDTV Exclusive: India “Walked Away” From US Trade Talks Due To Tariffs: Ex-Finance Secretary
Former Finance Secretary Subhash Garg has hit out at US President Donald Trump's repeated claims that India is "profiteering" massively from discounted Russian oil, calling the charge "political ...
China’s stock market outpaces global peers as local investors pile in
Stock markets in the US, Japan and Europe are trading at all-time highs as investors pile into equities, defying the warnings of many economists about the negative impact that US trade policy will ...
China protests Taiwan foreign minister’s visit to the Philippines
Taiwan’s foreign minister has flown to the Philippines as head of a high-level delegation of investors, two senior Philippine officials said Saturday, prompting a protest from China and a warning to ...