A Kurdistan Regional Government (KRG) delegation on Wednesday is set to meet with Iraq’s finance and planning ministers to discuss an agreement on Baghdad’s budget transfers to Erbil and the handover ...
Saudi-based bank SAB touts first Islamic Repo completed on blockchain
Saudi Arabian bank, Saudi Awwal Bank (SAB), a Riyadh-based Saudi joint stock company in which global banking group HSBC owns a minority stake, has announced the world’s first Islamic Repo on ...
From Pod Duang Coin to Global Financial Stage: IMF-WBG Annual Meetings 2026 Unlocks Thailand’s Global Opportunity
The world’s attention will converge on Thailand as the Kingdom hosts the IMF-WBG Annual Meetings 2026. This marks the second time in 35 years that Thailand becomes the epicenter of global economic and ...
Saudi Arabia among top emerging global economies in AI readiness, shows report
Saudi Arabia stands among the top emerging global economies in AI readiness, according to a new report from Boston Consulting Group (BCG) titled GCC AI Pulse: Mapping the Region’s Readiness for an ...
E-tranffers from 1,000 USD at Vietnam’s IFC must be reported: Draft decree
The State Bank of Vietnam (SBV) has proposed that all electronic money transfers of 1,000 USD or more at the shaping International Financial Centre (IFC) must be reported.
Group14 Closes US$463M Series D Funding Round and Acquires 100% Ownership of BAM Factory in South Korea from SK, Inc.
Group14 Technologies today announced that it has closed a US$463M round led by SK, Inc., with strong participation of other existing investors, including Porsche Investments, ATL, OMERS, ...
Bangladesh viral video leak row: Shahinul Islam’s ‘compromising’ clips not AI-generated, initial fact check shows
Bangladesh Financial Intelligence Unit (BFIU) chief AFM Shahinul Islam, who entered office in January, claimed that the viral videos were AI-generated by a group who was acting against him and people ...
Iran Construction Market Report 2025: Iranian Construction Sector to Average 3.8% Growth From 2025-2028, Supported by Energy Investments
Iran's construction industry faces a 0.6% contraction in 2025, impacted by inflation, war, tariffs, political instability, and Rial devaluation. Despite challenges, growth is expected at 3.8% annually ...
IMF asks Pakistan to remove finance secretary from central bank board; seeks filling of deputy governor posts
ISLAMABAD: The IMF has asked Pakistan to remove the finance secretary from the central bank's board and also recommended amending another law to revoke the federal government's authority to order ...
Uganda negotiates debt financing for 85% of planned $3 billion railway project
Uganda is in talks with development finance institutions and credit export agencies to have 85% of a planned railway project financed with debt, a senior official said on Wednesday, amid concerns over ...