Banks operating in the UAE recorded investment levels of AED 774.3 billion by the end of April 2025, according to data from the Central Bank of the United Arab Emirates (CBUAE). The figure represents ...
Shariah-compliant stocks turn UAE markets into year’s hottest trade
The UAE’s local equity markets have delivered standout returns over the past year, cementing the country’s position as one of the world’s best-performing investment destinations. Dubai’s equity ...
UAE central bank partners with Mercury to launch new joint venture
The Central Bank of the United Arab Emirates (CBUAE) and Mercury have announced the formation of a joint venture, Unitey Business Services, to support the Financial Infrastructure Transformation ...
Manat holds its ground as Azerbaijan’s economy strengthens and public confidence grows
In an increasingly volatile global financial landscape, Azerbaijan’s national currency, the manat, continues to exhibit signs of resilience and confidence. The first half of 2025 has shown a clear ...
Manat holds its ground as Azerbaijan’s economy strengthens and public confidence grows
In an increasingly volatile global financial landscape, Azerbaijan’s national currency, the manat, continues to exhibit signs of resilience and confidence. The first half of 2025 has shown a clear ...
From molecules to electrons: Azerbaijan’s SOFAZ invests in Italy’s solar future
A sovereign wealth fund built on hydrocarbons is helping power Europe’s clean energy transition.View on euronews ...
Kazakhstan oil exports via Black Sea ports resume after temporary halt
Kazakhstan's oil exports through Black Sea ports have resumed following a brief halt, as Russia's FSB security service begins granting clearance to foreign tankers, reported Reuters, citing four ...
Azerbaijan raises charter capital of mortgage and credit guarantee fund – decree
President of the Republic of Azerbaijan, Ilham Aliyev, has signed a decree on amendments to the Charter of the Mortgage and Credit Guarantee Fund of the Republic of Azerbaijan, Azernews reports.
Driverless cargo trucks introduced on Kazakhstan-China border
By Nizom Khodjayev in Astana Driverless cargo trucks have been introduced at the Kazakh-Chinese border. Kazakhstan’s finance ministry announced on July 23 that, along with China, the country has ...
Sri Lanka, France sign debt implementation letters
Marking a key milestone in Sri Lanka’s external debt restructuring process, the Governments of Sri Lanka and France have officially signed the Implementation Letters related to their bilateral debt ...