In a politically motivated cyberattack, Iran’s largest crypto exchange Nobitex lost more than $81.7–82 million in digital assets.
Alsulaiman Group acquires Taajeer Finance to lead digital transformation and frowth in financial services
Alsulaiman Group, one of Saudi Arabia’s leading family-owned conglomerates, has announced the acquisition of Taajeer Finance Company. This strategic move signifies the Group’s official entry into the …
Israel-Iran war: Has Indian stock market discounted Middle East tension or Nifty 50 hitting 24,000 still possible?
According to market experts, the Indian market appears to have largely discounted the Israel-Iran tensions, with Monday’s positive close reflecting investor focus shifting back to domestic …
Who is Iran’s Supreme Leader? Like Trump, he controls a real-estate empire
Iran’s supreme leader warned the U.S. would face “irreparable damage” if it joined Israel’s conflict with Iran. Who is Ayatollah Ali Khamenei?
Oil surges 8% since start of Israel-Iran war: ‘The wild card is the United States’
Oil futures have risen roughly 8% since the start of the Israel-Iran war. Analysts predict prices could go higher if Iran is destabilized.
Japan’s Nippon seals controversial US Steel deal after Trump pact
Japanese firm Nippon Steel has completed its long-sought takeover of US Steel, after agreeing to yield unusual control to the US government. Nippon’s $14.9bn (£11bn) purchase of the smaller American …
Prime Bank Investment signs MoU with IFA Consultancy to promote Islamic finance
Prime Bank Investment Limited (PBIL) has signed a memorandum of understanding (MoU) with IFA Consultancy Limited (IFAC), a Shariah advisory firm in Bangladesh, to jointly promote Islamic investment in …
Prime Bank Investment signs MoU with IFA Consultancy to promote Islamic finance
Prime Bank Investment Limited (PBIL) has signed a memorandum of understanding (MoU) with IFA Consultancy Limited (IFAC), a Shariah advisory firm in Bangladesh, to jointly promote Islamic investment in …
Spending on poverty reduction to hit 4-yr low in FY26
Figures from the finance ministry show that poverty-reducing expenditure has dropped to 56.77 percent in the Tk 790,000 crore national budget for FY26, down from 57.9 percent of the total outlay in …
Pakistan signs $1 billion deal with ADB to boost financial reforms
Pakistan and the Asian Development Bank (ADB) have signed a $1 billion financing agreement. The deal includes both Islamic and traditional financing methods. It will support Pakistan’s economic …