Eyeing electricity access expansion, Standard Bank to finance Africa’s renewable boom
Standard Bank has committed to mobilising R100 billion in green finance by 2028, with the aim of supporting the continent’s energy transition...
Category : Featured
Iran war presses the requirement for Islamic derivatives, says Fitch
Key barriers to the wider adoption of Islamic derivatives include sharia restrictions, infrastructure gaps and OIC's still-evolving financial systems...
Iran war: World Bank cuts global growth outlook to 2.5%
As per the World Bank, growth could slow to just 1.3% if energy supply disruptions prove more severe and come with substantial stress in financial markets...
Amid SpaceX IPO glitz, Elon Musk’s Tesla scores regulatory wins in Europe
The EV-maker has received approvals from Denmark and Belgium to commercially launch its FSD driver-assistance software in the European countries...
Iran war: Singapore’s oil product inventories slump to new low
Singapore's inventories of residual fuel totalled 14.84 million barrels during the week to June 10, hitting their lowest in close to eight years...
IF Insights: Is Wall Street engineering stock market’s biggest risk transfer?
SpaceX, Anthropic, and OpenAI are preparing to list on the stock market at a combined target value of roughly USD 3.6 trillion, matching France's entire yearly GDP output...
AI-related debt issuance up for massive surge in 2026, says Morgan Stanley
As per Morgan Stanley's estimates, the issuance tally stood at nearly USD 236 billion as of May 31, 2026, fourfold more than the same period in 2025...
Switzerland may go soft on capital requirements for UBS, says report
UBS would need to back its foreign subsidiaries with around 70% or 80% of CET1 capital instead of the government's requirement of 100%...
All you need to know about Hafeet Rail, envisioned to deepen Oman-UAE ties
Sohar Port, a deep-sea port in the Sultanate of Oman, located midway between Muscat and Dubai, will be among the project's primary beneficiaries...
Saudi Arabia’s nominal GDP rises 6.3% in Q1 2026, finds report
Inflationary conditions within the Saudi economy remained stable, with the Consumer Price Index (CPI) remaining at 1.7% in April 2026...