UK banks stall lending in commercial real estate
Rising fears in default payments have forced the banks to take a step back in their loan provisions...
Category : Featured
Egypt civil aviation’s funding portfolio stands at $225.7 mn
The Ministry of International Cooperation firmly believes that the aviation industry is partly responsible for the national development...
Tune Projects appoints former AXA executive as CEO
Rohit Chandrasekharan Nambiar will strengthen the Malaysian company’s reach...
Petronas mulls exiting Gharraf oilfield in Iraq: CEO
The oil giant operates the Gharraf oilfield with a 45 percent stake...
STACS to develop blockchain platform for structured products
The fintech will develop the platform in partnership with Swiss EFG Bank (EFG) to automate and manage the entire lifecycle of those products...
ZamZam Bank obtains licence to become Ethiopia’s first Islamic bank
Developments in the Islamic finance segment can help the economy to boost its financial inclusion...
Spain to see establishment of its largest lender over consolidation
CaixaBank and Bankia will merge forming a new entirely with assets worth more than $787 billion...
Uganda shows signs of positive economic growth
Moody’s has recently adjusted the country’s strength downwards to ba3 from ba2 stable...
ZeroAvia makes a breakthrough in decarbonisation
The company is closely working with the European Marine Energy Centre (EMEC) and Intelligent Energy to decarbonise medium-range aircrafts...
British Airways operates its flight to Lahore after 44 years
The new route would offer opportunities for the airline to increase its activities in Pakistan...