Amid headwinds, Islamic banking advocates broader capital distribution
Islamic banks' historical tendency of maintaining a largely domestic and narrow focus often leaves them more exposed during regional crises...
Category : Featured
Uber makes big-ticket investment commitment in self-driving startup Nuro
Uber, through its three-way partnership with Nuro and electric vehicle company Lucid, is eyeing rolling out some 35,000 robotaxis...
Morocco unseats South Africa as continent’s most industrialised economy
Morocco scored higher than South Africa in most of the ADB's metrics, including the all-important manufacturing sector’s contribution to overall GDP...
Egypt Vision 2030: Cairo, Japan to deepen energy cooperation
Egypt's national energy strategy targets increasing the contribution of renewable energy in the electricity mix to 45% by 2028...
Bahrain raises USD 1 billion in 10-year USD bond as it fights geopolitical headwinds
The sovereign priced the Bahrain's issue at a yield of 7.125%, tightening from initial price thoughts (IPTs) in the 7.50% area...
Revolut to offer FDIC-insured products in US as Gen Z’s banking goes digital
Cetin Duransoy, Revolut's US CEO, expects the American entity to start its operations in 2027, with headquarters in Stamford and Connecticut...
South Africa to meet fiscal targets despite Iran war, says government
National Treasury Director-General Duncan Pieterse said there have been significant improvements in debt management and fiscal discipline...
With record revenue surge, global fintech races ahead of legacy banks
As per the Boston Consulting Group (BCG) and FT Partners, fintech now accounts for approximately 4% of the total global financial services revenue pool...
Richest families trim portfolio exposure to dollar, finds UBS
UBS' "Global Family Office Report 2026" saw about two-thirds of family offices predicting weakening confidence in the dollar as the reserve currency...
Blackstone raises USD 13.1 billion for its Asia fund, exceeds target
Blackstone, while targeting USD 10 billion for the Blackstone Capital Partners Asia III, raised more than double the amount of its previous investment vehicle...