JPMorgan to offload exposure to USD 4 billion in private equity-linked loans
JPMorgan is in talks with investors over a transaction that would allow it to transfer risk tied to 'net asset value loans' backed by private equity fund assets...
Category : Featured
JPMorgan, Goldman Sachs, Mizuho to guide SoftBank’s IPO efforts
SoftBank-backed SB Energy, through its IPO, is reportedly seeking a valuation of over USD 50 billion in its market debut...
Oman, UAE activate “Logistics Corridor” initiative to ease cargo flow
The "Logistics Corridor" links Oman’s ports and industrial zones with Sharjah’s ports and land transit network through the Khatmat Malaha border crossing...
Hong Kong surpasses Switzerland, becomes top cross-border wealth hub
Wealth from China and an IPO boom in 2025 helped Hong Kong rise to a USD 2.95 trillion offshore behemoth for the world's rich...
Meet K.ai, Egypt’s first-ever interactive AI-powered financial assistant
K.ai allows users to analyse spending habits, monitor expenses, review recent transactions, and access financial insights in a seamless way...
Global telecom spending hit USD 1.55 trillion in 2025, says IDC report
Talking about the telecom sector's prospects in 2026, IDC expects spending to grow another 1.8% to USD 1.58 trillion...
UBS relocates senior executives to boost Middle East wealth business
UBS' leadership moves follow recent high-profile departures of senior Gulf bankers, including some hired not more than two years ago...
Semiconductor powerhouse Taiwan now eyes asset management expansion
Taiwan currently has eight asset managers with more than one trillion New Taiwan dollars' worth of assets under management...
BNP Paribas-Mistral partnership to focus on AI defences
Mistral engineers and data scientists have been embedded within BNP teams to co-develop and scale various AI-powered projects...
Breather for Keir Starmer as UK pulls off GCC trade deal
The trade deal will remove an estimated 580 million pounds in duties a year, based on current UK exports to the GCC, said the Department for Business and Trade...