Business Leader of the Week: Meet Shayne Nelson, Emirates NBD CEO
According to Forbes Middle East, as of January 2023, Shayne Nelson's net worth is around 190 Billion...
Tag : Bank
China’s real estate stimulus faces consumer confidence test
China recently announced lowering interest rates on current mortgages and relaxing regulations for first-time homebuyers in major cities...
With ‘Super Card’, VIB-American Express partnership looks to redefine Vietnam’s ‘Credit Game’
VIB has made a significant mark when pioneering cashless payment trends based on leading technology in terms of customer-centric strategy...
Fake customer service agents, “Fox8” botnets: Scammers run riot on X
X’s terms and conditions do not state whether subscriber accounts are pre-vetted...
Possessing some of largest unbanked populations, Egypt & Nigeria unite on fintech space
Nigeria has at least 200 fintech companies, while Egypt possesses some 177 ventures...
Nigeria to take significant action to save naira as inflation continues to haunt country
Naira slipped by 0.7%, its steepest decline in nearly six months, in official trading on the Nigeria Exchange on June 2023...
Oman issues treasury bills worth 27 million rials amidst budget deficit projections for 2023
According to the bank, the minimum accepted price for this issuance was 98.71 rials, while the average accepted price was 98.74 for every 100 rials...
World Bank & the never-ending sovereign default
World Bank Chief Economist Carmen Reinhart referred to the debt crises of the 1980s and 1990s and the lessons this challenging era can offer...
Third World countries deepening debt crisis
In theory and in a perfect world, governments would receive money through taxes and investments to cover their debts...
Dollar’s kingship under threat?
As of 2023, central banks hold about 60% of their foreign exchange reserves in Dollars...