BankingFeaturedBank of Uganda cuts key lending rate again, indicates reduction in inflationary pressuresIFM CorrespondentOctober 15, 2024 by IFM CorrespondentOctober 15, 2024 The rate of inflation in services decreased from 6.2% in August to 5.8% in September... Read more
BankingFeaturedBank of Mozambique deems foreign exchange market stable despite concernsIFM CorrespondentApril 30, 2024 by IFM CorrespondentApril 30, 2024 Jamal Luis Omar notes that the Mozambican foreign exchange market is steady, and exports and conversion rates are both continuing as usual... Read more
Asset ManagementFeaturedOman’s foreign assets and hotel earnings show positive growth in 2023IFM CorrespondentMarch 15, 2024 by IFM CorrespondentMarch 15, 2024 The NSCI released statistics showing that at the end of January 2024, Oman's three-to-five-star hotels had revenues of 24.75 million rials, 17.1% more than during the same period in 2023... Read more
BankingAbu Dhabi banks signal high performance in Q4 2017International Finance DeskMarch 16, 2018February 27, 2020 by International Finance DeskMarch 16, 2018February 27, 2020 The Statistics Centre Abu Dhabi research findings show a total revenue of US$8.39bn in the fourth quarter, a remarkable rise from the start of 2017... Read more