FeaturedFinancePrivate credit to witness growth in coming years, say bond market playersIFM CorrespondentDecember 1, 2023 by IFM CorrespondentDecember 1, 2023 The bond market player has increased the amount of private financing that it offers to failing companies from which banks have withheld credit... Read more
FeaturedIslamic BankingKuwaiti Islamic banks to see improved profits despite regulatory pressureIFM CorrespondentOctober 25, 2023October 25, 2023 by IFM CorrespondentOctober 25, 2023October 25, 2023 The financial metrics of Islamic banks were resilient in the first half of 2023, benefitting from the stable operating environment... Read more
FeaturedFinanceTamweel Aloula: Changing Saudi’s SME landscapeWebAdminFebruary 13, 2023 by WebAdminFebruary 13, 2023 Tamweel Aloula seeks to provide a unique digital experience, facilitating the process of obtaining financing solutions from anywhere and at any time... Read more
BankingFeaturedEmirates NBD Egypt Wins the “Fastest Growing Corporate Bank in Egypt” Award for 2021WebAdminJanuary 25, 2022 by WebAdminJanuary 25, 2022 The bank secured EGP 2.54 bn loans to finance the construction of the new ‘ZED’ project in Sheikh Zayed... Read more
Asset ManagementFeaturedAsset finance company Tugende raised $17 mn in a debt investment roundIFM CorrespondentDecember 23, 2021 by IFM CorrespondentDecember 23, 2021 The money raised will be used to meet its customer demand and waiting lists and support further technology... Read more
BankingFeaturedCiti’s new five-year strategy to finance climate solutionsInternational Finance Business DeskAugust 13, 2020 by International Finance Business DeskAugust 13, 2020 The 2025 Sustainable Progress Strategy also comprises a $250 billion Environmental Finance Goal... Read more
FeaturedFinanceChina’s new loans surge to $405 bn in March on the back of Covid-19International Finance Business DeskApril 13, 2020 by International Finance Business DeskApril 13, 2020 New loans in the country have surpassed market expectations of 1.8 tn yuan... Read more
In the NewsTesla likely to face SEC investigation as Elon Musk tweets stir debate of market manipulationInternational Finance DeskAugust 10, 2018 by International Finance DeskAugust 10, 2018 The famed Tesla CEO may stand in violation of the 14e-8 of the Securities Exchange Act of 1934... Read more
Wealth ManagementHong Kong-backed wealth manager LJ Partnership eyes expansion after Gulf investmentInternational Finance DeskAugust 7, 2018 by International Finance DeskAugust 7, 2018 The London-based multi-family office targets to grow Asia-Pacific assets under management to US$10 bn by 2021, with new Gulf shareholder Dilmun.... Read more
FinanceTungsten Network funds company invoices worth US$393mn to manage working capitalInternational Finance DeskJune 28, 2018 by International Finance DeskJune 28, 2018 Digital automation platform Tungsten Network has funded invoices worth US$393mn to help companies across the UK and US manage their working capital... Read more