Featured Islamic BankingMiddle East a unique ‘global sweet spot’ for merger and acquisition: SurveyIFM CorrespondentApril 13, 2023April 13, 2023 by IFM CorrespondentApril 13, 2023April 13, 2023 Saudi Arabia is anticipating a significant increase in merger and acquisition activity in 2023... Read more
Asset Management FeaturedIMF loan not enough? Cash-strapped Egypt sells state assets to Gulf nationsIFM CorrespondentFebruary 20, 2023 by IFM CorrespondentFebruary 20, 2023 The investments by Gulf states into Egypt last year helped to alleviate some of the immediate financing concerns that Egypt encountered, prior to securing further funds from the IMF... Read more
Featured Oil & GasMoody’s predicts another budget surplus year for OmanWebAdminJanuary 16, 2023 by WebAdminJanuary 16, 2023 Oman experienced its first USD 2.98 billion budget surplus in close to a decade in 2022, which is credit-positive, according to Moody’s... Read more
Industry MagazineDecoding China’s blue-collar labour shortageIFM CorrespondentDecember 15, 2022March 17, 2023 by IFM CorrespondentDecember 15, 2022March 17, 2023 Business confidence in China has already fallen to its lowest since 2013, as per a World Economics survey... Read more
Economy FeaturedIMF reveals why Asia economies need rapid rate hikesIFM CorrespondentAugust 2, 2022August 2, 2022 by IFM CorrespondentAugust 2, 2022August 2, 2022 Krishna Srinivasan did not specify which economies would have to quickly increase interest rates.... Read more
Economy FeaturedCould Bangladesh be next Sri Lanka?IFM CorrespondentJuly 29, 2022July 29, 2022 by IFM CorrespondentJuly 29, 2022July 29, 2022 According to central bank data, Bangladesh’s July to May current account deficit was $17.2bn.... Read more
Banking and Finance FeaturedZimbabwe’s inflation control plan: Gold coins for everyone?IFM CorrespondentJuly 28, 2022 by IFM CorrespondentJuly 28, 2022 Recently, Zimbabwe's central bank gave 2,000 coins to commercial banks.... Read more
Economy MagazineMiddle East leading the way in COVID-19 recoveryIFM CorrespondentJuly 11, 2022July 11, 2022 by IFM CorrespondentJuly 11, 2022July 11, 2022 The Middle East’s economic recovery will continue to follow a mixed pattern given divergent growth strategies and policies across the region.... Read more
Economy FeaturedChanges in policy framework key to transforming recovery in MENA: IMFIFM CorrespondentOctober 25, 2021 by IFM CorrespondentOctober 25, 2021 While several countries in the region have made significant strides, but the progress has been inconsistent... Read more
Economy FeaturedIMF suspends Afghanistan’s access to SDRs over lack of clarity recognising a new governmentWebAdminAugust 20, 2021 by WebAdminAugust 20, 2021 The announcement comes amid mounting pressure from the US treasury that holds a controlling share in the funds... Read more