A Slight Interest Rate Hike But More Coming- US Fed Reserve
The US Federal Reserve increased its target interest rate percentage point quarter on February 1 and yet continued to promise an ongoing surge in...
Rising Interest Rates May Significantly Sting European Banks
A surge in the cost of borrowing is a much-needed lift for the already troubled banks in Europe, but it does come with a...
A $12 Billion Borrowing Planned By Saudi Arabia In 2023
As per the Saudi Press Agency, the country is planning to borrow $12.9 billion this year. Mohammed bin Abdullah Al-Jadaan, the country’s foreign minister,...
EU Financial Services Aims To Give Investors Value For Money
A likely ban on bank commissions to financial advisers who are in the business of selling their products can very well be a part...
BENEFIT and JoPACC sign MoU to support key financial initiatives
BENEFIT, an electronic financial transactions services company, signed a Memorandum of Understanding with the Jordanian Payment and Clearing Systems Company (JoPACC).
The key focus of...
New Dollar Bonds Worth $20 Billion Ordered By Saudi Arabia
For its first Eurobond sale of the year, Saudi Arabia has attracted more than $20 billion in investor orders for a triple-tranche dollar bond.
The...
EU financial services chief wants investment sales incentives banned
According to Mairead McGuinness, the head of the European Union's financial services, a restriction on inducements for advocating sales of financial goods could reduce...
Duck Creek to acquire a modern payments platform, Imburse Payments
Duck Creek Technologies, the intelligent solutions provider defining the future of property and casualty (P&C) insurance, announced a definitive agreement to acquire Imburse Payments,...
Bano receives Australian financial services licence
Bano Pty Ltd was issued an Australian Financial Services Licence (AFSL) by The Australian Securities and Investments Commission (ASIC).
“With the AFSL, we are able...
Argo Blockchain sells Texas facility to Galaxy Digital for $65m
Crypto mining firm Argo Blockchain has entered into an agreement with Galaxy Digital Holdings to sell its Helios facility in Texas for $65 million...