Banking
Indian Government Gets Bids For IDBI Bank Majority Share
An official tweeted on January 7 that the Indian government has received several offers for a majority stake in IDBI Bank after the window for expressions of interest had passed earlier in the day. Along with the state-owned Life...
Financing
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 kingdom has disclosed details of a sale of notes with maturities of five, 10.5 and...
Banking
The Arab World- At The Forefront Of Global Affairs In 2023
The fact that a 166-year-old Western financial institution turns to Saudi Arabia for bailout money is both a sign of the times and a window into the future. It wasn't a typical financial rescue when the Saudi National Bank...
News
China Will Be Back On Its Feet of Economic Advancement Soon
According to Guo Shuqing, party secretary of the People's Bank of China, in an interview with the People's Daily published on January 8, the world's second-largest economy is anticipated to quickly recover as a result of the nation's optimised...
News
8 Prospective 2023 Technologies Worth To Keep An Eye On
After the COVID-19 catastrophe two years ago, the world's reliance on technology hasn't slowed down at all. In reality, as indicated by greater investment in emerging technologies, the faster digitalization and development seen during the pandemic have only continued....
News
Slowing of UK Inflation In 2023 A Mere Possibility, Says PM
In ongoing negotiations with striking industries like the National Health Service and railways, UK Prime Minister Rishi Sunak highlighted the necessity for continued wage restraint and stated that it is not a given that inflation will reduce this year.
With...
News
With Quantum Finance, Fintech Will Experience Better Times
Quantum finance technologies are anticipated to significantly accelerate the expansion of the fintech industry, revolutionise the way services are provided, and foster a favourable business environment for both start-ups and scale-ups in addition to established financial services firms.
The quantum...
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