Gulf-based central banks cut interest rates following US Fed lead
The Gulf states typically follow the Fed's lead when it comes to...
Category Banking and Finance
Saudi Vision 2030 to catalyse banking sector growth: Moody’s
Moody's, in its most recent report, noted that the growth of Saudi...
United Bank for Africa plans to operate in Saudi Arabia: Chairman Tony Elumelu
United Bank for Africa Group Chairman Tony Elumelu pointed out that the...
Saudi Arabia becomes part of China’s trial of yuan digital currency payments
As the digital yuan is having issues at home, a new trial...
GBO
Magazine
ICP: Advancing Saudi Arabia’s industrial edgeSince its launch, the ICP has begun delivering tangible results across the industrial sector...
GCC banks to see earnings hit by lower interest rates, says Fitch report
Kuwait would have the highest average NIM sensitivity to a 100bp rate...
JPMorgan gets Kenya entry nod as US banking giant eyes Africa expansion
International markets have emerged as a key growth area for JPMorgan, which...
European Central Bank policymakers press case for October interest rate cut
The European Central Bank's deposit rate is now expected to drop to...
Citi joins hands with Apollo & Mubadala for USD 25 billion private credit program
Together with LuminArx Capital, an alternative investment manager, Citi introduced a new...
Ghana central bank slashes key rate as inflation outlook
According to Reuters polled economists in July 2024, Ghana's interest rate would...
Kenya close to borrowing USD 1.5 billion from Abu Dhabi
It is predicted that the ratio will only slightly decrease to 65.6%...