Gulf central banks slash interest rates following US Federal Reserve’s lead
After hiking it 11 times in 16 months and then holding it...
Category Banking and Finance
Investors’ eyes on Egypt as nation prepares to sell government stakes in banks
The deal value is expected to be much less than the USD...
Standard Chartered enters UAE crypto market with Brevan Howard Digital as first client
Standard Chartered first spoke about launching such a service back in 2023...
Go Green with GBO: Bangladesh’s climate financing efforts take centre stage
The UNEP named Bangladesh Bank the first central bank to embrace green...
GBO
Magazine
ICP: Advancing Saudi Arabia’s industrial edgeSince its launch, the ICP has begun delivering tangible results across the industrial sector...
Egypt seeks bank financing to boost food security
Egypt is a major global wheat importer and heavily relies on wheat...
Who is Lebanon’s Riad Salameh, the former central bank chief under arrest?
Riad Salameh was widely considered the cornerstone of the financial system until...
Kuwait’s banking sector shows strong stability ahead of crucial Federal Reserve meeting
Balances held with the Kuwaiti Central Bank, government bonds and bills, and...
Gulf banks’ lending income rises to record USD 21 billion on high interest rates
Kuwaiti banks drove the expansion, with their net interest income reaching USD...
DBS looking to expand its Dubai operations, says outgoing CEO
DBS and Dubai-based lender Mashreq, in June 2024, announced a collaboration to...
Australia’s central bank underlines uncertainty about country’s economy
Though some analysts felt that rates were already too high, most economists...