Fed unlikely to cut rates in 2024: Goldman Sachs
Goldman Sachs CEO David Solomon said that given the region's more sluggish...
Category Banking and Finance
Central Bank of Nigeria officially withdraws cybersecurity levy
The Central Bank Of Nigeria mandated that all banks, mobile money providers,...
MENA Watch: IPOs kick off Q1 2024 with strong momentum
The UAE has one announced IPO, whereas the KSA has 21 announced...
Saudi banks’ money supply surges 8% in March 2024
As per S&P Global, mortgage financing accounted for 23.5% of Saudi banks’...
GBO
Magazine
ICP: Advancing Saudi Arabia’s industrial edgeSince its launch, the ICP has begun delivering tangible results across the industrial sector...
SoftBank’s quarterly turnaround: Profits surge as focus shifts to Arm unit
Investors are increasingly interested in the prospects of Arm Holdings, SoftBank's subsidiary...
Federal Reserve survey finds weaker loan demand, growing adoption of instant payment services
Along with the possible weakening in the loan demand, the Federal Reserve...
Bank of England’s CCP exam makes stress testing more than a tick box exercise
The Bank of England is highlighting the significance of data-driven risk management...
Fitch predicts losses for Gulf banks with Turkish subsidiaries
Fitch predicts that inflation in Turkey will likely average 29% in 2025...
Riyad Bank considering IPO route for its investment banking unit
If Riyad Bank chooses to move forward with the offering, the IPO...
MENA Watch: Region becomes crypto hotspot, UAE & Saudi lead the way
By enacting innovation-friendly legislative frameworks that promote innovation while upholding consumer protection,...