Turkish Lira Slides to Record Low amid Armenian Tensions
The Turkish lira hit a record low amid growing concerns around clashes between Armenian and Azeri forces, while emerging market stocks tracked gains in...
Moody’s: Saudi Arabia Surpasses Malaysia at the Top of the Sukuk…
Moody’s credit rating agency confirmed that Saudi Arabia’s investment in developing the local government sukuk and bonds market is bearing fruit with doubling of...
Digital Transformation in Qatar has Accelerated due to COVID-19, Banks Investing...
Fintech firms in Qatar are focused on improving the customer experience by providing more accessible financial services. Fintech solutions providers are helping with enabling...
Zain Saudi Raises $1.6 Billion Islamic Loan
Mobile Telecommunications Company Saudi Arabia (Zain KSA) has raised a 6 billion riyals ($1.60 billion) loan to refinance existing debt and secure access to...
Egypt Gears up for First of its Kind Governmental Green Bond...
Egypt is set to issue sovereign green bonds, which will be the first of their kind in the Middle East and North Africa (MENA),...
Mubadala Forms Alliance with Russia’s Sberbank
The Abu Dhabi-based sovereign wealth fund Mubadala has signed a strategic agreement with Russian institution, Sberbank.
The arrangement will see the two financial institutions explore...