ADDX raises US$58 million; Stock Exchange of Thailand, UOB join as shareholders
Hamilton Lane and Krungsri also take part in Pre-Series B funding round that brings total funds raised by ADDX to...
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Growth
ADGM FSRA Enhances Regulatory Framework to Broaden Participation in Private Capital Markets
The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) has updated its regulatory framework to enable and...
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Al Ahli Bank of Kuwait headed towards further growth in DIFC with license upgrade
The upgrade allows ABK-DIFC to offer a wider range of services, which reaffirms the position of ABK-DIFC as a regional offshore banking...
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Rising Fintech Pluto raises $6m to streamline business spending in MENA through smart corporate cards
Corporate spend management startup Pluto came out of stealth and announced its Seed round of $6m (AED 22M) led by...
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Invesco outlook: Inflation sets the stage for 2022
Global growth for 2022 will slow to a more normal stateRise in number of Covid cases and new variants seen...
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Riyad Bank signs a partnership agreement with Yanbu Chamber
Under the joint efforts to support SMES owners, Riyad Bank signed a partnership agreement with Yanbu Chamber, on Sunday, 05...
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Nedbank Delivers Strong Financial Performance in First Half
Salient features Headline earnings increased by 148% to R5,3bn.Strongly capitalised, with ratios above internal targets and significantly above regulatory requirements,...
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Emirates NBD collaborates with DMCC to boost Dubai diamond industry finance
Emirates NBD has announced plans to increase financing available to the Dubai diamond industry and double its diamond financing book...
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Invesco Chief Economist Warns Investors Should be Wary of Inflation-sensitive Assets
The surge in inflation is not a transitory phenomenon associated with the opening of economiesRising prices are likely to erode...
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