Abu Dhabi Commercial Bank (ADCB) has signed an agreement to divest 80 percent stake in its wholly owned property management subsidiary Abu Dhabi Commercial Properties (ADCP) to Nine Yards Plus Holding, a real estate subsidiary of EIH Ethmar International Holding […]
Chinese economic leaders released their plan for 2024 naming industrial policy as their top priority, much to the dismay of investors who wished to see a stimulus to boost overall growth. In turn, many Chinese stocks began to trend downward […]
Voters in Democratic Republic of Congo go to the polls on Dec. 20 and international investors are keenly watching to see if a political shake-up occurs in one of the world’s top suppliers of critical minerals. A win for President […]
The President of the African Development Bank, Akinwumi Adesina, called on African business leaders to take advantage of investment opportunities in Africa and decarbonize their industries more quicky during the COP28 global climate conference in Dubai. “Africa is a very […]
British interior minister James Cleverly signed a new treaty with Rwanda on Tuesday in an attempt to overcome a court decision to block the government’s controversial policy of sending asylum seekers to the East African country. The Rwanda plan is […]
Since Imperial Bank, the UAE’s inaugural bank, opened its doors in 1946, the banking sector has undergone considerable changes. Fast forward to today and customers have an enormous range of banks to choose from. However, with the changing times, banking […]
Marvin Ellison, the chairman, president, and CEO of Lowe’s Companies Inc., has recorded another substantial increase in the market value of his stake in the U.S. home improvement giant — thanks to the recent rise in Lowe’s share price. According […]
Commenting on the deal the Country Director for Verto in Kenya Kevin Nganga noted that the partnership would leverage Verto’s already-established financial ecosystem worth the $3 billion the company recorded last year. He also disclosed that the deal is closing […]
The Qatar Financial Centre (QFC), a leading onshore financial and business centre in the region, has unveiled the QFC Digital Assets Lab, powered by Qatar Central Bank, in the presence of His Excellency Sheikh Bandar bin Mohammed bin Saoud Al-Thani, […]
Approximately $40 billion of retail investor capital could be mobilised towards climate investments in the UAE by 2030, according to the findings of a new study by Standard Chartered. The Sustainable Banking Report 2023 further identified a global potential of […]
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