Islamic Development Bank board approves US$ 1.12 billion in development financing and US$ 1.79 Million in Grants
The Islamic Development Bank’s (IsDB) Board of Executive Directors, approved a total of US$ 1.12 billion for development ...
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BankIslami becomes first Islamic bank to finance Shariah-compliant EWHR in 2022
BankIslami has become the first Islamic Bank to have effectively structured and dispensed Pakistan’s first Shariah-compliant ...
Central Bank of Europe ready to ‘stamp out’ surging inflation in 2022
On Tuesday, the head of the Central Bank of Europe said it would gradually combat soaring ...
In new move, Philippine central bank to raise rates by 25 bps, some call for 50 bps
The Philippine central bank will raise rates by 25 basis points, in an indication that rates ...
Nvidia is forsaking its purchase of Arm Limited from SoftBank; Arm Limited to release IPO in March 2023
According to people conversant with the situation, Nvidia Corporation is forsaking its purchase of Arm Limited ...
Bank of England increases interest rate to 0.5% to curb inflation
The Bank of England surged its primary interest rate as a fragment of a measure package ...
US Federal Reserve to release its CBDC between 2025 and 2030
The Federal Reserve discussed fabricating its coin in a 35-page paper in the preceding week
Sharjah Islamic Bank records a whopping net profit of AED 514.1 million for 2021
Sharjah Islamic Bank kept at its hedging policy to address the challenges owing to the operational ...
SEBA Bank benefitted USD 120.70 million in a Julius Baer funding round
SEBA Bank will use this fund to enhance international growth throughout the Asian and Middle Eastern ...
Singaporean taxes expected to increase in 2022; central bank stiffens fiscal policy
The Monetary Authority of Singapore will likely focus on allowing the local currency to escalate further
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