Central Bank of the UAE (CBUAE) signed a Memorandum of Understanding (MoU) with the Central Bank…
Category: Finance
African Development Bank Launches five-and-a-half-year ‘Kangaroo’ Social Bond
A kangaroo bond, sometimes known as a matilda bond, is a foreign bond issued in the…
2021 Growth Forecasts for the Singapore Economy
The economy to grow 6.5 per cent this year, up from the earlier forecast of 5.8…
Dubai’s Foreign Trade in Q1 2021 Touched Dhs354.4bn
Exports grew 25 per cent to Dhs50.5bn, representing a volume of 5 million tonnes (up 20…
Emirates Development Bank (EDB) Has Closed its $750m Five-Year Bond Issue
Abu Dhabi-headquartered Emirates Development Bank (EDB), fully owned by the UAE Federal Government, has closed its…
PIF Leads Investment in $800m Middle East Infrastructure Fund
Public Investment Fund, Saudi Arabia’s sovereign wealth fund chaired by the Crown Prince, has agreed to…
EVO Payments Acquire Chilean E-Commerce Payment Gateway Pago Fácil
US-based EVO Payments, a payment technology integration and acquiring solutions, announced the acquisition of Chilean e-commerce…
Chile to grow 8.5% to 9.5% in 2021
Chile’s economy will grow faster than previously predicted this year, the central bank, buoyed by the…
Assicurazioni Generali Launches Takeover bid of Cattolica
Assicurazioni Generali SpA launched a 1.2 billion-euro ($1.4 billion) bid to buy all the shares it…
Marco Insurance to Reinsure
Marco Insurance PCC has obtained a property & casualty insurance and reinsurance license from the Malta…