Dubai Islamic Bank (DIB), the largest Islamic Bank in the UAE, has listed a $500m perpetual…
Category: Finance
Saudi Arabia Speeding Up Privatization
Kingdom aims to strike around SAR15bn ($4bn) worth of infrastructure deals with private investors this year,…
3iQ Corp. Hoping to Raise more by listing its Bitcoin Exchange-Traded Fund in Dubai
Canada’s largest digital-asset investment fund manager 3iQ Corp. is hoping to raise more than $200m by…
Cost of Living in Argentina on the Rise
Argentina’s Consumer Price Index (CPI-Cost of living) rose 4.8% during March, 1.2 percentage points above February’s…
Brazil’s Economic Activity Index Shows Positive Variation
Brazil’s Economic Activity Index (IBC-Br), believed to be an omen of the country’s Gross Domestic Product…
Zimbabwe’s Treasury is Sticking to its Economic Growth Estimate of 7.4%
Forecast is achievable after the country had good rains that will boost farm output to the…
Sub-Saharan Africa is Expected to Rebound this Year
The continent’s economic drivers pick up momentum after activity was halted by the coronavirus pandemic, despite…
Citibank to Set Up Investment Banking and Trading Operations in China
US-based bank is seeking licenses to “underwrite yuan-denominated shares and conduct trading for clients, as well…
Citigroup Plans to Exit Retail Banking in 13 Markets
The bank will instead operate its consumer-banking franchise in both regions from four wealth centers in…
Central Bank of Chile Predicts Inflation
Chile’s monthly report issued by the Central Bank Monday forecast inflation to close 2021 with a…