DBS Raises Sustainability Finance

DBS Bank has raised its sustainability finance target to S$50b by 2024, expanding from its earlier…

First ‘bad bank’ in India

India’s plan to create its first ‘bad bank’ to absorb non-performing assets from public-sector banks could…

Dubai International Financial Centre (DIFC) and Mastercard to Boost Cyber Resilience

New partnership between Dubai International Financial Centre (DIFC) and Mastercard seeks to boost cyber readiness and…

Kuwait Taps Wealth Fund

Kuwait has transferred the last of its performing assets to the country’s sovereign wealth fund in…

Abu Dhabi Securities Exchange (ADX) to Reduce Trading Activity Fees

Abu Dhabi Securities Exchange (ADX) has said that it will reduce overall trading activity fees on…

EU-China Grounded in Sustainable Development Principles

EU and China concluded in principle at the end of 2020 negotiations for a Comprehensive Agreement…

EU to Focus on Research and Innovation (R&I) Funding Programmes

The EU has focused increasingly on ensuring wider participation in its research and innovation (R&I) funding…

European Investment Bank (EIB) to Finance Burkina Faso Solar Plant

EU lender the European Investment Bank (EIB) has announced plans to finance the expansion of a…

Mauritius and Morocco to Measure and Track the Performance of Africa’s Local Bond Markets

Mauritius and Morocco join eight African countries that are part of the Bloomberg African Bond Indices…

Faisal Islamic Bank of Sudan Acquires License from US Company Mastercard

The partnership is a watershed moment for Sudan, which since the fall of dictator Omar al-Bashir…