Bank of Korea plans to test-run issuing and circulating a central bank-issued digital currency (CBDC) next…
Category: Finance
Shuaa Capital launches three Sharia Compliant Funds
The Shuaa High Yield Sukuk Fund, Nujoom Aggressive Fund and Nujoom Balanced Fund have been launched…
Subsidiary of Abu Dhabi Investment Authority to Invest in Reliance Industries
ADIA will buy a 1.2 percent stake in Reliance Retail Ventures, according to a statement, valuing…
Bank Mergers to be Expected in GCC the Coming Months
Many private equity and venture capital funds eye distressed assets, a top sector expert has revealed.…
Business Confidence Index High in Brazilian Business-Sector
A leading economic think tank, said the Business Confidence Index (ICE) reached 97.5 points in September,…
Banco Central Do Brasil provides Liquidity Measures
Banco Central Do Brasil has provided BRL346 billion through the program so far, including BRL209 billion…
European Union Green Bond Standard to Help Boost Investment
Insurance Europe has published its response to a consultation by the European Commission on its EU…
European Union Financial Regulators Assess Risks to the Financial Sector
Impact of the crisis on EU banks’ asset quality is a key concern as significant uncertainty…
Premiums Decrease for Gabonese Insurance Market
Gabonese insurance market recorded a 5.8% decline in turnover in the first half of 2020. The…
Rand’s Lowest Point This Year came Unexpectedly into South Africa’s Extreme Lockdown
Local unit weakened to R19.08/dollar on 6 April 2020. After its rapid decline to that level,…