Banking

Omantel’s Strategic Financial Moves; Postponement of Sukuk Issuance and Bridge Loan Acquisition

Omantel's recent financial moves, including the postponement of the Sukuk issuance and the acquisition of a bridge loan, have caught…

2 years ago

Omani Banks Receive Fitch Ratings Upgrade; A Positive Turn for the Banking Sector

Fitch Ratings has recently upgraded five major Omani banks' long-term issuer default ratings (IDRs). Bank Muscat, BankDhofar, NBO, Ahlibank, and…

2 years ago

Bank of England’s Monetary Policy Holds Steady Amid Economic Uncertainty

The Bank of England has opted to keep the Bank Rate at 5.25% until at least July, marking a pause…

2 years ago

Kraken’s Strategic Move; Expanding Reach Through BCM Acquisition

Kraken, a prominent player in the cryptocurrency exchange arena, has unveiled plans to bolster its European presence by acquiring Coin…

2 years ago

UK Businesses Defy Economic Headwinds with Surging Optimism Amid Inflation Concerns

Amidst a backdrop of economic complexities, the United Kingdom's business landscape is witnessing an unexpected surge in confidence. Despite inflationary…

2 years ago

Morocco’s Resilient Economic Outlook Amidst Structural Reforms

Amidst challenging economic circumstances, Morocco's commitment to enacting structural reforms stands as a beacon of hope. Despite figures pointing to…

2 years ago

Sun Life Grepa’s Empathetic Approach, Ensuring Filipinos’ Financial Confidence

Sun Life Grepa Financial, Inc. (Sun Life Grepa), a leading insurance provider in the Philippines, has unveiled its latest campaign,…

2 years ago

Oman’s Export Landscape, Navigating Shifting Markets and Emerging Trends

Oman's export sector is undergoing a significant transformation, with recent data shedding light on its shifting trends and challenges. Non-oil…

2 years ago

Orion Innovation and Cebuana Lhuillier Bank Forge a Path Towards Financial Inclusion in the Philippines

In a landmark move to empower marginalized communities, Orion Innovation and Cebuana Lhuillier Bank have united their strengths to spearhead…

2 years ago

Global Financial Landscape Awaits Bank of England’s Decision Amid US Rate Hikes

As economic observers hold their breath, the Bank of England stands at a critical crossroads, its response poised to resonate…

2 years ago