central banks

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

Global Markets React to Economic Data, Igniting Fears of Rate Hikes

Global markets experienced a sudden downturn fueled by a mix of conflicting economic indicators, triggering apprehensions about potential interest rate…

2 years ago

Bank of England Set to Tackle Inflationary Pressures with Potential Interest Rate Hike

The Bank of England's potential interest rate hike reflects its commitment to tackling inflationary challenges and ensuring economic stability. As…

2 years ago

Middle East’s Asset Management Industry Navigates Growth Challenges and Seeks New Avenues

The Middle East's asset management industry defies economic headwinds with $1.3 trillion in assets under management, marking a remarkable 7…

2 years ago

Middle East’s Asset Management Industry Outperforms Global Trends, Fosters Transformation

In a remarkable feat, the asset management industry in the Middle East has defied global economic challenges, recording a growth…

2 years ago

NPCI Expands UPI Services to Gulf Countries:Paving the Way for Seamless Cross-Border Remittances

The National Payments Corporation of India (NPCI) is set to revolutionize cross-border remittances with its plans to extend the Unified…

2 years ago

Ominvest-Led Consortium Proposes Revised Offer to Acquire Majority Stake in Ahli Bank

In a game-changing move for Oman's banking sector, a consortium led by Ominvest has proposed a revised offer to acquire…

3 years ago

Swedish inflation runs red hot in December, raising pressure on Riksbank

Swedish consumer prices rose more than expected in December, hitting double digits and a fresh 30-year high in an outcome…

3 years ago

Swiss National Bank posts record $143 billion loss in 2022

The Swiss National Bank posted an annual loss of 132 billion Swiss francs ($143 billion) in 2022, it said on…

3 years ago

Morning Bid: No Messi magic for markets

Soccer fans enjoyed an extraordinary final of the World Cup on Sunday as high emotion and intense drama gave way to Lionel…

3 years ago