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Financial Institutions
UAE targets AED2.56t in Islamic banking assets by ’31
The UAE’s newly approved Islamic Finance and Halal Strategy is expected to significantly accelerate the growth of…
Finance Ministry’s tax moves seen bolstering investor confidence in Egypt
Egypt’s latest wave of tax reforms is winning praise from the business community, as policymakers aim to stabilise…
Qatar holds key interest rates steady
Qatar Central Bank has kept its key interest rates unchanged after a policy review. The QCB Deposit Rate (QCBDR) at…
CBUAE maintains base rate
UAE’s Central Bank (CBUAE) kept the Base Rate for the Overnight Deposit Facility steady at 4.40 per cent, mirroring…
US Federal Reserve keeps interest rates steady at 4.25–4.5%
The US Federal Reserve’s Federal Open Market Committee (FOMC) decided to maintain the target range for the federal…
Egypt’s new tax plan draws applause from media for pro-investor tilt
Egypt’s sweeping new tax relief measures are drawing praise from prominent media figures, who say the initiative…
ADB urges action on digital divide in Asia-Pacific
Digitalisation can help reduce economic inequality in Asia and the Pacific, but governments must address digital…
Deputy FinMin says Egypt’s tax incentives reflect ‘new vision’ for economic reform
Egypt’s first tax relief package signals a broader shift toward a modernised, partnership-driven tax system that…
German Watchdog: Banking sector solid, outlook still unclear
Germany’s financial firms remain resilient, but high uncertainty continues to cloud the outlook, according to BaFin…
Elsewedy: Egypt’s FinMin boosts investor confidence with tax reforms
Egypt’s Finance Minister Ahmed Kouchouk is playing a pivotal role in restoring investor confidence and driving…