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Financial Institutions
AXA launches 3-yr plan to boost profits by ’26
France's AXA, Europe's second-biggest insurer, announced a new three-year plan called Unlock the Future aimed at…
Egypt’s Beltone, BOA Group enter collaboration deal
Beltone Holding, a rapidly growing financial institution, has entered into a multidimensional collaboration…
Goldman, hedge funds eye uranium profits
Goldman Sachs and Macquarie, two investment banks, and some hedge funds are getting ready to profit from a rising…
Adani Group’s to raise $2.6 bln for expansion
The Indian Adani Group is actively discussing with sovereign funds in West Asia to secure up to $2.6 billion for…
2023 revenue soars 40.0% y-o-y – Markaz
Kuwait Financial Centre, Markaz, announced on Sunday a rise in total revenue to KD 26.32 million in 2023 from KD…
IMF urges Zimbabwe to expedite currency reforms
The International Monetary Fund (IMF) after the completion of staff mission to Zimbabwe, has urged the country to…
EU investment portfolio in Egypt hits €5.8 billion – official
The EU’s investment portfolio with Egypt has reached €5.8 million ($6.2 billion), said Gerassimos Thomas,…
SoftBank shares surge to highest level since May ’21
SoftBank Group Corp. stocks surged by 11 per cent, reaching its highest level since May 2021 due to the strong…
S. Korea’s dollar bond deals reach $15 bln
South Korean companies have issued over $15 billion worth of bonds since January 1, a 30 per cent increase from the…
IMF confident in world economic outlook
The International Monetary Fund’s chief, Kristalina Georgieva, on Monday expressed confidence in the world economic…