Featured S. Arabia plans Nupco IPO Aya Anwar Jul 15, 2024 0 Saudi Arabia's sovereign wealth fund, the Public Investment Fund (PIF) is advancing with an IPO for Nupco, the…
Featured Kuwait’s KSCP mulls buying stake in Saudi Investment Bank Aya Anwar Jun 25, 2024 0 Kuwait Finance House KSCP is considering purchasing a significant stake in Saudi Investment Bank as deal activity…
Featured Mastercard, US banks test tokenised settlement Aya Anwar May 8, 2024 0 Mastercard Inc. is teaming up with some of the largest US banks to explore shared-ledger technology, enabling the…
Featured Abu Dhabi raises $5b from eurobond market after 3-yr hiatus Aya Anwar Apr 24, 2024 0 Abu Dhabi has entered the Eurobond market for the first time since 2021, raising a substantial $5 billion in what…
Featured Abu Dhabi to re-enter eurobond market after 3-yr absence Aya Anwar Apr 23, 2024 0 Abu Dhabi is entering the eurobond market for the first time in roughly three years, a move prompted by diminishing…
Featured Morgan Stanley enters bond market post Q1 revenues announcement Aya Anwar Apr 17, 2024 0 Morgan Stanley is entering the bond market just after announcing first-quarter revenue that surpassed expectations,…
Money China solar stocks soar on curtailment relief hopes Aya El Sayed Mar 11, 2024 0 Chinese solar stocks soared on Monday as investors expected the government to ease limits on solar power…
Banks S. Arabia borrows $12bln in bonds Aya El Sayed Jan 9, 2024 0 Saudi Arabia has raised $12 billion from foreign debt, marking its biggest borrowing since 2017, during a…
Banks US banks save up reserves after First Republic Bank rescue Yassmine Elbehnaihy Apr 12, 2023 0 JPMorgan Chase and Co, Wells Fargo & Co, Citigroup Inc and Bank of America are setting $100 million each in Q1…
Financial Institutions Wall Street expected to report shortage in earnings Yassmine Elbehnaihy Apr 11, 2023 0 Most Wall Street banks are expected to report lower quarterly earnings and have a hard time for the rest of the…