Finance

EBRD Approves €25 Million Green Loan for DP World Terminal Electrification in Romania

The European Bank for Reconstruction and Development signed a €25 million senior green loan with…

Fitch Grants UAE Lender Invest Bank First BBB+ Long-Term IDR With Stable Outlook

Fitch Ratings assigned Invest Bank P.S.C. an inaugural long-term issuer default rating of 'BBB+' with…

PBOC Maintains Benchmark Lending Rates Amid Mixed Economic Data

China's one-year and five-year loan prime rates remained unchanged on April 20, 2026, holding at…

Qatar Public Sector Deposits Advance 1.7 Percent in May on Institutional Gains

Public sector bank deposits in Qatar rose 1.7 percent month-on-month in May 2026, led by…

QIIB and Visa Sign Deal to Strengthen Data Analytics in Qatar Digital Payments

Qatar Islamic Bank signed a strategic collaboration agreement with Visa on July 19, 2026, to…

Mounting Fuel Costs from Iran Conflict Signal Potential Consolidation Among European Airlines

As the Iran war drives up oil prices and disrupts air routes, financially weaker European…

Non-Recourse Forfaiting Emerges as Effective Cash Tool for Exporters in Global Trade

On July 18, 2026, a legal expert described how forfaiting enables exporters to sell medium…

Reliance Industries Q1 Profit Tops Forecasts on Record Oil Refining Margins

Reliance Industries announced on July 18, 2026, that its net profit for the April-June quarter…

Bank of Italy Raises 2026 Inflation Forecast to 3.1 Percent on Higher Price Expectations

The Bank of Italy has increased its projected inflation rate for 2026 to 3.1 percent…

Major Chinese Carriers Project First-Half Losses Reaching $1.33 Billion on Fuel Surge and Demand Weakness

On July 17, 2026, China's top airlines warn of heavy losses as Air China, China…

PayPal Board Deems Stripe-Advent $53 Billion Takeover Bid Undervalued

On July 17, 2026, PayPal's board determined that a $53 billion takeover proposal from Stripe…

Fitch Affirms AA- Rating for First Abu Dhabi Bank With Stable Outlook

First Abu Dhabi Bank reinforced its position among the world’s highest-rated banks with AA- equivalent…