Finance

Partnership Between ADI Foundation and Tokinvest Targets $100 Million in Tokenized Sukuk Issuance

ADI Foundation and Tokinvest announced on October 6 2026 a collaboration to develop a $100…

Turkish Annual Inflation Falls Below 30 Percent for First Time Since 2021

Turkey's annual inflation slowed to 29.73 percent in September 2026, below market expectations and marking…

Cash Flow Issues Drive 82 Percent of Small Business Failures

On October 5 2026 a U.S. Bank study cited by SCORE showed that 82 percent…

FlyAkeed moves into corporate travel finance after $25.15m funding

FlyAkeed’s $25.15m funding and D360 Bank agreement put payment terms at the centre of its…

UAE Central Bank Governor Reviews Sector Resilience with Bank Chiefs

CBUAE Governor convened CEOs of banks operating in the UAE to discuss banking sector performance…

Turkiye Annual Inflation Slows to 29.73 Percent in September Data

The Turkish Statistical Institute reported on October 5 that annual consumer inflation in Turkiye eased…

Qatar Central Bank Partners with Euroclear to Broaden Global Reach of Government Debt

Qatar Central Bank and Euroclear announced on October 5, 2026 a collaboration to create an…

Non-Oil Industries Drive Oman’s 5.1 Percent GDP Expansion in Second Quarter

Oman's gross domestic product expanded 5.1 percent in the second quarter, according to data from…

Oil Drives Oman’s 5.1% GDP Growth in Second Quarter of 2026

The National Centre for Statistics and Information released preliminary data this week showing Oman's real…

Russia’s Oil and Gas Revenues to Fall to 2.7% of GDP in 2029, Finance Ministry Says

Russia’s oil and gas revenues to fall to 2.7% of GDP in 2029 according to…

GCC Countries Post Record $161 Billion in Global-Leading Worker Remittances for 2025

On October 4, 2026 the GCC Statistical Centre reported that outward workers' remittances from the…

Citibank Presents QIIB With 2026 Award for Straight Through International Payments

Qatar International Islamic Bank received Citibank New York's 2026 Straight Through Processing Excellence Award for…