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Finance
S&P Global Ratings Notes Qatar Activity Offsetting Middle East Sustainable Bond Decline
Qatar's expanded sustainable debt activity helped limit the first-half contraction across the Middle East to…
Tewolde Gebremariam Named Air India CEO to Guide Next Phase of Turnaround
Air India appointed Tewolde Gebremariam, the former longtime CEO of Ethiopian Airlines, as its chief…
China’s Foreign Exchange Reserves Edge Higher in July After June Dip
China's foreign exchange reserves rose by $2.5 billion to $3.4188 trillion at the end of…
Eurostat Data Shows EU GDP Valued at €18.8 Trillion During 2025
Eurostat reported this week that the European Union's GDP reached €18.8 trillion in 2025, reflecting…
Moody’s Revises MENA Sovereign Credit Outlook to Negative on Conflict and Trade Risks
Moody's Ratings revised the sovereign credit outlook for Middle East and North Africa countries to…
Empower Posts 16.2 Percent Rise in First-Half Net Profit to AED468 Million
Empower reported a 16.2 percent year-on-year increase in net profit after tax to AED468 million…
UAE SpaceTech Firm Space42 Records $260 Million Revenue in First Half
Space42 announced on August 5 2026 that it generated $260 million in revenue for the…
QNBFS Report Shows Qatar Public Sector Deposits Climbing 3.2 Percent in June
Public sector deposits in Qatar's banking system rose 3.2 percent month-on-month in June 2026 to…
GCC Banks Shift Focus to Backend Integration as Open Finance Expands
Banks across the GCC are advancing to a new phase of technology modernisation that targets…
Assessment Details Crownexis Execution Focus for Experienced Traders
A platform assessment published on August 5, 2026, outlined how Crownexis structures its multi-asset brokerage…
RBI Maintains Repo Rate at 5.25 Percent While Gauging Middle East Conflict Risks
India's Reserve Bank of India held its benchmark repurchase rate steady at 5.25 percent on…
PBOC Schedules Major Liquidity Injection via Outright Reverse Repo Tool
The People's Bank of China announced on Tuesday that it will conduct around $73.6 billion…