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Quarterly Profit of Top 10 UAE Banks Up by 5.6% Due to Reduced Impairment Charges

The aggregate net profit of the UAE's 10 largest banks increased by 5.6 per cent on a quarterly basis in the third quarter, boosted...

FinTech Boom in MENA: Top FinTech Investments of August 2023

The Middle East and North Africa (MENA) region are witnessing a surge in FinTech activity. Many believe this is fueled by the emergence of...

Gold Rises as Top Central Banks Adopt More Cautious Approach

Gold yesterday settled up by 0.5% at 60082 as top central banks switch to a more cautious posture about further moves in their year-long...

America’s Recession Avoidance Credit Goes to Corporate Sector, Says Top Strategist

Albert Edwards is known for lamenting “Greedflation.” The veteran strategist at the French investment bank Société Générale argued in a series of research notes...

Top Economists Advocate Bolder Action in Tackling the ‘Crisis of Extreme Inequality’

More than 230 economists and political leaders have called on the United Nations and the World Bank to do more to tackle the widening...

Deutsche Bank Attracts Top Perella and Credit Suisse FIG Bankers

Deutsche Bank AG is hiring top financial services dealmakers from Perella Weinberg Partners and Credit Suisse Group AG as it seeks to beef up...

Global Debt Reaches Alarming Levels as Rate Hikes Spark a ‘Crisis of Adaptation,’ Warns Top Trade Body

The global debt pile grew by $8.3 trillion in the first quarter to a near-record high of $305 trillion as the global economy faced...

Why top industrial CEOs remain bullish about the economy despite recession worries

The industrial economy is on solid footing and activity is expected to pick up later this year, top CEOs in the space exclusively told...

Top Nigerian Bank Allocates $267 Million in Response to Ghana’s Debt Restructuring

Zenith Bank Plc, Nigeria’s biggest lender by market value, said it set aside 123.4 billion naira ($267 million) in part to account for its...

Goldman’s top stocks to play the Inflation Reduction Act, including some with 50% upside

The Inflation Reduction Act signed into law last year could create a boost for stocks from various sectors, and Goldman Sachs broke down its...

Dollar to Weaken Over Next 2 Years, UniCredit Says

Asian Development Bank Commits $100 Billion Investment for Maximum Climate Impact

Bank of Canada Governor Indicates Potential Cease in Interest Rate Increases

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