Banking and Finance

Abu Dhabi conglomerate International Holding Co (IHC.AD) is considering acquisitions worth a few billion dollars in total across several sectors, including a real estate developer in Abu Dhabi, its ...

The global supply chain is grinding to a halt, under the pressure of soaring consumer demand for goods and insufficient technology at ports and for shipping. – this offers an opportunity ...

Banks expect stricter lending criteria for households, unchanged criteria for lending to businesses and an increase in the demand for loans in all categories for the second quarter of 2021, the ...

The Taliban have appointed an acting head of Afghanistan’s central bank to help ease growing economic turmoil, more than a week after the Islamist movement seized the capital Kabul, ...

Bitcoin’s price surged past $50,000 on Monday for the first time since May, but the rebound from a months-long slump later ran out of steam. The world’s largest cryptocurrency ...

PayPal Holdings Inc (PYPL.O) will allow customers in the UK to buy, sell and hold bitcoin and other cryptocurrencies starting this week, the company said on Monday. The roll-out, ...

Amid economic disruptions from Covid-19, global trade on the whole held up relatively well in 2020 and moved on to greater strength in 2021, according to a report by United Nations Conference ...

Bitcoin rose 5.01 per cent to $49,106.4 at 22:04 GMT on Friday, adding $2,342.1 to its previous close. The price of bitcoin on Sunday is $49,239.20 or €42,095.58. There is an analyst consensus that a move ...

Lebanese fuel prices are expected to double after the state decided on Saturday to change the exchange rate used to price petroleum products in a bid to ease crippling shortages ...

Sterling touched one-month lows against a robust dollar and the euro on Friday, capping the pound’s worst week in months as global risk aversion propelled investors towards currencies considered ...

The Cyprus Government Guarantee Scheme will offer low-interest loans to businesses of all sizes via Cyprus banks. It will become available with the enactment of the Amending Law “On the ...

Astrobank is offering free cash withdrawals at more than 330 ATMs nationwide for AstroBank customers, the bank said in a statement on Thursday. AstroBank continues its cooperation with the company Euronet ...

Digital twins—digital representations of real-world entities such as sensors, devices, machines, systems, and even people—have evolved from a niche concept to an integral part of the industrial landscape. ...

Lebanon is now at the centre of a confrontation between Israel and Iran over fuel deliveries. US sanctions could also follow a delivery of fuel from Iran – Lebanon could face ...

A London court on Wednesday approved a £10 billion-plus ($14 billion-plus) class action against global payments processor Mastercard (MA.N) that claimants said could entitle 46 million British adults to roughly £300 each if ...

The Bank of Cyprus has chosen TeamMate+ Audit as its solution for a number of challenges to internal audit, according to a case study published on Wednesday. TeamMate+ Audit, produced ...

Cyprus’ €1.2 billion Resilience and Recovery Plan (RRP) was approved by the EU on July 8, and there are already today a number of projects close to completion, and others in full ...

Germany plans to sell up to a quarter of its 20 per cent stake in Lufthansa (LHAG.DE) over the coming weeks, the German finance agency said on Monday, citing positive ...

Sterling steadied against the dollar on Friday as the greenback weakened following a weak reading of consumer sentiment, but the British currency was still on track for a second week ...

Global merger and acquisition (M&A) activity has breached new highs, building on the record-breaking dealmaking streak from the beginning of the year that has been aided by low ...

As cryptocurrency prices rally across the board, pushing the combined crypto market firmly over $2 trillion for the first time since May, some bitcoin and crypto investors are feeling confident the ...

‘Nobody’s running the country’ said Lebanon’s central bank governor Riad Salameh complained on Saturday decrying the chaos and violence that are spreading right across the nation. At the ...

A former official has accused the Turkish Statistical Institute (Turkstat) of manipulating inflation data, Ahval reported on Wednesday. Turkey’s last inflation report in July was at 18.95 per cent. This ...

Poly Network, the cryptocurrency platform which lost $610 million in a hack earlier this week, confirmed on Friday it had offered the hacker or hackers a $500,000 “bug bounty”. In a statement, ...