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Mashreq Bank taps banks for AT1 bond issuance
Investor meetings are set to take place today
Voluntary carbon markets are no panacea. Plus: Wall Street moves to T+1 settlement cycle.
Yellen emphasized the need for carbon markets built on a “commitment to integrity”
ECB on track to cut interest rates next week, top bank officials suggest
The bank will still need to maintain restrictive rates until the end of the year, the bank’s chief economist added
SoftBank to sink USD 9 bn a year into AI
The move is part of the company’s strategy to double down on AI and semiconductors investments
Adnoc Drilling sells USD 935 mn stake in secondary sale
The Adnoc subsidiary priced its offering at AED 3.90 a share
Emerging markets’ credit ratings are on the up at last
Three-quarters of sovereign credit rating movements in 2024 have been in a positive direction
Crypto gains on ETF optimism
Ether jumps on exchange-traded funds speculation: ETH approached its biggest two-day gain in nearly two years as traders await US regulators'…
EBRD provided NBE with USD 119.5 mn in financing for MSMEs
The loan will target MSMEs will a regional focus and those that are run by women or young people
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