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CBUAE keeps interest rates unchanged
Federal Reserve Chair Jerome Powel said that the US’ tightening of rates is likely to let up soon
More GCC integration: CBUAE X Gulf Payments
CBUAE and Barclays Bank will now be using the payment linking system
ESA + FAB to develop commodity trading platform
FAB will support ESA in reviewing its projects to hedge and trade carbon credits
Moody’s issues negative outlook for global banks
Moody’s blames slower growth and risk of borrowers defaulting for its outlook
Loans, carbon markets, green bonds and more
Day 6 of COP28 provided a deluge of updates from across the climate finance sector
UAE, Indonesia enable cross-border payments +
BANKING- Cross-border QR payments with Indonesia will soon be possible: The Central Bank of the UAE (CBUAE) and Indonesia’s central…
Nabeel Albloushi named HSBC Markets & Securities head
Albloushi was previously responsible for HSBC’s regional corporate sales platform
DP World breaks ground on logistics park in Egypt’s Ain Sokhna port + SMEs are going greener
LOGISTICS- DP World breaks ground on Sokhna logistics park: Emirati port operator DP World has broken ground at its USD…
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