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THIS MORNING: Airspace disruptions, diplomatic efforts continue as Iran conflict escalates
Gulf IPOs + debt offerings might see a slowdown amid escalation of regional tensions, DB’s MENA head says
CBUAE and China’s CIPS partner on cross-border payments
Plus: Wildstone taps Multiply’s MMG to operate London advertising assets
GCC could see external funding outflows due to the Israel-Iran conflict, but the UAE is likely to weather the storm -S&P Global
External funding outflows could reach around USD 240 bn
THIS MORNING: Israel strikes Iran in biggest attack on the country since Iraq war + President heads to G7 summit this Sunday
Plus: Sidara’s Wood takeover deadline was extended to the end of June
Islamic banking in the age of open finance
In a region where traditional banking still dominates, the future of finance is arriving fast—and it’s digital, open, and competitive.…
UAE’s 10 largest banks see combined net income rise 8.4% q-o-q to AED 22.2 bn in 1Q
Growth was supported by a 59.3% q-o-q reduction in impairment charges and an 18% quarterly rise in net fee and…
Societe General becomes first bank to launch USD-backed stablecoin
The USD CoinVertible will be tradable from July
Kuwait Investment Authority latest to join MGX-backed AIP
PLUS: Emirates + Air China cooperate on cargo operations
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