Afreximbank, PAPSS partner with CARICOM Central Banks for cross-border payment.
The African Export-Import Bank (Afreximbank) and the Pan-African Payment and Settlement System (PAPSS) have formed a strategic partnership with the Caribbean Community […]
Co-CEOs at $31 billion homebuilder split the title—but one makes millions more than the other.
CEO number one is Stuart Miller, who is also Lennar’s executive chairman and has been with the company for some 40 years. […]
Saudi banks’ aggregate profit reaches $2.2bn.
Saudi banks posted strong financial results in January, with aggregate profits rising 16 percent year on year to SR8.14 billion ($2.17 billion), […]
Oil Updates — crude recovers as upbeat Chinese manufacturing data increases some optimism.
Oil rose on Monday as upbeat manufacturing data from China, the world’s biggest crude importer, led to renewed optimism for fuel demand, […]
Over 1,300 Saudi industrial licenses awarded in 2024, attracting $13.3bn investment, latest figures show
More than 44,000 new jobs are expected in Saudi Arabia after the Kingdom issued 1,346 industry licenses in 2024, an official report […]
Europe shaken as ECB system breakdown delays trillions in payments.
Banks encountered difficulties in handling payments on Friday due to an extraordinary, full-day malfunction of the European Central Bank’s (ECB) system that […]
China’s Manufacturing Grows Despite Economic Woes.
China’s manufacturing activity rebounded in February following a decline in the previous month, according to official data released on Saturday. The recovery […]
Gross GST collections grow 9.1 pc to about Rs 1.84 lakh crore in February.
GST collections for January reached Rs 1.96 lakh crore, marking a 12.3% increase compared to the same period last year. In December, GST collections […]
Donald Trump sparks crypto rally by saying more coins to be in reserve.
Ripple was up nearly 30% at around $2.80, while Solana climbed some 20% to around $170. Cardano, a much smaller token by […]
Top 10 sectors that drove Nigeria’s economy in Q4.
Crop production, trade, telecommunication and information services, and seven other sectors contributed more to Nigeria’s economic growth in the fourth quarter of […]
Hong Kong developer Sino Land reports 30% earnings drop, points to full pipeline.
Major Hong Kong developer Sino Land reported a more than 30 per cent drop in earnings for the first half of its financial year […]
China’s Solar Growth Set for a Slowdown in 2025.
China’s solar power generation capacity growth this year is set for a slowdown after a record 2024, the industry association of the […]