Most Gulf central banks have reduced their key interest rates by 25 basis points, mirroring the U.S. Federal Reserve’s latest move to cut rates for the second time this year. The decision reflects the ...
South Africa’s FirstRand Bank has acquired a 20% stake, valued at approximately $70 million, in UAE-based fintech firm Optasia. The deal strengthens FirstRand’s presence in Africa’s rapidly growing ...
Abu Dhabi-based real estate developer Aldar has unveiled plans to launch a series of develop-to-hold projects across the emirate, collectively valued at AED 3.8 billion in gross development terms. The ...